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

News Briefs for July 3, 2019

July 3, 2019

•Moët Hennessy USA is relocating its headquarters, signing a 15-year, 82,000-square-foot lease for floors 35 and 36 of 7 World Trade Center in downtown Manhattan. The 52-story tower was completed in 2006 and features art installations by Jeff Koons, among others. Moët Hennessy USA was previously headquartered farther north in Chelsea. The company employs over 400 people in North America.

•Lacassine, Louisiana-based Bayou Rum has unveiled an $8 million distillery expansion that added a barrel library and event center. The barrel library affords more space to store thousands of barrels and will host VIP tasting sessions, while the event space has a stage and dance floor and capacity for 600 guests. Bayou, part of the Stoli Group portfolio, produces an array of rums using single-estate sugarcane including Bayou White, Bayou Spiced, and Bayou XO Mardi Gras.

•Beverage alcohol delivery provider Drizly has announced an expansion to its existing San Antonio network in partnership with local retailer Gabriel’s Liquor. Moving forward, Drizly will offer delivery at an additional 28 Gabriel’s locations—including Gabriel’s, Don’s & Ben’s, and Riverwalk—bringing its service to nearly 40 retailer locations in the area. Drizly is minority-owned by the Wine & Spirits Wholesalers of America and present in more than 100 cities across the U.S.

•Moët Hennessy has launched the fourth release in the Glenmorangie Bond House No.-1 Vintage collection. The Highland whisky was distilled in 1991, matured for 26 years, and bottled at 43% abv. It was created by blending two parcels of whisky aged in ex-Bourbon barrels before dividing and finishing in three cask types: ex-Oloroso Sherry, ex-Burgundy, and a small portion finished in new toasted oak. Glenmorangie Grand Vintage Malt 1991 is now available in limited quantities across the U.S. for a suggested price of $750 a 750-ml. Last year, Glenmorangie was up 2.5% to 118,000 cases in the U.S., according to Impact Databank.

•Crimson Wine Group has named Nicolas Quillé as interim CEO. He succeeds Patrick DeLong, who has held the CEO role at Crimson since 2014. In addition to leading the company on an interim basis, Quillé will continue to serve as chief winemaking and operations officer. Prior to joining Crimson last year, Quillé was general manager and head winemaker of Banfi’s Pacific Northwest portfolio. Crimson’s brand stable includes Pine Ridge, Seghesio, Chamisal, and Malene Wines in California, Archery Summit in Oregon, and Double Canyon and Seven Hills in Washington.

Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.

Tagged : , , , , ,

Get your first look at 2020 data and 2021 projections for the wine and spirits industries. Order your 2021 Impact Databank Reports. Click here.

Previous :  Next :