[BND] Kane's Beverage News Daily

Good Morning and Happy Friday, July 24, 2025

Why Trump's Forced-Labor Penalty Tariffs Will Apply to EU, Australia Wine

President Trump's new 12.5% tariffs will apply to alcohol beverages imported from major U.S. trading partners, including:: * South Korea (Soju) * Japan (Sake, Japanese Whisky) * Taiwan (Kavalan Whisky) * European Union Member States & Switzerland (Note: While subject to the 12.5% tier, EU/Swiss products are governed by specific net-of-MFN and tariff-ceiling provisions detailed in the FRN). * Latin America & Caribbean:Brazil (Cachaca)

Boston Beer 2Q Revenue Fell 3.3%, Shipments Down 4.5%, Depletions Off 4.5%

Boston Beer Co. reports net income of $51.67 million, or $4.96 a share, down $8.87 million from $60.43 million, or $5.45 a share a year earlier. Net revenue fell 3.3% to %568.3 million as depletions decreased 6% and shipments decreased 4.5%. The company ended the second quarter with $265.5 million in cash and no debt. “As we continue to navigate a challenging operating environment, we are managing the business with discipline while investing behind our category-leading brands and bringing inno

How Regulations Are Suffocating the Wine Industry

Regulations, including both production and direct-to-consumer sales requirements, represent nearly one-fifth (17.5%) of the cost of producing a bottle of wine in Napa Valley. That's the conclusion in a new report, The Regulatory Costs of Wine Production in Napa County, authored by Dr. Lynn Hamilton and Dr. Michael McCullough of California Polytechnic State University's Agribusiness Department. They examined the cumulative costs associated with local, state, and federal regulations affecting a N

Wente Family Estates Names Peter Yeung Chief Executive Officer

Wente Family Estates, the country’s longest continuously family-owned and operated winery, appoints Peter Yeung as Chief Executive Officer. Yeung, who has served as the company’s interim CEO since January, transitions into the permanent role effective immediately. Yeung’s appointment comes on the heels of several important updates to the senior leadership team, including fifth generation winegrower Aly Wente’s appointment to the role of Chief Revenue Officer and fifth generation winegrower Karl

DISCUS Grateful for Trump-King Charles Deal Exempting UK Whiskies

Chris Swonger, president, Distilled Spirits Council of the U.S., expressed thanks to President Trump "for delivering on his commitment to remove the tariff on Scotch and other UK whiskies and for recognizing the longstanding heritage, craftsmanship and distilling traditions that unite the United States and United Kingdom. “Lifting this tariff provides much-needed relief for U.S. hospitality businesses and demonstrates the benefits of fair, reciprocal trade. It is a meaningful step toward restor

Bulleit Adds New $30 Whiskey to Permanant Lineup for 1st Time in 30 Years

For the first time in 15 years, Bulleit Frontier Whiskey is debuting a new permanent expression. The whiskey — Bulleit ’87 — is a blend of bourbon and rye, finished with toasted American and French oak staves. Featuring bourbon distilled in Kentucky and rye from Indiana, Bulleit ’87 is the brand’s first bourbon-rye blend, joining Bulleit Bourbon and Bulleit 95 rye in its core lineup. The whiskey is named in recognition of 1987, Bulleit’s founding year.

Chateau Ste. Michelle Intros 2 New Wines

Chateau Ste. Michelle is introducing two new wines that showcase the quality and diversity of Washington wine: Chateau Ste. Michelle 2024 Evergreen Vineyard Riesling and Chateau Ste. Michelle 2024 Columbia Valley Red Blend. The new wines are part of Chateau Ste. Michelle's continued evolution in 2026, marked by refreshed packaging, ongoing investment in wine quality, and enhanced guest experiences at the winery's historic Woodinville estate.

What I'm Reading --

• How Long Do Open Bottles Of Wine Actually Last? Hint: It might not be as long as you think. (Southern Living)
• The 10 Biggest Beer Myths People Still Believe Are Facts Did you know that the world's biggest draft beer selection has more than 350 different brews on tap? That's absolutely wild, and sheer volume helps explain why choosing a good beer is more complicated than you'd think. It also doesn't help that there's a lot of misinformation, and oft-repeated claims that you've possibly heard

Thanks for reading. I'll be back tomorrow. – Joel