FedEx Tightens Reins on Alcohol Shipments to NY
FILED OCTOBER 24, 2016 WSD has intercepted a letter FedEx sent to several (possibly hundreds) of wineries and retailers around the country. The letter dated October 14 reminds the recipients--all of whom have sent at least one shipment of alcohol to the state of New York between January 1, 2013 to July 28, 2016--they have "agreed to comply fully with all federal, state and local laws, rule and regulations and orders applicable to each shipment of alcohol," sent through FedEx. Read More
Edrington Marketing Exec on What's New with Macallan
FILED OCTOBER 21, 2016 In the first half of 2016 the Scotch category increased sales in the US by 9% largely thanks to the growing popularity of single malt Scotch, per Scotch Whisky Association data. In light of the positive trends, we tapped Edrington's vp of marketing for single malts, Raul Gonzalez to talk about what's new this year with its leading brand, Macallan, and how the popularity of American whiskey is benefiting Scotch in the US. Read More
Pernod Reports Strong US Performance in Q1
FILED OCTOBER 20, 2016 Pernod Ricard kicked off its fiscal year 2017 with global organic sales growth of 4% for the first quarter ended September. A dynamic first quarter in the Americas region (up 8%) contributed to the quarter's growth, driven by "continued strength" in the US market. Q1 results are in line with the company's outlook for the fiscal year, with an estimated organic growth between 2% and 4%. Read More
2% of Craft Distillers Responsible for 60% of Total Volumes
FILED OCTOBER 19, 2016 Yesterday we reported on some of the highlights from the economic briefing from the American Craft Spirits Association, Park Street and IWSR as part of the Craft Spirits Data Project [see WSD 10-18-2016]. Today we'll delve further into the breakdown of the total craft spirits category, specifically where the bulk of their business is conducted and how much of the market the different sized distillers make up. Read More
ACSA Drops Massive Craft Spirits Industry Report
FILED OCTOBER 18, 2016 You may recall, the American Craft Spirits Association, Park Street, and IWSR (along with the help of several other trade groups) have been putting together a massive report on the craft spirits category since 2015. Today the organization let loose a flood of valuable information from the report at an annual economic briefing. There's a lot to unpack from the meeting, so today we'll go over some of the highlights. Read More
Alert, Constellation Announces Spate of M&A Deals
FILED OCTOBER 17, 2016 Along with the expected sale of its Canadian Wine business, Constellation has announced the acquisition of the Charles Smith Wines collection for $120 million, and as part of the company's venture activity, it has taken a minority stake in Bardstown Bourbon Company. Read More
Survey Reveals Craft Distillers Feeling the Pressure this Year
FILED OCTOBER 14, 2016 Earlier this week we reported on the results from our craft survey, focusing particularly on growth and business operations [see WSD 10-11-2016]. Today, we'll delve deeper into some outside factors, like regulation and distribution, and how our craft distillers feel about them. Read More
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