[BND] Your Breakfast Briefing --
Good Morning, and Happy Tuesday! It's October 17, 2023.
Vintage Wine Sales Fall 16.4% in 4Q; Net Loss Nearly Triples
Vintage Wine Estates reports revenue of $16.1 million in the fourth quarter, down 16.4% from a year earlier, reflecting declineds in all segments: * Wholesale revenue declined $2.2 million, or 10.3%, to $18.8 million as improved pricing and higher ACE Cider sales did not fully offset
Scheid Family Wines Sales Fell 9%; Loss Widens in Quarter
Scheid Family Wines's total revenues were $27.7 million, down $2.7 million, a decrease of 9%. This decrease was driven by the Company's cased goods sales which decreased 6%, from $23.9 million to $22.5 million, and a decrease in bulk wine sales of 28%, from $2.9
Thieves Steal More Than $1.6M of Alcohol From RNDC Florida WarehouseBurglars used tractor-trailors to steal more than $1.6 million of alcohol from a Republic National Distributing Co. warehouse south of Tampa in Gibsonton, Fla. Gibsonton is in Hillsborough County. The theft is believed to have started around 4:10 a.m. By 8:45, the thieves had removed 4,How Consumers View Different Wine ContainersU.S. wine consumers believe wine sold in boxes, tetra, plastic and cans reduce harm to the environment and are most easy-to-recycle. However, they may not be perceived as providing the highest wine quality or appropriate for every wine style or occasion. That's according to a new study by LizConor McGregor Intros an Irish Stout
Conor McGregor, known as one of the greatest fighters in UFC history, introduces Forged Irish Stout to the U.S. Crafted with precision and McGregor's signature commitment to quality and excellence, Forged is launching in the U.S. promising an unparalleled drinking experience for beer enthusiasts and stout lovers asReally Good Boxed Wine Debuts Single-Vineyard Napa Cabernet Sauvignon
Really Good Boxed Wine, the pioneer of top-tier boxed wines in the U.S., is set to release their most ambitious wine yet: a 2019 Cabernet Sauvignon from the celebrated Oak Knoll District of Napa Valley. This is not merely their newest release – it's a bold statement of innovation and
El Tesoro Tequila Partners with Knob Creek on New Product
El Tesoro de Don Felipe Tequila, the award-winning Tequila producer from La Alteña Distillery in the Jalisco highlands of Mexico, and the third-generation Camarena distilling family, are proud to introduce the second installment of "The Mundial Collection" Limited Edition Cask Finishing Series: El Tesoro® Mundial: Knob Creek® Rye Edition.
Gallo, Issa Rae Intro Viarae Prosecco
Emmy- and Golden Globe-nominated actress, producer, entrepreneur, and writer Issa Rae and E. & J. Gallo Winery introduce Viarae Prosecco, a bright, crisp, lively, and refreshingly refined take on the classic Italian sparkling wine. Rae is known for her unique flair and infectious sense of humor that she's weaved into the
King of Kentucky Bourbon Releases Sixth Edition
King of Kentucky, a super-premium straight bourbon, is returning this year with the release of its sixth edition. Hitting shelves mid- October, the limited-edition expression will mark the sixth anniversary for the brand. The 2023 expression is a 16-year-old Kentucky Straight Bourbon, featuring a premium embossed label with a stamp
Jackson Family Wines Napa Vineyards Certified Organic
Jackson Family Wines said all its Napa Valley estate vineyard properties achieved organic certification through the Certified California Organic Farmers (CCOF) program. Covering approximately 480 planted acres across 15 estate vineyards throughout Napa Valley, this milestone aligns with the company’s Rooted for Good: Roadmap to 2030 sustainability initiative.
For the Halloween season only, Kraken Rum has partnered with New York favorite, Dough Donuts, to offer a taste of the forbidden depths in dessert form. Spoiler – the deep of the Kraken’s Keep tastes a lot like rum cream filling and chocolate icing. The Kraken Dark Donut is available
3 Vermont Breweries Mark Employee Ownership Month with Collaboration Brew
To celebrate Employee Ownership Month, three Vermont employee-owned breweries (ESOPs) Switchback Brewing Co., Harpoon Brewery, and Long Trail Brewing Co. collaborated on a limited-edition draft only beer: ESOP ESB. “We met back in early August to discuss making a beer that was sessionable and approachable,” said Switchback brewer Morgan Capron.
Distilled Spirits Council of the U.S. hires Aimee Carter as vp-member services and business development. She joins DISCUS from Alliance for Health Policy.
Wine Future: Alder Yarrow on how the wine industry can stay relevant Yarrow believes the sector has to find new, more innovative ways to do business in order to keep the wine audience it has and attract a new one. (The Buyer) Sobriety Is In, and Nonalcoholic Beer Sales Are
Thanks for Reading. I'll see you tomorrow. – Joel