News Briefs for October 26, 2016October 26, 2016
•Hennessy is releasing the first in a series of “single-batch, bespoke” Cognacs with the launch of Master Blender’s Selection No. 1. A blend of eaux-de-vie selected by Hennessy master blender Yann Fillioux and aged in both young and old French oak casks, Hennessy Master Blender’s Selection No. 1 is debuting exclusively in the U.S., retailing at $80 a 750-ml. and $45 a 375-ml.
•Burgundy wine exports to the U.S. market grew by about 4% in both volume and value terms in the year-to-date through August, according to the Bureau Interprofessionnel des Vins de Bourgogne (BIVB). Burgundy’s shipment value to the U.S. reached €106 million ($115m) for the period, while volume rose to about 770,000 nine-liter cases. Among the areas showing healthy growth are Chablis, village AOCs of the Mâconnais and village and premier cru reds from the Côte de Beaune, Côte de Nuits and Côte Chalonnaise. The U.S. now accounts for nearly one-quarter of Burgundy’s export revenue and one-fifth of its export volume.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.