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

News Briefs for June 19, 2019

June 19, 2019

•The staid world of whisky auctions rarely sees a shakeup more dramatic than a record-setting price, but a recent sale at Bonhams in Edinburgh may indicate that major changes are underway. More than 350 bottles of whisky valued in excess of $300,000 went unsold in the auction held on June 5. The unwanted bottles represented nearly 40% of the lots. Few auctions ever sell a full 100% of the lots on offer, but failing to sell more than one-third is an embarrassment that demands further scrutiny. In this case, there was not one single factor at play; rather multiple considerations led to the day’s weak showing. Whisky Advocate has the full story.

•Vintage Wine Estates has launched Gaze Wine Cocktails, a new ready-to-drink brand packaged in aluminum bottles with twist-off tops. The 4.5% abv drinks come in two flavors: Coconut Water Moscato Chardonnay and Blueberry Pomegranate Moscato, and contain 70 and 80 calories per 5-ounce serving, respectively. Vintage Wine Estates is currently rolling the brand out at launch events across the U.S. The brand will be available nationwide beginning in August for a suggested price of $6 per 375-ml. bottle.

•Canvasback, part of the Duckhorn portfolio, has opened a new tasting room in Walla Walla, Washington. Open seven days a week from 10 a.m. until 4 p.m. for both by-appointment and drop-in guests, the facility will showcase Canvasback’s Red Mountain Cabernet Sauvignon and high-end Grand Passage Red Mountain Cabernet Sauvignon. Looking ahead, the winery also plans to unveil an expanded lineup including a Columbia Valley Riesling, a Walla Walla Valley Syrah and Cabernet Sauvignon, and a single-vineyard Cabernet Sauvignon from the Ciel du Cheval Vineyard on Red Mountain.

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