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

Michter’s Set For Fresh Round Of Upscale Rollouts

August 12, 2015

Michter’s Distillery is bringing back its Michter’s US 1 Toasted Barrel Finish Bourbon in October. The whiskey, which receives an 18-month finish in a second barrel that’s lightly toasted and not charred, was on the market last year at $48 a 750-ml. before supplies ran out. It will be re-released this fall at $53, says Joseph Magliocco, president of Michter’s and its parent company, Chatham Imports Inc.

Magliocco tells SND that a Michter’s 20-year-old Bourbon also will be released in October at $600, replacing a 25-year-old that’s now gone off the market. In addition, Michter’s Celebration Sour Mash, last released in December 2013 in limited quantities at $4,000, might become available again next year—and probably at higher prices, as some retailers sold the Celebration Sour Mash at prices surpassing $8,000 last year before supplies ran out. “We have the stocks at this point to do Celebration again,” Magliocco says.

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

Tagged : ,

GET YOUR FIRST LOOK AT 2025 ESTIMATES AND 2030 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2025 IMPACT DATABANK REPORTS. CLICK HERE.

Previous :  Next :