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

News Briefs for March 10, 2021

March 10, 2021

•In case you missed yesterday’s news alert, Treasury Wine Estates has licensed 4.2 million cases of annual commercial brand volume in the U.S. to The Wine Group, effective immediately. Terms of the long-term deal weren’t disclosed. Here’s the full story.

•Shelbyville, Tennessee’s Uncle Nearest Premium whiskey is angling for another year of rapid growth, with volume on track to hit 250,000 cases by the end of 2021. Since its 2017 debut, the brand and its three whiskies—Small Batch ($50), Single Barrel ($120), and 1856 ($60)—have reached national distribution and received critical acclaim (including 95-point scores from Whisky Advocate for two of its single barrel releases). Last year, volume totaled 120,000 cases, but could have been higher if not for supply issues. This month, Uncle Nearest increased its shipping and bottling capabilities at its Nearest Green Distillery in Shelbyville to bolster its output.

•Boston-based Latitude Beverage has launched Tequila Zarpado, the first agave spirit in the company’s portfolio. The release was distilled at Cavas de Don Max from 100% blue agave and will initially be available as a Blanco expression. The 40% abv Tequila will retail for around $25 a 750-ml. and will be available in Colorado, Connecticut, Delaware, Illinois, Maryland, Massachusetts, Minnesota, New Jersey, New York, and Rhode Island. Zarpado joins 90+ Cellars, Wheel Horse whiskey, and Mija Sangria, among other brands, in Latitude’s portfolio.

•Steven Spurrier, the British wine expert, writer, educator, merchant and even vintner who was famous for having staged the 1976 Judgment of Paris, died at his home in Dorset, England, just after midnight yesterday morning. He was 79. Wine Spectator takes a look at Spurrier’s life and career.

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 :