Monthly Archive: January 2021
Premiumization Drives Gains For Retailers, As Demand Exceeds Supply Of Key Labels
An intense focus on high-end spirits ignited by the onset of Covid-19 last March rocketed throughout the holiday season, key retailers report. Tequila led the charge with supply struggling to keep pace with lightning-quick demand. Continue reading →
Posted in News on January 22, 2021Rémy Cointreau Sees Strong Third-Quarter Rebound, Driven By The U.S.
Rémy Cointreau’s sales rebounded strongly in its fiscal third quarter through December, rising 25% on an organic basis. Through the first three quarters of the company’s fiscal year, sales were down 1.6% organically to €780.9 million ($950m). Continue reading →
Posted in News on January 22, 2021Wine Spectator: Bordeaux’s Château du Tertre Sold
The Albada Jelgersma family is slimming down their winery portfolio, selling Bordeaux fifth-growth Château du Tertre in Margaux to an undisclosed French institutional investor. Continue reading →
Posted in News on January 22, 2021News Briefs for January 22, 2021
•The Wine Spectator Scholarship Foundation has donated $100,000 to the Glancy Wine Education Foundation as part of its campaign to support diversity in the wine industry. Continue reading →
Posted in News on January 22, 2021Craft Brewing and Distilling News for January 22, 2021
Oskar Blues has unveiled Oskar Lager, a 4.2% abv brew made with Pilsner malt, toasted rice, and Czech Saaz hops. Continue reading →
Posted in News on January 22, 2021Forecasting 2021: WSWA Outlines Multiple Scenarios For The Recovery
With a tumultuous 2020 now in the rearview mirror, the U.S. drinks industry is hedging its bets on how 2021 will unfold, given various unknowns like the rapidity of the vaccine rollout and ability to widely reopen the on-premise. Continue reading →
Posted in News on January 21, 2021
