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News Briefs for June 20, 2011

June 20, 2011

• Southern California-based Spectrum Wine Auctions is set to hold its largest sale ever on June 25 and 26 in Hong Kong. The auction will feature 2,300 lots of rare wines, including 152 lots of Chateau Lafite Rothschild ($22,500), six magnums of Chateau Latour 1961 ($40,000) and five bottles of Henri Jayer Richebourg 1978 ($55,000), among others. Collectively, the auction’s lots are worth an estimated $7 million. Concurrent with the live Hong Kong auction, Spectrum will also be holding its Summer 2011 Internet Auction—featuring 2,230 lots worth roughly $750,000—through June 30.

• Rémy Cointreau has reorganized its global travel retail team, promoting Matthew Hodges to global marketing and business development director, based in Singapore. Prior to Hodges’s appointment, marketing manager Laurent Cosson had held the director role temporarily for the last two years. Former Guinness sales exec Simon Roffe, meanwhile, has taken on Hodges’s former role as travel retail director for the EMEA region, based in Paris. Both Hodges and Roffe will report directly to Rémy travel retail managing director Peter Sant. Roffe will begin his new role immediately, while Hodges’s position is effective August 1.

• Bacardi USA is relaunching Hatuey Cuban Style Ale with a newly crafted, smaller batch version made in the U.S. Entering the South Florida on-premise (through distributor Eagle Brands Sales) this summer, the reformulated Hatuey is being produced using micro-brew techniques yielding less than 800 cases per batch. First produced in Cuba in 1929, the original Hatuey rose to become Cuba’s leading beer brand by the late 1950s, reaching 12 million cases in 1959, according to Bacardi.

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