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

News Briefs for May 29, 2018

May 29, 2018

•Moët & Chandon has announced a limited-edition bottling of its Grand Vintage Collection 1998 in partnership with tennis legend Roger Federer. The wine is limited to 20 1.5-liter bottles, each wrapped in a black leather band—like a tennis grip—embossed with Federer’s signature and the words “Greatness since 1998.” Under the wrap, the label is hand-signed by Federer. Each bottle will sell for €20,000 (around $23,300) exclusively by special order through Moët Hennessy’s boutique and its Clos19 online platform, beginning July 1. Moët & Chandon will donate 100% of the profits from the release to the Roger Federer Foundation, which works to improve access and quality of education for underprivileged children in Southern Africa and Switzerland. Moët & Chandon was up 5% to 434,000 cases in the U.S. last year, according to Impact Databank.

•New Jersey-based importer Worldwide Libations has added to its portfolio with the Tiki Lovers rum brand. Worldwide Libations will import three expressions from Tiki Lovers, all retailing at $30 a 750-ml.: a white rum at 100 proof, a Dark rum at 114 proof, and a Pineapple rum at 90 proof. Tiki Lovers, which sources its rums from various distilleries throughout the Caribbean, was founded by mixologists Stephan Berg and Alexander Hauck, who are also the creators of The Bitter Truth brand of bitters and spirits. Worldwide Libations’ portfolio also includes the Black Tower, Carl Reh, Bonneau, and Valparaiso wine brands, among other offerings.

•Côtes du Provence rosé brand Out East is rolling out to the New York market this month, distributed by MHW Ltd. Retailing at $25 a 750-ml., Out East is a blend of 60% Grenache and 40% Cinsault sourced from Monfort-sur-Argens in Provence. The brand is launching across both on- and off-premise locations and has an initial production of 18,000 bottles.

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