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

News Briefs for October 5, 2018

October 5, 2018

•In case you missed yesterday’s News Alert, Beam Suntory has named Albert Baladi to succeed Matt Shattock as CEO, effective April 2019. Baladi, who has been with Beam Suntory since 2011, is currently the spirits giant’s COO and president for North America. Shattock will remain non-executive chairman of Beam Suntory and continue on the Suntory Holdings board. Here’s the full story.

•An investigating magistrate in Bordeaux has placed two well-known wine figures, Philippe Castéja, a négociant and owner of Château Trotte Vieille, and Hubert de Boüard, the former co-owner of Château Angélus and a consulting winemaker, under formal investigation for “prise illégale d’intérêt,” which translates roughly as unlawfully taking an interest. The two men are under suspicion of having used their public roles in the organizations responsible for the 2012 St.-Emilion Classification for personal gain. The case threatens to up-end the classification, calling into question Angélus’ status as one of the four Premier Grand Cru Classé A wineries in the Right Bank appellation. Wine Spectator has the full story.

•Pernod Ricard’s Irish Distillers unit has debuted the 2018 vintage of Midleton Very Rare. A blend of single pot still and single grain Irish whiskies, Midleton Very Rare 2018 was matured in lightly charred ex-Bourbon American oak barrels for 12-28 years prior to bottling. The 40% abv whiskey is the 35th edition in Midleton’s Very Rare series, and is retail priced at around $208 a 750-ml. The Irish Distillers portfolio also includes category leader Jameson, Redbreast, Powers, Green Spot, and Yellow Spot.

•Palm Bay International has launched two new expressions within its Chamucos Tequila range. Chamucos Diablo Blanco ($60 a 750-ml.) clocks in at 55% abv, while Chamucos Extra Añejo ($199 a 750-ml.) is a blend of 3-, 4-, and 5-year-old Tequilas. Both new Tequilas are made from 100% Los Altos blue agave, and are currently rolling out nationwide. The Chamucos range also includes Reposado, Blanco, and Añejo offerings.

•Stoli Group USA has revamped its Bayou rum brand and extended it with two new offerings. The newcomers include Bayou Single Barrel Batch 001, which was aged two years and four months in rye barrels, as well as Bayou XO Mardi Gras, which will debut early next year. The latter is packaged in a glass decanter with a wooden closure and celebrates the brand’s Louisiana roots. Meanwhile, Bayou has repackaged its core line, which includes its White (formerly Silver), Spiced, and Select rums.

•Diageo has extended its Cîroc vodka brand with a limited edition Black Raspberry expression. Made with a blend of black raspberry and other natural flavors, the new entry is packaged in an all-black bottle with metallic gold lettering. Cîroc Black Raspberry is rolling out nationwide in limited quantities this fall.

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