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

News Briefs for November 27, 2017

November 27, 2017

•Frederick Wildman & Sons is adding O.P. Anderson Aquavit to its spirits portfolio, effective early next year. O.P. Anderson is a Swedish aquavit infused with caraway, aniseed and fennel, matured in oak barrels for eight months. It’s owned by Finland-based drinks group Altia. The brand will retail at $39.99 a 1-liter bottle. Wildman’s spirits portfolio also includes Chartreuse, Edinburgh gin, and The Feathery, Pig’s Nose and Sheep Dip Scotch whiskies.

•Cognac shipments increased 11.5% worldwide in the 12-month period ending in October to 195.7 million bottles, according to the Bureau National Interprofessionnel du Cognac (BNIC). Global turnover was even more impressive over the past year, surging 16.4% to €3.14 billion ($3.7b), according to the BNIC. Cognac consumption is poised to achieve its fourth consecutive double-digit increase this year in the United States, surpassing 6 million cases for the first time, according to Impact Databank. The U.S. is by far the world’s largest market for Cognac and is led by Hennessy, which is expected to surpass 4 million cases in the U.S. for the first time by year-end.

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