SVB: Gen X Will Consume the Most Wine by 2021
FILED FEBRUARY 15, 2018 In 2017, baby boomers accounted for 38% of wine sales, followed closely by gen X (36%), millennials (19%) and matures (7%), according to the annual Silicon Valley Bank (SVB) state of the wine industry report. Read More
Alert, Bill Newlands' Star Keeps Rising at Constellation
FILED FEBRUARY 14, 2018 Bill Newlands is adding the role of president to his responsibilities at Constellation Brands. In his expanded role as president and coo Bill will have oversight and accountability for all operating aspects of the company and ultimately advancing Constellation Brands' position as an industry leader, per a release. Rob Sands, who previously held the title of president and ceo will continue to serve as the company's ceo. Read More
Alert, Jager Moving to SGWS Network, Sparking Major Brands' Lawsuit
FILED FEBRUARY 13, 2018 Earlier today Mast Jagermeister allegedly notified its Missouri wholesaler, Major Brands, that it intends to cut ties in order to consolidate its US business with Southern Glazer's Wine & Spirits, effective April 1. In response, Major Brands slapped Mast Jagermeister with a lawsuit just hours later, alleging violation of Missouri franchise law. Read More
Deep Dive: North Eastern Wine Trends
FILED FEBRUARY 13, 2018 Most of the time we focus on national trends in WSD, but today we're narrowing our focus to on-premise wine trends in the Northeast (ME, VT, NH, MA, RI, CT, NJ, NY and PA). Read More
So You Want to Build a Brand from Scratch
FILED FEBRUARY 12, 2018 Innovation may be the lifeblood of the alcohol industry, but as the number of craft distillers and SKUs continue to soar, the path to success for new brands is starting to look like a Tough Mudder competition. For instance, as one of the top distributors in the country, Breakthru Beverage gets about 3,000 requests every year for new products, said Breakthru coo Lloyd Sobel. Read More
Tequila, Whiskey, Cognac Lead Control State Growth in 2017
FILED FEBRUARY 9, 2018 The spirits category did deliver growth in control states in 2017--sales were up 4.7% and volumes grew 2.5%--but not quite as strong as in 2016 when sales were up 5% and volumes grew 2.8%. This marks the fifth consecutive year of deceleration in the 17 control states (plus Montgomery County MD), according to NABCA data. Read More
Pernod Brass Talks Pricing Strategy, Marketing & Exec Reshuffle
FILED FEBRUARY 8, 2018 Pernod Ricard kept things steady in the second quarter, with 6% growth in the Americas and 3% growth in the US for the first half of fiscal 2018 ended December. "With Pernod Ricard USA, [we're] happy to see we're approaching market growth rates," said chief Alexandre Ricard on this morning's earnings call. Read More
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