[BND] Your Morning Briefing --
Good Morning, and Happy Tuesday. It's November 21, 2023.
Was September the Low Point for Wine, Spirits Depletions? Danny Brager Thinks So
Depletion trends for 2023 are solidly in the negative, with combined spirits and wine depletion trends down 6.7% year to date and down 5.5% in the 12-month rolling period ending September, according to SipSource, the Wine & Spirits Wholesalers of America's monitor of depletion data. But Danny Brager,
Off-Premise Sales Down 3%; Volume Off 6%
Sales of domestic table and sparkling wines through NIQ off-premise outlets totaled $850 million in the four weeks ended Oct. 7 down 3% versus a year ago. Volume in the period fell 6% to just under 8 million cases. Heading into the heart of the OND sales period, it’s
Limited Capital No. 1 Challenge for Black Winemakers
Limited capital remains the No. 1 barrier to business success for Black Wine Entrepreneurs, according to the Sales of domestic table and sparkling wines through NIQ off-premise outlets totaled $850 million in the four weeks ended Oct. 7 down 3% versus a year ago. That's according to Terroir Noir: 2023
Lux Row's Bardstown Distillery Earns Energy Star For Energy Efficiency
Eight U.S. distilleries have been recognized by the U.S. Environmental Protection Agency as the first to earn EPA's Energy Star certification for superior energy performance. On average, a large distillery—one that produces more than 750,000 proof gallons per year—consumes as much energy as 7,000
Naked Wines, Ex-Exec Settle Lawsuit
The litigation between Nakedwines.com, its umbrella company, UK-based Naked Wines plc and Mac Miller has been settled "amicably with no admission of liability or wrongdoing by anyone involved,” according to court filings. Miller was hired in 2020 as president of Naked Wines in 2020 and fired in March 2022
Why Red Wine Causes Headaches
"Fruit of the vine and work of human hands" is the way one prayer in the Catholic Mass describes wine. Others have observed that Jesus didn't turn wine into water, but water into wine. So, why oh why can wine – especially red wine – cause such fearsome headaches in some people?
Baileys Celebrates Holidays by Popping Up at Markets Across the U.S.
Consumers near Chicago, Los Angeles or New York will be able to stop at the "Bailey Treat Bar" in a selected location to enjoy either Hot Chocolate or Hot Coffee. Both will be made with Baileys Original Irish Cream Liqueur. "The holidays are a special time and Baileys has always
Who & What --
Prestige Wine Imports appoints Andrew Meyer to Chief Sales Officer and promotes December Semexant to Chief Financial Officer. Meyer most recently was with Don Sebastiani & Sons.
Thanks for reading. We'll be back Wednesday at 6 a.m. Eastern with the Weekly, including our stories from last week. Then we and, we hope, you will take the rest of the week off for Thanksgiving. – Joel