NABCA Predicts 2015 Will be Better than Previous Two Years
FILED JANUARY 26, 2015 Spirits finished out the year on a high note in control states as volumes grew 5.5% in December and sales were up 8.3%. Moet Hennessy, Brown-Forman and Constellation were the big winners in December. Moet's volumes were up 25% for the period, while B-F volumes grew 10% and Constellation's grew by 8%. Read More
Prosecco Sales Surge 40% in 2014
FILED JANUARY 23, 2015 After suffering a blow during the recession, sparkling wine has come back in full force. At 8.6% sales growth year-to-date through December 28, the segment has significantly outperformed the larger wine category. Sparkling imports continued to outsell domestics, growing sales 12.5% in all IRI-measured channels and nabbing 1.62 dollar share points in the process. Although domestic sparkling wine sales were up a healthy 5.4%. Read More
Remy Cointreau Reaches a Turning Point in the US in Q3
FILED JANUARY 22, 2015 Although Remy Cointreau delivered a worse global performance in its first nine months than some industry analysts predicted, the company's US trends may have hit a turning point in the third quarter ended December 31. Read More
Wine Volumes and Pricing Expected to Increase in 2015
FILED JANUARY 21, 2015 It's that time of year again, Silicon Valley Bank's annual wine industry report is out and it's largely good news for the wine industry. SVB predicts the fine wine category will "have a breakout year," growing between 14%-18% in 2015. Though the low end ($9 or less) is expected to have a more challenging year. Read More
Imperial Brands Lays out Plans to "Regain Momentum" and Double Revenue by 2018
FILED JANUARY 20, 2015 Following the recent departure of chief Chester Brandes [see WSD 12-16-2014], Imperial Brands, the US subsidiary of Franc's Belvedere SA, has begun rolling out a new US strategy to "improve operational efficiency" and "regain momentum" for the brands in its portfolio. Read More
Drizly Sales Dominated by Bud Light, Tito's and Coors in 2014
FILED JANUARY 19, 2015 Drizly, the alcohol home-delivery app established in 2012, has hit the ground running in attempt to become the "Amazon of alcohol." By the end of 2014, the company had raised $4.8 million in seed funding and expanded into 12 major American markets (e.g. St. Louis, Chicago, New York City, Boston, D.C., Austin, Denver, Seattle, L.A. etc.) And it plans to triple that number in 2015. Read More
Rabobank: Major Chains will Eventually Dominate Mainstream Wine Volumes
FILED JANUARY 16, 2015 We've previously written that the US grocery channel -- specifically grocery and big box chains -- has been significantly increasing its involvement in the wine segment in recent years. In fact, you may recall, Nielsen's Danny Brager told WSD last year that chain retailers have begun selling more wine than the independent sector for the first time ever [see WSD 2-13-2014 ]. Read More
<--View all Articles

Top Secret News Hotline:

Got wine and spirits news for WSD?

Submit Anonymously
twitter facebook