Daily Archive: February 12, 2018
Interview: Wente Family Estates Aims For Rebound After 2017 Price Hikes
After years of solid progress, Livermore, California-based Wente Family Estates hiked prices by about 4% last year across its portfolio, and as a result saw total depletions slip by around 10% to 740,000 cases, excluding its private label business. Now, the company is looking to hold the line on pricing, debut new innovations and position the portfolio for long-term growth. SND associate editor Shane English recently spoke with CEO Carolyn Wente to discuss the winery’s plans for the year ahead. Continue reading →
Posted in News on February 12, 2018Scotch Whisky Exports Reach New Record High, As U.S. Shipments Rise By 8%
Driven by strong growth in the U.S.—its largest export market by value—Scotch whisky export shipments reached a new record high of £4.36 billion ($6b) in 2017 on an increase of 9%, according to the Scotch Whisky Association. Continue reading →
Posted in News on February 12, 2018Italy, France, Spain Drive Imported Table Wine To 100 Million Cases
After three lackluster years, imported table wine shipments to the U.S. passed the 100-million-case mark in 2017, posting a solid 6% gain, according to recently released data from the U.S. Department of Commerce. Continue reading →
Posted in News on February 12, 2018News Briefs for February 12, 2018
•Palm Bay International has added Australia’s McGuigan Wines to its import portfolio. Continue reading →
Posted in News on February 12, 2018