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News Briefs for May 23, 2018

May 23, 2018

•Bordeaux’s 2017 en primeur campaign continues to churn forward, gaining some momentum this week with the release of Château Lynch-Bages. The château is a familiar name to American consumers, many of whom are likely to be cheered by the release at EU75 ex-négoce, which translates to a U.S. retail offering of about $107, or $1,284 a case. That’s down 18% from the 2016’s release price and well below the 2015’s current average retail price of $142 at leading U.S. retailers. Wine Spectator has more on the ongoing 2017 Bordeaux futures campaign.

•In June, Islay single malt Port Askaig is set to launch two new expressions in the U.S. Port Askaig 8-year-old, a permanent addition to the brand portfolio, is a 45.8%-abv Scotch aged in refill American oak barrels and will retail for a suggested price of $65. The company is also set to release a 14-year-old Bourbon Cask matured whisky, which is bottled at 45.8%-abv and will retail for $100. Pork Askaig 14-year-old is a limited release and only 420 bottles will be available for the U.S. market. The whiskies are currently available in 17 states through importer ImpEx Beverage’s distributor partners.

•Rutherford, California-based Round Pond Estate has partnered with Young’s Market Co. in the Alaska, Oregon, and Washington markets. Round Pond Estate produces boutique wines, primarily Cabernet Sauvignon and Sauvignon Blanc, from its 366 acres of vineyards in Napa’s Rutherford appellation. The wines are available in limited quantities nationwide. Young’s also handles Round Pond Estate’s wines in Arizona and Wyoming.

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