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

News Briefs for May 29, 2020

May 29, 2020

•Beam Suntory has updated the Jim Beam Augmented Reality App, now allowing users to share messages with friends and family that will play when a user scans the rosette on a bottle of Jim Beam White. For every custom message sent, Beam Suntory will donate $5 to the Restaurant Workers’ Community Foundation Relief Fund, up to $50,000.

•Hennessy has announced a $3 million Covid-19 relief fund aimed at businesses owned by people of color who are largely unable to secure loans through the government’s paycheck protection program. The funds will be dispersed at the community level through partnerships with One Hundred Black Men, the Asian American Business Development Council, and the Hispanic Federation. Applications for the fund will open in June at www.hennessy.com/en-us/unfinished-business. As a part of the overall relief effort, Hennessy will donate $750,000 to marginalized hospitality workers across the U.S.

•Imagine if you ordered nearly 1,000 bottles of wine and they all arrived cooked. That’s the situation Zachys, the wine retailer and auction house, found itself in a year ago, according to a lawsuit filed last week by its insurance company. Federal Insurance Co., a subsidiary of Chubb Limited, filed a complaint in federal court last week suing U.K.–based logistics provider Connoisseur International Distribution Ltd. and Scandinavian Airlines System (SAS) for negligence. Federal alleges that a transatlantic wine shipment of 995 bottles from Stockholm to New York went wrong last year, and the wine arrived cooked. The insurer is suing for nearly $397,177, or about $400 per bottle. Wine Spectator has the full story.

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