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

Daily Archive: January 22, 2021

Premiumization Drives Gains For Retailers, As Demand Exceeds Supply Of Key Labels

An intense focus on high-end spirits ignited by the onset of Covid-19 last March rocketed throughout the holiday season, key retailers report. Tequila led the charge with supply struggling to keep pace with lightning-quick demand. Continue reading →

Posted in News on January 22, 2021

Rémy Cointreau Sees Strong Third-Quarter Rebound, Driven By The U.S.

Rémy Cointreau’s sales rebounded strongly in its fiscal third quarter through December, rising 25% on an organic basis. Through the first three quarters of the company’s fiscal year, sales were down 1.6% organically to €780.9 million ($950m). Continue reading →

Posted in News on January 22, 2021

Wine Spectator: Bordeaux’s Château du Tertre Sold

The Albada Jelgersma family is slimming down their winery portfolio, selling Bordeaux fifth-growth Château du Tertre in Margaux to an undisclosed French institutional investor. Continue reading →

Posted in News on January 22, 2021

News Briefs for January 22, 2021

•The Wine Spectator Scholarship Foundation has donated $100,000 to the Glancy Wine Education Foundation as part of its campaign to support diversity in the wine industry. Continue reading →

Posted in News on January 22, 2021

Craft Brewing and Distilling News for January 22, 2021

Oskar Blues has unveiled Oskar Lager, a 4.2% abv brew made with Pilsner malt, toasted rice, and Czech Saaz hops. Continue reading →

Posted in News on January 22, 2021