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

News Briefs for November 1, 2017

November 1, 2017

•Treasury Wine Estates’ Sterling Vineyards has unveiled its first sparkling wines. Rolling out ahead of the holidays, the bubbly offerings include a Sterling Vineyards Blanc de Blancs, made from 100% Napa Valley Chardonnay, and Sparkling Rosé, featuring a blend of 70% Chardonnay and 30% Pinot Noir. Both are retail priced at $28 a bottle. Sterling Vineyards—acquired by TWE as part of its 2015 purchase of Diageo’s former wine business—was at 885,000 cases in the U.S. last year, according to Impact Databank.

•Edrington-owned The Macallan has launched Classic Cut, a new limited expression of the Speyside whisky matured in Oloroso Sherry casks. The NAS whisky is bottled at 58.4% abv and retails for a suggested price of $89 a 750-ml bottle. Classic Cut will be available internationally, limited to 90,000 bottles in total. In 2016, the Macallan was up 8% to 234,000 cases in the U.S., according to Impact Databank.

•Stoli Group will launch a limited edition of its luxury Elit vodka early next year. Elit Vodka Night Edition will feature an LED light that illuminates the bottle’s frosted neck. The limited release is targeted at nightclub audiences and will be available in the U.S. in one-liter bottles. In 2016, Elit was up 40% to 24,000 cases stateside, and Stoli sees the brand reaching 40,000-50,000 cases in the next few years.

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