News Briefs for May 7, 2021May 7, 2021
•Bombay Sapphire is launching Bombay Bramble, a new gin featuring berry flavors. It’s the brand’s first new release since Bombay Sapphire East in 2011. Bombay Bramble features real fruit infusion and is a crimson red color, with the flavor of blackberries and raspberries without concentrates, additional sugars, or additives. It’s at 43% abv and comes out this month, with wide availability by June, retailing for $23 a 750-ml. Part of the Bacardi portfolio, Bombay was up 10.3% to 1.28 million cases in the U.S. last year, according to Impact Databank.
•For its fiscal first quarter ended March 31, MGP Ingredients reported a 9.3% boost in consolidated net sales to $108.3 million, with the Distillery Products segment driving much of the growth. Consolidated operating income leapt nearly 50% to $20.5 million, including the assets acquired when MGP purchased Luxco early this year. Within the Distillery Products segment, the company pointed to premium beverage alcohol as the strongest source of growth. “Sales of premium beverage alcohol increased 31.1%, while brown goods sales grew 49.3% from last year, primarily due to higher aged whiskey and new distillate sales,” said president and CEO David Colo. Overall, Distillery Products sales were up 11.5% to $89.2 million.
•Dallas, Texas-based Lone River Beverage Company has announced a major expansion for Ranch Water hard seltzer, launching immediately in nine new markets, with 12 more to follow. The company’s four-flavor portfolio is now available in Arizona, Alabama, Colorado, Kansas, Montana, New Mexico, Nevada, Oklahoma, and the Florida panhandle, in addition to Tennessee and Texas. In June, the brand will make another push into the South and Midwest, adding another 12 states to its footprint. Additionally, the company has debuted a new variety 12-pack, retailing for around $18, and new 19.2-ounce cans for $3.
•Beau Joie Champagne has launched a new limited edition zero-dosage bottling. Retailing at $80, the new entry is packaged in a gold bottle, a nod to the brand’s status as the official Champagne of the NHL’s Vegas Golden Knights. Beau Joie recently reupped that partnership and will remain the Knights’ official Champagne through the 2022 NHL season.
•Josh Cellars is making a $30,000 donation to Children’s Hospital & Medical Center (CH&MC) in Omaha, Nebraska as part of the #JoshFight charitable fundraiser, an online drive that raised $14,400 for the CH&MC foundation to provide medical care to children in the Cornhusker State. To date, Deutsch Family Wine & Spirits has donated $788,000 on behalf of Josh Cellars to benefit the National Volunteer Fire Council, Operation Gratitude, and the Restaurant Workers’ Community Foundation, among others.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.