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

News Briefs for October 9, 2015

October 9, 2015

•Beam Suntory is rolling out a new edition of its Laphroaig Cairdeas single malt. Laphroaig Cairdeas 2015 was made by master distiller John Campbell to commemorate the distillery’s 200th anniversary, with its style designed to mirror the whiskies produced by Laphroaig when it first opened in the early 1800s. The new special edition of Cairdeas is 51.5% abv and available nationwide, retailing at $75 a 750-ml. bottle. Beam Suntory is also on the hunt for a new chief marketing officer, as incumbent Kevin George is departing for sales and marketing agency Acosta, specializing in consumer packaged goods. Ad Age reports that George will become CMO and president of the Acosta Marketing Group. George joined Beam in 2009. Beam Suntory said it would start conducting a search for a successor.

Pabst Brewing Company is preparing to debut “a classic post-Prohibition American ale,” Old Tankard, using a 1937 recipe from the company’s archives. Old Tankard Ale is being brewed for Pabst by Wisconsin Brewing Company, with the 5.8% abv beer to be distributed on draft in Wisconsin, Illinois, Indiana, Minnesota and Michigan initially, before rolling out to additional states in the future.

•Virginia-based importer and marketer Flavor Seekers has added the portfolio of Wine Trends Marketing—including Yao Family Wines, Lawer Family Wines, Cinnabar Winery, House of Cards and Calina Winery—to its roster. Flavor Seekers was founded in 2012 by former Click Wine Group partner Mark Clinard, and also handles Kangarilla Road wines from Australia and a host of offerings from Portugal.

•Restaurant chain Ruby Tuesday reported a net loss of $4.2 million in its first quarter (ended September 1), as a 0.6% decline in revenue was exacerbated by increased maintenance, supply and repair costs. However, same-store sales rose 0.6% at the Maryville, Tennessee-based chain’s company-owned restaurants during the three-month period. Same-store sales have been up across the restaurant sector in recent months, according to market research firm TDn2K, which recently reported that restaurants enjoyed their fifth consecutive quarter of positive sales growth in the three months ended September 30, with overall same-store sales up 1.5%.

 

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