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

News Briefs for April 25, 2012

April 25, 2012

•Lake County, California wine producer Shannon Ridge has acquired nearby 80-acre High Valley Vineyard for an undisclosed sum. Owner Clay Shannon says he will rename the property Betsy’s Vineyard in honor of his mother and introduce its wines—focused on super-premium Cabernet Sauvignon and Sauvignon Blanc—into national distribution. Shannon Ridge produces a host of both Lake County and single-vineyard varietal wines priced from $10 to $25 a bottle.

•Following up on a successful Asia-Pacific wine exhibition in 2010 in Hong Kong, Vinexpo is gearing up for another Asia show, to be held in Hong Kong this May 29-31. The upcoming event will host 1,038 exhibitors from 28 countries—up from 882 exhibitors in 2010—along with an expected 14,000 wine and spirits buyers from across Asia’s burgeoning drinks market. Known for its trademark event in Bordeaux (the 17th installment of which will be held June 16-20, 2013), Vinexpo is also getting ready for its first consumer showcase, Rendez-vous by Vinexpo, to be held in New York this coming November 16-18 in partnership with M. Shanken Communications and Chocolate Show New York.

•New Jersey-based importer and marketer Vision Wine & Spirits has added two new blended malt Scotch whiskies to its portfolio—Storm and Highland Reserve 12-year-old. Storm is a proprietary blend of single malts from distilleries on the coasts of Scotland, priced at $29.99 a 750-ml. The Highland Reserve 12-year-old, a blend of Highland distillery single malts aged in oak casks, retails for $39.99 a 750-ml. Vision Wine & Spirits represents more than 25 wine and spirits brands, including recently added John B. Stetson Kentucky Straight Bourbon whiskey.

MillerCoors has launched a new punch-top can for Miller Lite. It features a small second tab on the top of the can, easily opened with a variety of household objects, that “increases airflow, reducing glug and resulting in an improved, smoother pour,” according to the company. The new cans hit retail stores nationwide this week and will be the standard for all Miller Lite and Miller Genuine Draft 12-ounce and 16-ounce cans. Seeking to overcome a stagnant mainstream beer market, MillerCoors has recently launched revamps for several of its brands, including a relaunch of its MGD64 low-calorie beer brand last month as Miller64, accompanied by new cans with an updated logo.

•Fox Restaurant Concepts is opening an indoor/outdoor dining venue in a former automotive dealership in Phoenix, Arizona, late this fall. The company’s casual gastropub Culinary Dropout will debut its second Arizona unit in the space, along with a yet-to-be-named fish house and oyster bar, a local coffee shop and two retail spaces operated by local businesses. The development will also include a recreation lawn for outside dining and activities like bocce ball, and for live music performances. Scottsdale, Arizona-based Fox Restaurant Concepts owns and operates 12 restaurant concepts, with 31 units throughout Arizona, California, Colorado, Kansas and Texas.

 

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