News Briefs for April 1, 2016April 1, 2016
•German spirits producer Berentzen has extended its fruit liqueur range with a new Peach entry. Made with 100% single-grain wheat and natural juice and fruit, Berentzen Peach liqueur retails at $19.99 a 750-ml. and joins existing Apple, Pear and Wild Cherry offerings in the brand’s fruit liqueur lineup. The Berentzen portfolio is handled in the U.S. by New Jersey-based Vision Wine & Spirits.
•Loire Valley wines made solid gains in the U.S. market last year, with shipment volume up 12% to 1 million cases and value leaping nearly 20%, according to the French region’s wine bureau. Top white wine appellations Muscadet, Sancerre and Touraine led the way, all posting double-digit advances in both volume and value. Crémant-de-Loire sparkling wines, meanwhile surged 66% by volume, while Chinon reds increased 11% and Rosé d’Anjou benefited from the boom in rosé, jumping 33%.
•Los Angeles-based Soh Spirits has introduced a new Japanese whisky brand, Kikori, in California, Nevada, Arizona and Hawaii, distributed by Southern Wine & Spirits. The 41%-abv offering, which retails at $50 a 750-ml., is distilled from rice and matured in a combination of American, French and Sherry oak for 3-10 years. Billed as a lighter style than most Japanese whiskies, Kikori is slated to expand to more markets over the course of this year.
•Molson Coors has appointed Mauricio Restrepo as its new chief financial officer, effective May 2. Restrepo was previously CFO at Beam Suntory, but before that worked as a finance executive at SABMiller. He replaces interim CFO David Heed, who will return to his post as CFO of Molson Coors Europe.
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