Bacardi NA's Juan Rovira Steps Down as CMO
FILED JANUARY 30, 2015 Five months after the announcement that Bacardi North America chief Robert Furniss-Roe and Bacardi USA national sales director Derek Hopkins would be moving on from the company [see WSD 08-19-2014 ], WSD has learned that Bacardi NA svp, cmo Juan Rovira is leaving his role as well. Bacardi has confirmed the news, adding that "the timing and possibility of alternative roles is still under review." Read More
Truth Squad Sounds off on Alcohol Delivery Apps
FILED JANUARY 30, 2015 Last week, in an article about alcohol delivery service Drizly's best-selling brands in 2014, we mentioned that big beer companies had begun investing in these types of businesses, but wine and spirits had yet to really take advantage of them [see WSD 01-19-2015 ]. Following the article, we reached out to our Truth Squad experts to get their input on the potential of alcohol delivery services like Drizly, Klink and Thirstie, and whether wine and spirits should get on board. Read More
JFW Acquires Siduri Wines
FILED JANUARY 29, 2015 Jackson Family Wines has announced its first acquisition of 2015: Siduri Wines. Siduri, known for its single vineyard pinot noir from premier AVAs in both Oregon and California, was founded in 1994 by Adam and Dianna Novy Lee. The acquisition includes Siduri Wines and the Novy Family Wines brands plus inventory. Siduri will continue to operate and produce much the same way it always has with Adam as the winemaker and the staff at the winery will stay on. Terms of the deal have not been disclosed. Read More
Wholesaler Optimism Takes a Dip
FILED JANUARY 29, 2015 During the third quarter of 2014, we reported that wholesaler optimism levels were the highest they've been since 2012. At the time, 56% of wholesalers were "much more" or "somewhat more" optimistic about the short term outlook for wine and spirits, but that number has fallen to 27% in UBS's most recently quarterly wholesaler survey. It's the least optimistic score UBS has seen since December 2009. Read More
Jackson Family Driving Growth with One Eye in the Future
FILED JANUARY 28, 2015 Over the years, Jackson Family Wines has built a reputation for being ahead of the curve and for their efforts they have become one of the largest wine companies in the US. But the only thing harder than gaining success, is maintaining it, says JFW president Rick Tigner. There are any number of wineries that gained notoriety and then faded into oblivion that can attest to that fact. Read More
30% of Bev Alc Products Noncompliant
FILED JANUARY 27, 2015 In recent years, the TTB has taken to sampling a random set of products to test for compliance. In 2014, the agency sampled 450 products (190 spirits, 155 malt beverages and 105 wines) and found as many as 139 (30%) of the products were noncompliant. This mark's a slight increase in noncompliant products from the 2013 results where the TTB sampled 668 and found 190 (28%) non-compliant. Of the 140 noncompliant products, spirits had the highest percentage of noncompliant products at 39%, malt beverage had 30% and 20% of the wines tested were noncompliant. Read More
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
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