News Briefs for November 2, 2022November 2, 2022
•Luxardo, imported by Hotaling & Co., is extending its U.S. lineup with an Espresso Liqueur. The 27% abv offering is made from a 30-day infusion of a variety of fine coffees (Brazil, Colombia, Kenya), with the Arabica type predominating. Luxardo Espresso Liqueur, aimed at espresso cocktails as well as neat and on the rocks consumption, is rolling out nationally this month, retailing at $25 a 750-ml. bottle.
•Louisville, Kentucky’s Angel’s Envy has announced the 11th annual release of its cask strength Bourbon. The 2022 bottling comes in at 59.9% abv and, like the brand’s flagship Bourbon, is finished in Port barrels. This year, the Bacardi-owned brand will release 16,980 bottles of the cask strength whiskey, available in all 50 states, as well as at the Angel’s Envy distillery in downtown Louisville. Angel’s Envy’s cask strength release carries a suggested price of $230 a 750-ml. Last year, Angel’s Envy reached 223,000 cases in the U.S., earning an Impact “Hot Brand” award.
•New Zealand-based Giesen, part of the Pacific Highway Wines portfolio, is expanding its 0% abv wine range with the launch of a new non-alcoholic Riesling. Retailing at $16 a 750-ml., the newcomer has 33 calories per 5-ounce serving. The launch comes as Giesen continues to see strong demand for its 0% Sauvignon Blanc, Pinot Grigio, Premium Red, and Rosé offerings. The Giesen brand recently earned Impact “Hot Prospect” honors after topping 140,000 cases in the U.S. last year on double-digit growth. The 0% side of the brand could hit 50,000 cases on its own within the next year, Pacific Highway president Mark Giordano told SND this summer.
•Brown-Forman has teamed up with Texas-based King Ranch to launch a new bottling of Old Forester, exclusive to the Lone Star State. Old Forester King Ranch Edition is bottled at 52.5% and made from a selection of heavily charred barrels of Bourbon finished through mesquite charcoal made from King Ranch-grown mesquite. The whiskey is now available in Texas for a suggested price of $70 a bottle. Old Forester neared 380,000 cases in the U.S. last year, according to Impact Databank.
•Wyoming Whiskey is launching limited editions Barrel Strength Bourbon, Outryder Straight American Whiskey, and Single Barrel in time for the holiday season. The third national batch of Barrel Strength Bourbon ($300) is a 5-year-old whiskey bottled at 61.2% abv that’s debuting in very limited quantities in Wyoming, California, Colorado, Georgia, and New York. Outryder, available in select markets, is a blend of two distinct high-rye mashbills that’s bottled at 50% abv and retails at $75. Single Barrel, meanwhile, aged five years, is bottled at 48% abv, and will also launch in select markets.
The Wine Institute launched its inaugural Global Buyers Marketplace on Halloween in Napa Valley. The two-day affair gathered more than 80 buyers and importers from 26 countries to taste wines from 150 wineries across California, highlighting an array of styles and price points. Participants included well known wineries like Ridge, Silver Oak, Boisset Collection, Louis M. Martini, Hirsch, Wente, and others. The marketplace is part of the Wine Institute’s 10-year plan to boost U.S. wine exports past the $2.5 billion mark. Last year, exports grew by 10.6% to $1.4 billion. California produces 95% of all U.S. wine exports, and the state is the fourth-largest wine producer in the world after Italy, France, and Spain.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.