Although Cognac has lost a little steam in the U.S. lately—decelerating from 2.8% volume growth in 2012 to a 1.9% advance last year, according to Impact Databank—category leader Hennessy has managed to stay ahead of the curve. Continue reading →Posted in News on October 21, 2014
For the first time since an August 8 temporary restraining order, Balcones founder Chip Tate can talk about the legal battle at the Texas distillery.
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•Casamigos Tequila has extended its ultra-premium lineup with a new Añejo entry. Continue reading →Posted in News on October 21, 2014
While the Johnnie Walker brand—with retail sales of $5.8 billion annually, according to Impact Databank—may be the standard-bearer for Diageo’s Scotch whisky portfolio, the company is also actively cultivating global demand for its upscale single malt Scotches. In Diageo’s fiscal year ended in June, its single malt stable—including Talisker, Oban, Lagavulin, The Singleton, Dalwhinnie, Clynelish, Cragganmore and others—showed collective 18% net sales growth. SND senior editor Daniel Marsteller recently interviewed Diageo head of whiskies Nick Morgan to get his take on the rapidly developing market for single malts and the opportunities and challenges ahead. Continue reading →Posted in News on October 20, 2014
The 34th edition of Wine Spectator’s Wine Experience was held at New York’s Marriott Marquis Hotel late last week, and, as always, it was a signature event for both the wine industry and many of its most dedicated consumers. Continue reading →Posted in News on October 20, 2014