The NBWA Beer Purchasers’ Index for October 2018
The National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index for October 2018. The index for imports continues to indicate expanding volumes with an October index at 72.8 compared to 62.5 in October 2017. The craft beer index is at 48.3, and...
Alcoholic Beverage E-Commerce Increasingly Becoming a Growth Driver For Independent Adult Beverage Retailers
Alcohol e-commerce are reflecting a demand for independent adult beverage sales via online platforms. Multiple platforms boasts a network of around 1,000 retail locations in North America. Their sales reflect that 50 percent transactions of first time consumers, and...
Importers Park Street and MHW Ltd Make Bonfort’s Power 100 List
Alcohol import company executives make their way onto the list of the most influential companies helping transform the industry. The Bonfort’s Wine & Spirits Journal Power 100 is a list of what they believe to be the most influential companies and individuals...
Nielsen Spirits Update – October
Distilled spirits dollar sales were up 3.0 percent in the most recent 4-week period ended 11/3/18, which was below the 3.9 percent growth seen over the last 12 weeks. Bourbon, Irish Whiskey, Canadian Whiskey and Tequila gained dollar share during the period. Total...
TTB – Industry Compliance with Trade Practice Laws and Regulations
The Bureau significantly intensified its trade practice education and enforcement program beginning in 2017 after receiving Congressional appropriations specifically earmarked toward these efforts. The enforcement program is generally aimed at investigating exclusive...
Holiday Sales Cross Trillion Dollar Mark and Brick-And-Mortar Sales Remain Strong
Holiday retail sales have increased due to low unemployment, income growth, a consumer friendly season and high consumer confidence. The United States is increasing to 5.8 percent to $1.002 trillion mark, with strong growth in 2018. It is the first time that the...
Pink Gin Trend Adds Variety For Consumers
Pink gin is a new trend geared towards millennials and different to the clear gin. The rosy hue comes from the mix of fruits, herbs, spices, bitters, and not an artificial color. The U.S spent $1.745 billion on gin in 2018 and due to gin consumption increasing, the...
Sparkling Wine, Vermouth and Wine-Based Mixers off to a Promising Start in 2018
For the first six months of 2018, US wine imports increased in 9 percent in value but decreased 4 percent in volume. Bulk wine importers decreased by 19 percent in volume and 5 percent in value but bottled imports increased by 2 percent in volume and 10 percent in...
Global Wine Harvest Bounces Back After 2017
The global wine harvest estimated a production of 282 million hectoliters in 2018 which is a strong rebound after a record low in 2017. This is due to last year’s terrible weather in Europe which affected the global harvest decrease to 243.7 million hectoliters, the...