•San Antonio-based Rebecca Creek Distillery has taken on a new minority investor and is planning a significant expansion, aiming for production of 100,000 nine-liter cases by the end of next year. Rebecca Creek gained $15 million in new capital in … Continue reading →
The post Craft Brewing and Distilling News for July 20, 2017 appeared first on Shanken News Daily. Read more
The U.S. wine market is expected to continue its long-term growth streak in 2017, with a modest 1.1% gain to a new record of 330 million nine-liter cases this year, marking its 24th consecutive annual increase. The industry is then … Continue reading →
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On July 6, luxury goods conglomerate LVMH issued a statement announcing that a Hong Kong court had settled a case between it and international auction house Acker Merrall & Condit over a counterfeit bottle of Krug Champagne. While both parties … Continue reading →
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•Champagne Pommery has unveiled a new brand, Louis Pommery, which is debuting with the launch of Pommery’s first California sparkling wine. The California sparkler is comprised of 96% Chardonnay and 4% Pinot Noir and retails at $24 a bottle. The … Continue reading →
The post News Briefs for July 19, 2017 appeared first on Shanken News Daily. Read more
•Michigan’s Founders Brewing Co. has debuted gose-style beer Green Zebra. Brewed with watermelon and sea salt, Green Zebra will be released across Founders’ entire 46-state distribution network. Retailing at $9.99 a 6-pack of 12-ounce cans, Green Zebra will launch in … Continue reading →
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In the second part of our interview, Southern Glazer’s CEO Wayne Chaplin discusses the wholesale giant’s view on the franchise state business, potential expansion in beer, and how the next generations of Chaplins and Glazers are contributing to the company. … Continue reading →
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•Stock Spirits has agreed to take a 25% stake in Quintessential Brands’ Irish whiskey business for €18.3 million ($21m). Quintessential Brands, founded by former Campari CEO Enzo Visone and former investment banker Warren Scott in 2011, began construction on its … Continue reading →
The post News Briefs for July 18, 2017 appeared first on Shanken News Daily. Read more
•New Belgium Brewing has named Beam Suntory veteran Steve Fechheimer as CEO. Fechheimer most recently served as Beam Suntory’s chief strategy officer. In his new role, he replaces Kim Jordan, New Belgium’s founder, who has been serving as interim CEO … Continue reading →
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On June 30 of last year, Southern Wine & Spirits of America and Glazer’s Inc. finalized their merger deal and launched spirits and wine distribution giant Southern Glazer’s Wine & Spirits, LLC. The deal, which had been announced six months … Continue reading →
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•James Pepper Distilling Co., whose labels include the James E. Pepper 1776 whiskey range, has received a federal permit for its new distillery, which is under construction in downtown Lexington, Kentucky. The facility is slated to onstream this fall and … Continue reading →
The post News Briefs for July 17, 2017 appeared first on Shanken News Daily. Read more