States Move to Stop Illegal Wine Shipments from Retailers
FILED FEBRUARY 25, 2015 The Illinois Liquor Control Commission (ILCC) is clamping down on out-of-state businesses they claim are illegally shipping wine into the state. The agency says it sent over 100 cease and desist letters to retailers, wineries and fulfillment houses this month stating that they have evidence these entities are shipping beverage alcohol into Illinois without a license, reports ShipCompliant. Read More
TWE Acquisition Rumors Resurface
FILED FEBRUARY 24, 2015 A report from The Australian claims private equity firm Kohlberg Kravis Roberts (KKR) is again considering launching a takeover bid for Treasury Wine Estates (TWE). Recall TWE received two $3.2 billion takeover bids from private equity firms KKR and TPG in August. It was largely assumed TWE would proceed with a sale to one of the bidders after due diligence was performed, but an acquisition never came to fruition. Read More
What Wine Can Learn from Craft Beer and Spirits
FILED FEBRUARY 23, 2015 One of the challenges facing the wine category right now is how to capture some of the excitement surrounding craft beer and spirits. In fact, wine industry consultant Jon Fredrikson said in his annual State of the Union address at the Unified Wine Symposium that "craft beer has taken so much of wine's pizzazz that I think it's dragging down the wine business at some point." The three primary characteristics that set craft beer and spirits apart are an effective communication technique, transparency and a willingness to experiment. Read More
Barrel Supply and Demand Headed Toward Balance in 2015
FILED FEBRUARY 20, 2015 You may recall, one of the more persistent problems facing the burgeoning domestic whiskey category in the past two years was a shortage of American white oak barrels, the wood of choice for the majority of domestic whiskey makers [see WSD 05-06-2014]. The shortage left some smaller distillers up a creek without a paddle and forced many to get creative with their maturation process. Read More
Avoiding the Problem of "Sameness" in Wine Category
FILED FEBRUARY 19, 2015 Last year, the TTB approved more than 100,000 labels, so good wine, a good setting and good service at a winery is just the "bare minimum" required of a company that wants to make it in the wine business, Mary Jo Dale, Treasury Wine Estates' senior global brand director, for The Estates, recently told listeners at the Unified Symposium. Read More
Pernod Chief Downplays Bourbon Gap
FILED FEBRUARY 17, 2015 Bourbon is the most popular category these days and every spirits company without one is scrambling to buy or invent one. Pernod Ricard, whose portfolio is heavy on white spirits, isn't ruling out a possible bourbon acquisition in the future, but newly installed chief Alexandre Ricard believes some of the current brands in the portfolio are a viable alternative in the US. Read More
Truth Squad Discusses Transparency in Labeling Lawsuits
FILED FEBRUARY 16, 2015 With several class action lawsuits filed in the last six months, transparency in marketing is shaping up to be one of the biggest industry topics in 2015. Recall, Templeton Rye is facing a fraud and unjust enrichment allegation over the company's claim that it is made in Iowa [see WSD 09-17-2014 ]; Tito's Handmade Vodka has been hit with a few suits alleging false advertising and deceptive trade practices for its use of the word "handmade" [see WSD 10-02-2014]; Maker's Mark is facing a class action that alleges it is also not "handmade" as it claims [see WSD 12-09-2014] and Angel's Envy is fighting a lawsuit that alleges it is not "small batch [see WSD 02-03-2015]. Read More
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