News Briefs for December 9, 2016December 9, 2016
•Illinois-based importer Winesellers, Ltd. has added Spanish vermouth Bodegas Oliveros to its portfolio. Retailing at $17 a 750-ml., Oliveros is made with a base of sweet wine matured in American oak casks, which is then blended with Holandas brandy and a mix of 30 botanicals, and finally aged for a minimum of two years. The vermouth category totals about 1.4 million cases in the U.S., according to Impact Databank, and has been roughly flat over the past half-decade.
•David Gates, Diageo’s global head, premium core spirits, is taking on an additional role at the spirits giant while retaining his current post. Diageo has appointed Gates as managing director of its futures division, which serves as the company’s innovation center. Meanwhile, Mark Sandys, Diageo’s global head of beer and Baileys, has added Smirnoff—the world’s top-selling premium spirits brand—to his portfolio. Additionally, Cristina Diezhandino, managing director, global reserve, has been given responsibility for Diageo’s single malt range.
•Scotch whisky producer Compass Box has appointed Marc Nicolet to the newly created role of vice president, national sales director, effective immediately. Over his 18 years of spirits industry experience, Nicolet has held various sales positions at Empire Merchants, Ketel One, Cooper Spirits and most recently served as vice president, Eastern division, for Pisco Portón. Bacardi took a minority stake in Compass Box in 2014.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.