[BND] Your Breakfast Briefing
Good Morning, and Happy Thursday, it August 10, 2022.
Molson Coors to Acquire Blue Run Spirits
Molson Coors Beverage Company agreed to acquire Blue Run Spirits (“Blue Run”), an award-winning producer of finely crafted bourbon and rye whiskies. The deal represents another step in Molson Coors’ evolution as a total beverage company while providing Blue Run with resources to continue its growth, the companies said. . Based
Brewer Shipments Off 6.4% in June; Imports Ease Lower
Brewers can be excused if they don't raise a glass to either domestic shipments in June, as estimated by the Beer Institute, or imports, as reported by the Census Bureau. Estimates for domestic tax paid shipments for June 2023 are 15.1 million barrels, which is a decrease of 6.
2022's Party Strong Seen Continuing in 2023
More parties and larger gatherings are expected this summer, according to Drizly’s 2023 Consumer Report. Nearly half of survey participants said they planned to host the same number of gatherings in 2023 compared to the previous year, and 22% said they expect to host even more parties. When asked
Parents, Youth Both Think Teens Will Face Drinking Decision in Next Year
Although past-month alcohol consumption among under-age youth has decreased 53% since 2003, according to the Monitoring the Future Survey, more than half of parents and children believe youth will face a decision about drinking in the next year. One reason for that 53% decrease in under-age drinking: since 2003, past-month
Wondry Taps SGWS for Florida Expansion
Wondry Wine named Southern Glazer's Wine & Spirits its distributor for the state of Florida. It will be the second market in which Southern Glazer has represent theBlack husband-and-wife-owned brand in its home state of Texas. Wondry's products are fruit-infused wines and sangria with a 13.9% alcohol content. The founders,
Santo Spirits Refreshes Agave Portfolio
Santo Spirits unveils new, sleek packaging for their core line of agave spirits from tequila visionary Sammy Hagar and partner Guy Fieri. This marks the first major packaging refresh since the brand launched in 2017. You can check out all the new packaging HERE. Included in the update are 100%
Who & What --
Martignetti Co., New England's leading distributor of wines and spirits, announced several leadership appointments acquisition of Connecticut-based Hartley & Parker. Michael Blanchard is promoted to vp-sales, reporting to Chris Conrad, President, Sales and Marketing for Martignetti Companies. Blanchard, is a 15-year Martignetti veteran. David Rosenberg is named senior vp-operations, reporting to
What We're Reading --
Some Lucky Buyer Just Got a Big Discount on Silicon Valley Bank's Wine Collection SVB had more than 400 bottles at its Santa Clara branch and around 300 at its Menlo Park branch, where they were "meticulously racked and kept in a climate controlled environment," according to the auction site.
Thanks for Reading. I'll see your tomorrow. – Joel