Quintessential Acquires US Portfolio from Accolade Wines
Wine importer, Quintessential, has acquired all US-produced wines in the Accolade Wines portfolio, effective August 1. The acquisition includes the production, global sales, and marketing of Geyser Peak, Atlas Peak, Outlot, and XYZin. In May, the two companies...
TTB Approves 27,100 new products in Q2
Product approvals for the Alcohol and Tobacco Tax and Trade Bureau (TTB) decreased by 11.7% to 39,700 new products in the three-month period ending in June 2020. The decline was largely felt in imported products as a result of the pandemic and tariff threats,...
Take Action to Prevent Additional Alcohol Tariffs in 2020
In October 2019, the beverage alcohol industry was subject to WTO tariffs that imposed an additional 25% in ad valorem duties to a vast list of European imports. Now the federal government is set to review its tariff policy again in August and there is a possibility...
The Brands and Categories Getting Celebrity Endorsements Right
In recent years, celebrity-associated brands have driven some of the most high-profile acquisitions in the alcohol beverage space, which has naturally resulted in a boom of celebrity endorses products. “Looking across the spectrum of drinks, it’s clear that categories...
Pernod Ricard Adds Ojo De Tigre to Its Mezcal Portfolio
Pernod Ricard has invested in super premium mezcal brand Ojo De Tigre. Ojo De Tigre is an artisanal mezcal crafted using sustainable agave with Joven and Reposado offerings. The brand's parent company, Casa Lumbre, is responsible for the creation of Ancho Reyes...
Peanut Butter Whiskey Coming in Hot
Flavored whiskey grew nearly 19% in the US last year, and peanut butter whiskey proved to be one of the fastest risers in the category. In fact, Skrewball Peanut Butter Whiskey has led the way so far, growing 600% from 2018-2019. The spicy-sweet flavor profile of...
Brewstilleries Tap Into Best of Both Beer and Spirits Worlds
As both craft beer and craft spirits have become commonplace in the US, an increase of brewstilleries — capable of producing both types of alcohol — has followed suit. Brewstillery owners have found benefits in production, marketing, and innovation. But the concept is...
Former Ciroc Executives Invest in Saint Liberty Whiskey
Harris & Simms (HANDS), a minority women-led spirits advisory company, has purchased a stake in Saint Liberty Whiskey, a brand dedicated to highlighting female bootleggers from the Prohibition era. HANDS was founded by Dia Simms and Erin Harris, former executives...
California Halts All Indoor Dining and Drinking Amid Rising COVID Cases
Today, California Gov. Gavin Newsom ordered all bars, restaurants, and tasting rooms with indoor dining to re-close statewide as a result of increasing cases of COVID-19. However, venues that have outdoor dining may continue to operate and sell takeout. Other venues...