Trouble Brewing Between SPI Group and Bayou Rum Producer
FILED MAY 25, 2018 SPI Group is currently tangled up in a lawsuit with Louisiana Spirits (LS), the makers of Bayou Rum. LS alleges SPI Group and Stoli Group USA breached their contract, claiming they have "established a pattern of contractually agreeing to something, then disregarding it; saying what they want you to hear, then doing the opposite," per the complaint. Read More
Diageo Looking to Trim the Fat
FILED MAY 24, 2018 Diageo is currently in talks to sell several non-core, US-focused brands as part of its strategy to tighten focus on its more premium, international brands, according to people close to the deal, reports Sky News. The company expects the brands to fetch between $500 million and $1 billion total. Read More
John Anthony Exec on the Success of JaM Cellars
FILED MAY 23, 2018 John Anthony Family of Wines opened its doors in 2003, beginning with the John Anthony and Farm Napa Valley brands. But the company didn't explode onto the national stage until 2009 when the winery introduced JaM Cellars to the portfolio. JaM Cellars has grown from about 1,000 cases in its first year to 860,000 cases last year. In 2017 the brand grew more than 100,000 cases with double-digit increases, according to Nielsen [see WSD 01-26-2018], and now they've added a rose and are getting into the canned wine game. Read More
Wine, Spirits Trends Slowing in Q2
FILED MAY 22, 2018 We're about halfway through the second quarter of 2018, so we're digging into how wine and spirits are performing so far this quarter on the Drizly platform as we move into the summer months. Read More
Johnson Bros. to Expand Footprint in IN
FILED MAY 21, 2018 Last week, news broke that Indiana distributor Monarch Beverage is exiting the wine business as of September 1 [see WSD 05-16-2018]. Picking up the slack is Johnson Brothers, who has confirmed that it has agreed to purchase certain assets of Monarch's wine business in Indiana, WSD has learned. Read More
TTB to Keep FET Reduction for All Wineries
FILED MAY 18, 2018 After federal excise tax reduction passed as a part of the tax reform bill, wineries noticed a hiccup in the wording that excludes some wineries from taking advantage of the FET reduction [see WSD 03-21-2018]. Thanks to some grassroots efforts, the TTB has extended an "alternate procedure" that gives all wineries tax benefits through the end of 2019 (aka the expiration date on FET reduction). Read More
Grokking SGWS's New MJ Partnership
FILED MAY 17, 2018 News broke this morning that Southern Glazer's Wine & Spirits is entering the cannabis business in Canada by creating a subsidiary broker company called Great North Distributing (GND) [see WSD 05-17-2018]. The first order of business at GND is a brokering partnership with a company called Aphria. Read More
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