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

News Briefs for October 17, 2019

October 17, 2019

•Spanish wine company Alma Carraovejas has acquired two Ribeiro wineries, Emilio Rojo and Viña Meín. Company executives say they hope the two small-production wine estates will further Alma Carraovejas’ mission to highlight vineyards with unrealized potential. The sale prices were not disclosed. The acquisitions bring Alma Carraovejas’ combined total vineyard land to nearly 500 acres. Wine Spectator has more.

•Woodford Reserve has unveiled Chocolate Malted Rye, a new offering under its Master’s Collection. Retailing at $130 a 750-ml., the newcomer is at 90.4 proof and has a mashbill of 70% corn, 15% chocolate malted rye, and 15% distillers malt. The company says the new whiskey showcases a flavor technique in which rye grain is toasted long enough that it begins to taste like chocolate. Brown-Forman-owned Woodford Reserve releases two Master’s Collection bottlings a year, one in the spring and one in the fall. The brand rose 22% to 651,000 cases in the U.S. last year.

•Beam Suntory is expanding its El Tesoro brand of Tequila, adding a new extra Añejo to the portfolio. The Tequila has aged for four to five years in ex-Bourbon barrels before bottling at 40% abv. This is a new permanent addition to the El Tesoro portfolio. El Tesoro Extra Añejo will retail for around $100 a 750-ml. and is rolling out now in markets across the U.S.

•Baileys Irish Cream Liqueur is launching a limited-edition red velvet cake expression. Baileys Red Velvet was created in collaboration with Washington, D.C.-based Georgetown Cupcake, whose red velvet cupcakes are its best seller. As part of the partnership, Georgetown Cupcake will serve non-alcoholic Baileys Red Velvet cupcakes at all their locations throughout November and December. The 17% abv liqueur is now available nationwide for $24 a 750-ml., while supplies last. Baileys was up 4.2% to 1.4 million cases last year, according to Impact Databank.

•Pilot Point, Texas-based Western Son Vodka has partnered with Epic Wine & Spirits to expand into the California market. This new partnership follows the completion of Western Son’s $3 million expansion that bolstered production capacity and redeveloped the company’s tasting room and tourism facility. Western Son’s portfolio contains nine vodka expressions—one unflavored and eight flavored—along with a Bourbon and two gins, plus a line of canned cocktails. Last year, Western Son was up 70.3% to 172,000 cases, according to Impact Databank.

•Luxco’s El Mayor Tequila has launched a Cristalino, the newest expansion to the 100% blue agave brand. The Tequila aged for 12 months before filtering through fine charcoal to create a final spirit that balances the flavors of an aged and Blanco Tequila, according to the company. El Mayor Cristalino is now available across the U.S. for $40 a 750-ml. Last year, El Mayor depleted 35,000 cases, up 7.6%, according to Impact Databank.

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