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

News Briefs for June 16, 2020

June 16, 2020

•Monterey County, California-based Scheid Family Wines is taking aim a the “better for you” wine segment with the launch of Sunny With a Chance of Flowers, a low-calorie, low-alcohol wine brand with zero residual sugar. Retailing at $17 a 750-ml., the new entry is at 9% abv and has 85 calories per 5-ounce serving, roughly 30% less than an average glass of wine. Sourced from the Scheid family’s Monterey vineyards, Sunny With a Chance of Flowers includes Sauvignon Blanc, Chardonnay, and Pinot Noir varietals and is rolling out widely. Executive vice president Heidi Scheid said the new brand fills a gap in the marketplace as the consumer market for health and wellness oriented products continues to expand.

•Moët Hennessy USA has announced the latest release in Glenmorangie’s Bond House No. 1 collection: Grand Vintage Malt 1996. The 43% abv whisky was matured in American oak casks—air dried and seasoned with Bourbon—for 23 years before bottling. This whisky aged entirely in the company’s specially designed casks. Glenmorangie Grand Vintage Malt 1996 is rolling out now to specialty whisky shops across the U.S. for a suggested price of $825 a 750-ml.

•Southern Glazer’s has named Carlos Ferrandiz executive vice president and general manager of Coastal Pacific Wine & Spirits of New York. The move follows the recent announcement that Diageo North America will move to Southern Glazer’s in New York effective in September, resulting in the creation of a new Coastal Pacific Wine & Spirits selling division in New York dedicated to the Diageo portfolio. Ferrandiz will report to Gerry Rivero, executive vice president and managing director of Coastal Pacific. He comes to Coastal Pacific from Empire Merchants North, where he was vice president of sales and marketing.

•San Francisco-based Hotaling & Co. has launched Junipero Gin in new, completely redesigned packaging. The new look was designed by Stranger & Stranger and features the brand’s name in handwritten script on a blue bottle the shade of a juniper berry. The spirit inside, however, remains the same. The redesigned Junipero will be available exclusively in California in 2020 but will expand to Florida, Georgia, Illinois, Massachusetts, New Jersey, New York, and Texas in 2021.

•Delicato Family Wines has named Irwin Petznek as vice president, international. He replaces David DeBoer, who is retiring after a 41-year career in the business, and a full two decades with Delicato. Petznek was previously vice president, Americas, for Constellation Brands, where he managed teams across Canada, the Caribbean, Mexico, Central and South America.

•Rémy Cointreau has entered into exclusive negotiations with the Lhopital family to acquire a majority stake in Champagne de Telmont. The prospective deal, for which no financials have been disclosed, is expected to close by the end of this year. It would include the brands, stocks, production resources and real estate assets of the domain, as well as vineyards in Champagne. Rémy says the high-end brand “offers significant growth potential over time, especially on the international market.” Fourth-generation family co-owner Bertrand Lhopital is expected to stay on post-acquisition to preserve the continuity of Telmont’s style and traditions.

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

Tagged : , , , , ,

Get your first look at 2019 data and 2020 projections for the wine and spirits industries. Order your 2020 Impact Databank Reports. Click here.

Previous :  Next :