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

News Briefs for April 12, 2019

April 12, 2019

•Spanish winemaker González Byass has acquired O. Fournier, a winery in the Ribera del Duero region, for an undisclosed sum. The Fournier estate encompasses nearly 200 acres of land, 123 of which are planted, primarily to Tempranillo. With the purchase of Fournier, González Byass is now present in 10 Spanish denominations of origin. The company’s Spanish portfolio also includes Bodegas Beronia (Rioja and Rueda), Cavas Vilarnau (Barcelona), Finca Constancia (Vino de la Tierra de Castilla), Finca Moncloa (Vino de la Tierra de Cádiz), Viñas del Vero (Somontano), Pazo de Lusco (Rías Baixas), and Tio Pepe (Jerez).

•California’s winegrape crush totaled 4.28 million tons last year, an increase of 6.6% from the previous year, according to the USDA’s National Agricultural Statistics Service. Red winegrapes showed the strongest growth, rising 8.8% to 2.45 million tons, while whites were up 3.8% to 1.83 million tons. Overall, the average price per ton grew 6.9% to $855.36 last year, with reds up 5.5% to $1,019 and whites increasing 8% to $635. By variety, Chardonnay’s price per ton rose 5% to $971, while Cabernet Sauvignon increased 8.3% to $1,683, Zinfandel advanced by 1.5% to $600, and Pinot Noir fell 0.9% to $1,675.

•Flor de Caña rum, imported by William Grant & Sons, has partnered with the San Francisco Giants to become the team’s official rum brand. The multi-year deal will see Flor de Caña gain exposure with the 3.3 million fans who visit the Giants’ Oracle Park each season. Under the agreement, the Nicaraguan rum label will have a presence throughout the stadium, including in all luxury suites and clubs, as well as on the team’s social media channels. According to Impact Databank, Flor de Caña grew 5% to 144,000 cases in the U.S. last year.

•Prestige Beverage Group will launch Kinky Ruby, the latest extension to the company’s line of fruit-flavored liqueurs, on May 1. The 17% abv liqueur blends grapefruit, kiwi, and elderflower flavors with vodka. This release marks the fifth extension to the standard Kinky liqueur lineup, following last year’s Aloha offering. Kinky Ruby will be available across the U.S. for a suggested price of $20 a 750-ml.

•Pernod Ricard’s Monkey 47 Gin will open The Wild Monkey, a pop-up shop in New York City’s SoHo neighborhood, on April 26. The three-day initiative will visually tell the story of the imported German brand, prominently featuring the botanicals used in its recipe. The pop-up will not sell Monkey 47 drinks but will offer lattes, mocktails, pretzels, and leather and canvas products. Monkey 47 is priced firmly at the high end, with a 1-liter bottle retailing at $85 and a 375-ml. format retailing at $42.

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