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

News Briefs for May 10, 2019

May 10, 2019

•In case you missed it, The Boston Beer Company last night announced that it will acquire Delaware-craft player Dogfish Head in an agreement valued at $300 million. The deal will fold Dogfish Head’s portfolio and brewery into Boston Beer’s much larger corporate structure. Following completion of the transaction, Dogfish Head’s Sam Calagione will join Boston Beer’s board of directors. The full story can be found here.

•Stoli Group has unveiled a new, limited edition bottle for its flagship Stoli vodka, in honor of the 50th anniversary of the Stonewall Uprising. The “Spirit of Stonewall” will raise funds for the Stonewall Inn Gives Back Initiatives, which works to end discrimination and social intolerance. The bottle features a mural with protest signs, a high heel, and a sign spelling “liberation,” among other symbols of the LGBTQ rights movement, and was designed by artist Lisa Marie Thalhammer. The 1-liter bottles will be available nationwide for a limited time at a suggested retail price of $23.

•Ste. Michelle Wine Estates-owned 14 Hands has introduced canned packaging for four of its wines. Rolling out for the brand’s Pinot Grigio, rosé, Hot to Trot red blend, and Bubbles sparkling wine variants, the new 375-ml. cans ($6) will be available at grocery and convenience stores nationwide. Around 1.5 million cans of 14 Hands will enter the market in 2019. In addition to its core lineup of varietal wines, the 14 Hands portfolio also includes a higher-end Reserve tier from the Horse Heaven Hills AVA, as well as a Vintage Series comprised of collectible red blends.

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

Tagged : , , , ,

Get your first look at 2017 data and 2018 projections for the wine and spirits industries. Order your 2018 Impact Databank Reports. Click here.

Previous :  Next :