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

News Briefs for July 20, 2018

July 20, 2018

•As California vintners continue to commit to environmentally ethical practices—and consumers reward them for eco-consciousness—wineries have been aggressively pursuing sustainability initiatives. On the vanguard is Silver Oak Cellars, which achieved another sustainability milestone July 9, when the company earned LEED Platinum certification for its new Alexander Valley facility, the first commercial winery in the world to attain the green-building program’s highest level of recognition in the category of “new construction.” Wine Spectator has the full story.

•Rémy Cointreau has reported an organic sales increase of 5.9% to €241.5 million ($282.8m) for its first quarter, ended June 30. Its flagship Rémy Martin Cognac brand, which rose 11.1% on an organic basis, drove much of the group’s progress, bolstered by favorable trends across China and the travel retail channel. Rémy Cointreau’s Liqueurs and Spirits unit—which includes the Cointreau liqueur, Mount Gay rum, and Metaxa and St-Rémy brandy labels, among other brands—also carved out modest growth, with organic sales up 2.8% over the three months.

•Stoli Group has launched Se Busca, a super-premium mezcal brand. The new label includes three expressions—Joven ($40 a 750-ml.), Reposado ($45), and Añejo ($50)—all made with 100% Espadin agave. The Reposado is aged for 10 months in French oak barrels prior to bottling, while the Añejo is aged for two years, also in French oak. Se Busca mezcal is currently rolling out nationwide, and joins such brands as Stolichnaya vodka, Bayou rum, Kentucky Owl Bourbon, Loch Lomond Scotch whiskies, and Cenote Tequila in the Stoli Group portfolio.

•Oregon-based Archery Summit, part of the Crimson Wine Group portfolio, is introducing two new upscale wines, a Dundee Hills Pinot Noir ($65) and an Eola-Amity Hills Chardonnay ($45). Both new offerings are rolling out in a fresh packaging design which is being implemented across the Archery Summit portfolio. Archery Summit’s new wines will be available at select retailers and restaurants nationwide. Crimson Wine Group’s portfolio also includes the Pine Ridge, Seghesio, Chamisal, Double Canyon, Seven Hills, and Malene brands.

•Maison Ferrand’s Plantation Rum has released The Collector, a new limited edition offering. Made with a blend of aged rums sourced from Jamaica’s Long Pond Distillery, Plantation’s The Collector was matured in Bourbon casks in Jamaica for 17 years, before being finished in Ferrand Cognac casks in France for more than a year. The expression, which is limited to just under 1,000 bottles, will be available across the U.S. and Europe. The Plantation brand sold around 60,000 cases on roughly 70% growth in the U.S. last year.

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