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Shanken News Daily: Exclusive news and research on the wine, …
Shanken News Daily is a daily email news service covering the global spirits, wine and beer business. It is published by M. Shanken Communications, Inc., publishers of Impact Newsletter/Impact Databank, Wine Spectator, Whisky Advocate, Cigar …
Exclusive news and research on the wine, spirits and beer business
Sep 27, 2024 · The 6-unit chain has annual revenue of more than $20 million, most of which comes from wine. Beau Starkel of Nebraska-based Wine, Beer, and Spirits. Starkel originally got into beverage retail as a way to pay rent on his event space during the Covid-19 pandemic. What started as a side project has since evolved into one of Nebraska’s top ...
Exclusive news and research on the wine, spirits and beer business
Aug 30, 2024 · Among sparkling wines, solid growth in the $15 and over import segment has been achieved mostly by Prosecco labels, including Gallo’s La Marca, Mionetto’s eponymous Prosecco, and Deutsch’s Josh Cellars. La Marca is the number-one sparkling wine brand in the U.S. in terms of both volume and value, according to Impact Databank.
Exclusive news and research on the wine, spirits and beer business
October 4, 2024. New York-based importer and distributor Skurnik Wines & Spirits continues to expand both its national portfolio and its wholesale business, with the company projecting $210 million in revenue this year on volume of approximately 1 million cases. Skurnik’s wholesale territory now encompasses nine states—including key areas ...
Exclusive news and research on the wine, spirits and beer business
Oct 10, 2024 · From Delicato, Bota Box Minis and Bota Box Breeze are each up by more than 20% so far this year in control markets after combining for nearly 1.5 million cases in 2023. “We’re expecting another strong year of double-digit growth for both brands,” Kathy Pyrce, Delicato’s vice president of marketing, told SND. Seaglass, from Trinchero ...
Exclusive news and research on the wine, spirits and beer business
October 11, 2024. Bardstown Bourbon Company (BBC) has unveiled another major expansion, and this one tops all its previous ones. The company has opened a second, entirely new distillery on its 400-acre campus in Bardstown, Kentucky. The site now houses three column stills and 48 fermentation tanks. Including BBC-owned Green River Distilling in ...
Exclusive news and research on the wine, spirits and beer business
Oct 8, 2024 · In total, the 27 Hot Prospects add up to 2.26 million cases with an average growth rate of 59% for 2023. For comparison’s sake, in 2020, these brands totaled 516,000 cases. Hot Prospect spirits brands above 100,000 cases include DeLeon Tequila, Mi Campo Tequila, Wheatley vodka, Licor 43, Empress 1908 gin, Ole Smoky Banana Pudding Cream, and ...
Exclusive news and research on the wine, spirits and beer business
Oct 7, 2024 · After Acquisition Announcement, Duckhorn Posts Sales Of $406 Million October 7, 2024. In case you missed this morning’s news alert, The Duckhorn Portfolio has agreed to be acquired by Los Angeles-based private equity firm Butterfly for $1.95 billion. According to Impact Databank, Duckhorn is the 20th-largest wine marketer in the U.S. by volume, up 5.5% to 2.6 million cases last year.
News Briefs for October 11, 2024 - Shanken News Daily
October 11, 2024. •Society De La Rassi, a new alcohol-free sparkling wine, has launched across the U.S. The Spanish dealcoholized bubbly is made from Chardonnay and undergoes vacuum distillation to bring the abv below 0.5%. The brand’s first release, Neue Brut, is made with a portion of added grape must, bringing the sparkler closer in ...