Exclusive news and research on the wine, spirits and beer business

News Briefs for September 7, 2017

September 7, 2017

•Brown-Forman is extending Jack Daniel’s with a new Tennessee Rye offshoot. Rolling out nationwide in October, Jack Daniel’s Tennessee Rye features a grain bill of 70% rye, 18% corn and 12% malted barley and is charcoal-mellowed before being matured in new American oak. The 90-proof offering will be available in 50-ml., 750-ml. and 1-liter bottles, retail priced at $26.99 a 750-ml. Tennessee Rye joins the Old No. 7, Gentleman Jack, Single Barrel, Tennessee Honey, Tennessee Fire and Sinatra Select labels in the Jack Daniel’s portfolio.

•St. Helena, California–based Ménage à Trois has debuted Decadence, a new Cabernet Sauvignon. Sourced from California’s Lodi, Monterey and North Coast regions, Decadence is a blend of 84% Cabernet Sauvignon, 10% Petite Sirah and 6% Merlot. The 13.8%-abv wine was infused with 70% French oak prior to bottling. Ménage à Trois’s newest Cabernet Sauvignon entry, now the 17th offering in its portfolio, is available nationwide for $14 a 750-ml. Ménage à Trois was up 16.7% to more than 2.8 million cases last year, according to Impact Databank.

•Louisville, Kentucky’s Michter’s Distillery is releasing a limited quantity of US*1 Toasted Barrel Finish Rye for the first time. The single-barrel release starts as Michter’s US*1 Kentucky Straight Rye before it is aged for an additional period in a toasted (not charred) barrel. The release ranges from 53.5%-55.9% abv and retails for a suggested price of $75 a 750-ml. The whiskey is available in extremely limited quantities across Michter’s distribution area.

•Chicago auction house Hart Davis Hart Wine Co. has scheduled its biggest auction ever, with nearly 3,400 lots estimated to be worth as much as $9.3 million to be sold from September 14 to 16. The event will offer 275 lots of rare spirits projected to earn as much as $780,000 under the gavel. The lead consignor is Ernie Semersky, a Chicago venture capitalist and futures trader. He’s offering such spirits as a 1-liter bottle of Hennessy Cognac Edition Particuliere, estimated at $20,000-$30,000, a 750-ml. of the Macallan 62-year-old ($20,000-$30,000), and a 1940 Glenlivet 70-year-old bottled by Gordon & MacPhail, estimated at $16,000-$24,000. Also included is an NV LeNell’s Red Hook Kentucky Straight Rye Whiskey from Kentucky Bourbon Distillers Ltd., at $10,000 to $15,000.

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