AN ACQUISITION WITH A CHERRY ON TOP
DUTCH SPIRITS GROUP De Kuyper has acquired liqueur brand Cherry Heering from Danish producer Peter F. Heering. Along with the purchase of Cherry Heering, the deal also includes Heering Coffee Liqueur. The brands join the company’s liqueur and spirit portfolio including De Kuyper cocktail liqueurs, Peachtree, Rutte Gin & Jenever... Read More
BUSY DAYS FOR BRANDY
PERHAPS YOU HAVE missed it but the “big thing” in the spirits world these days is . . . brandy. Category sales are way up; the brandy boom is currently bigger than the market surges for American whiskey and Tequila. And while so much focus has been on premium rosé,... Read More
A TASTE FOR AMERICAN SPIRITS
WE AMERICANS certainly enjoy our domestic spirits (bourbon in particular) but it seems the rest of the world is developing quite a thirst for tipples from the US. The value of American spirits exports increased by 1O.6% in the first half of 2O17 – up more than $67 million to... Read More
HEAVEN HILL GOES FOR A TASTE OF IRELAND
THE IRISH WHISKEY category has been on fire for the last few years and Heaven Hill is counting on a bit of that Irish luck coming its way in the near future. The Kentucky-based drinks company has purchased Carolans liqueur and Irish Mist liqueur and whiskey from Gruppo Campari. According... Read More
A $91OO OOPS
SHOULD THE opportunity arise to taste a rare and coveted dram of 1878 Macallan it’s best to make sure it’s the real deal. A Chinese tourist recently made news when he dropped a cool $91OO for a glass of the legendary Scotch at the Hotel Waldhaus am See in Switzerland... Read More
CASAMIGOS BIG PAYDAY
DRINKS COMPANY Diageo has agreed to buy ultra-premium tequila brand Casamigos for $7OO million, part of a larger push to increase its exposure to the tequila market. Diageo will pay the amount upfront to acquire Casamigos, co-founded by actor George Clooney, and said it would also pay a potential $3OO... Read More
TULLAMORE DEW RISING
TULLAMORE DEW has joined an elite club as volume sales in 2O16 climbed 7.2% to propel the Irish whiskey brand over the key threshold, with 1.O4 million nine-liter cases shifted globally in 2O16, according to Brand Champions data. A focus on the on-premise with the “Dew and a Brew” activation... Read More
BEER, WINE & SPIRITS: THE UPS & DOWNS
THE IWSR’s U.S. Beverage Alcohol Review for 2O16 has been released and shows some interesting trends in the industry, good for some, bad for others. Liquid consumption of beer, cider and mixed drinks was down last year in the US, and lower-priced brands faced a tougher time with consumers. At... Read More
$252 MILLION WORTH OF FAKE ALCOHOL & FOOD SEIZED WORLDWIDE
THERE’S A STAGGERING amount of fake alcohol and food flooding the world’s markets. As quickly as police shut down one operation, three more sprout up. But authorities are far from giving up. A recent joint operation carried out by Interpol and Europol seized 26.4 million liters of counterfeit alcohol and... Read More
WILLIAM GRANT BUYS TUTHILLTOWN SPIRITS
BIG NEWS in the American craft distilling industry: William Grant & Sons has bought producer Tuthilltown Spirits – New York State’s first distillery since Prohibition – for an undisclosed sum. The acquisition includes the distillery, gourmet restaurant, visitor center and grounds with riverfront views. Chief Executive Officer Simon Hunt, said:... Read More