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

Daily Archive: March 30, 2012

Exclusive: Banfi Signs Letter Of Intent To Buy Kenwood Vineyards

In an exclusive interview with Shanken News Daily, F. Korbel & Bros. president and owner Gary Heck and Banfi Vintners chief operating officer Marc Goodrich confirmed that Banfi has signed a letter of intent to acquire Sonoma’s Kenwood Vineyards from Korbel. Continue reading →

Posted in News on March 30, 2012

Craft Beer Pioneer Expects Enhanced Presence Of Big Brewers In Category

Founded nearly 25 years ago, the Brooklyn Brewery has emerged as one of the leaders among craft brewers, with sales volume of 140,000 barrels last year and sales revenue of $35 million. Operating out of a recently expanded brewery in the vibrant Williamsburg section of the borough, the brewer—which distributes its beer in the eastern half of the country as well as several markets overseas—is best known for Brooklyn Lager, believed to be among the top three draft beers in New York City. (Additional volume is produced under contract in upstate New York.) Shanken News Daily spoke recently with co-founder Steve Hindy about the company’s successes and challenges. Continue reading →

Posted in News on March 30, 2012

Impact Seminar Snapshot: Michael Binstein On “The Whisk(e)y Renaissance in America”

In 2002, Chicago-based retailer Binny’s Beverage Depot went all-in on the whisk(e)y business, building an inventory of specialty whisk(e)y now valued at about $6 million, which exceeds its position in Bordeaux futures. Continue reading →

Posted in News on March 30, 2012

News Briefs for March 30, 2012

•Tastingroom.com, a website specializing in delivery of luxury wine samples, has added four new labels to its wines by-the-glass program, which debuted exclusively with Napa’s Silver Oak winery on March 1. Continue reading →

Posted in News on March 30, 2012