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

News Briefs for November 17, 2022

November 17, 2022

•Retired NBA star Tony Parker is adding to his growing wine holdings, acquiring Château Saint Laurent in France’s Rhone Valley. Located just outside of Avignon, the estate includes 40 hectares (100 acres) of vineyards planted to Syrah, Grenache, Cinsault, Viognier, and Roussanne. Parker plans to produce blends of several different varieties as well as a range of “mono-cépage” wines showcasing each individual variety. The estate is in the process of conversion to organic viticulture. Parker’s first wines from Saint Laurent will hit the market next November, limited to 3,000 bottles.

•Diageo has taken a minority stake in Oxford, UK-based ultra-premium English rye whisky producer Oxford Artisan Distillery for an undisclosed sum. Oxford Artisan is joining the portfolio of Diageo-backed accelerator Distill Ventures. Oxford Artisan’s offerings are not yet available in the U.S. The distiller joins Stauning Danish Whisky, Westward American Single Malt, Kanosuke Single Malt Japanese Whisky, and Starward Australian Whisky in Distill Ventures whisky portfolio.

•The first Northern Hemisphere wines from the 2022 vintage are hitting the market, with the annual arrival of Beaujolais Nouveau Day. Georges Duboeuf Beaujolais Nouveau, imported by Quintessential Wines, is rolling out today with a label created by French designer Alain Vavro. Georges Duboeuf Beaujolais Nouveau is available at most wine retailers at a suggested $15 a bottle, while both the Beaujolais Nouveau Rosé and the Beaujolais-Villages Nouveau are selling at $16. Quintessential co-owner Dennis Kreps says he expects this year’s Nouveau to sell out by mid-December.

•Skrewball Whiskey, part of the Infinium Spirits portfolio, has announced a new limited edition Eggnog, set to hit shelves for the holiday season. Skrewball Eggnog is bottled at 14.75% abv and is made with the brand’s peanut butter flavored whiskey and eggnog made with dairy cream. The release is shelf stable and bottled ready to serve, and will be available in retailers in Arkansas, Alaska, Arizona, California, Colorado, Florida, Illinois, Missouri, Nebraska, Nevada, South Carolina, Texas, Washington, and Wisconsin. Skrewball surpassed 600,000 cases in the U.S. last year, according to Impact Databank.

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