Alert, Sazerac Bolsters Irish Whiskey Portfolio with Paddy Acquisition
FILED MAY 3, 2016 Pernod Ricard affiliate Irish Distillers has entered into exclusive negotiations to sell the Paddy Irish Whiskey brand to Sazerac. Paddy is the 4th largest Irish whiskey brand in the world, selling 200,000 cases in 28 countries. Irish Distillers will continue to produce the brand at its Midleton Distillery and all employees would remain in place, per a release. Read More
Kroger Pivots on Category Management Plans
FILED MAY 2, 2016 Facing regulatory and industry pushback, Kroger Co. has decided not to partner with Southern Wine & Spirits for its bev alc planogram services. Recall, Kroger announced in October a new plan that would make SWS the primary coordinator of its entire adult beverage set [see WSD 10-27-2015] and have suppliers voluntarily pay for the service, a move both the TTB and its home state have insinuated would violate federal and state "tied house" laws [see WSD 02-11-2016]. Read More
You Can Go Your Own Way
FILED APRIL 29, 2016 The continued success of the independent spirits category has caused a near mass exodus of executives leaving corporations in order to build something for themselves. Today's issue of WSD features two industry veterans who are striking it out on their own, one to establish a new bourbon distillery and the other to build the Grey Goose of Italian gin. Read More
Spirits Council Shifts Efforts from Oregon to Colorado
FILED APRIL 28, 2016 Yesterday, the Oregonians for Competition, a coalition of privatization supporters backed by grocers and the Distilled Spirits Council (which is moving away from the DISCUS name), suspended efforts to put privatization Initiative 71 on the November ballot. Instead, the grocery lobby is shifting focus to defeat a corporate income tax initiative called Initiative 28, and the Council has decided to shift its focus from Oregon to Colorado. Read More
More Color on BenRiach Purchase
FILED APRIL 27, 2016 Earlier this morning news broke that Brown-Forman is set to acquire The BenRiach Distillery Company, including the GlenDronach, BenRiach, and Glenglassaugh brands, for $416 million [see WSD 04-27-2016]. Following the announcement, your editors hopped on the phone with Lawson Whiting, B-F's evp, chief brands & strategy officer to discuss the purchase. Read More
B-F Makes Big Scotch Buy
FILED APRIL 27, 2016 Brown-Forman has announced it will acquire The BenRiach Distillery Company for approximately $416 million, adding three single malt Scotch whisky brands to the portfolio: The GlenDronach, BenRiach, and Glenglassaugh. The purchase includes brand trademarks, three malt distilleries, a bottling plant, and the company Read More
A New Craft Distillery Born Every Day
FILED APRIL 26, 2016 Remember five years ago when we thought one new craft distillery a week was a lot? That number has skyrocketed to one new craft distillery per business day, according to The American Distilling Institute's annual year-end survey results for 2015. Read More
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