New York-based importer and marketer Banfi has long been known for its stable of Italian wines, with the portfolio also including Pacific Northwest and Chilean offerings across its 700,000-case volume. Banfi CEO Cristina Mariani-May tells SND the company is well-positioned … The post Banfi Intent On Further Premiumization, Boosted By Strong Brunello Vintage appeared first on Shanken News Daily ..read more

Upscale vodka brand Grey Goose, part of the Bacardi portfolio, is expanding its range at the top tier with a new expression called Altius. The new offering is aimed exclusively at top bars, nightclubs, and restaurants, selling in 700-ml. and … The post Grey Goose Extends At The High End With On-Premise Focused Altius appeared first on Shanken News Daily ..read more

•New York-based importer Monsieur Touton Selections has added Fiol Prosecco to its range. The brand includes Prosecco Extra Dry NV in 750-ml. and 1.5-liter formats retailing at approximately $19 and $39 respectively. Vintage-dated Fiol Prosecco DOC Rosé retails at approximately … The post News Briefs for April 24, 2024 appeared first on Shanken News Daily ..read more

The low- and no-alcohol movement is among the key consumer dynamics shaping industry trends this year, driven by the preferences of younger consumers. At leading wholesale player Southern Glazer’s, Zach Poelma, SVP of Supplier Strategy & Insights, sees lower-alcohol cocktails … The post Southern Glazer’s: Younger Consumers Driving The Low- And No-Alc Cocktail Trend appeared first on Shanken News Daily ..read more

Winebow Imports is adding six Boisset Collection wineries to its portfolio. Under the deal, Winebow will represent the Boisset Collection’s DeLoach Vineyards (Russian River Valley), Elizabeth Spencer (Napa Valley, Sonoma Coast, and Mendocino), J. Moreau & Fils (Chablis), Mommessin (Beaujolais, … The post Winebow Imports To Market Six Boisset Collection Wineries Nationally appeared first on Shanken News Daily ..read more

Destocking at the retail level has been holding back depletion trends in both wine and spirits over the past year. While high interest rates continue to pressure inventory levels, as 2024 rolls on the situation could start to rebalance, according … The post Destocking Situation Likely To Improve In The Coming Months appeared first on Shanken News Daily ..read more

Kroger and Albertsons are set to divest more stores as they continue to seek FTC approval for their $25 billion merger. The two companies will now sell 579 stores across 19 states to C&S Wholesale Grocers—owner of Piggly Wiggly and … The post Kroger-Albertsons To Unload More Stores In Bid To Gain Merger Approval appeared first on Shanken News Daily ..read more

•Italy’s Zaccagnini is extending its Tralcetto lineup with a new bottling, Montepulciano d’Abruzzo DOC Riserva. The newcomer is made from Montepulciano grapes cultivated in the vineyards of Bolognano, located close to the winery. It’s matured for at least 18 months … The post News Briefs for April 23, 2024 appeared first on Shanken News Daily ..read more

In the second part of our interview with Cann co-founder Jake Bullock, the chief executive of the cannabis beverage brand discusses Cann’s dosing and onset time, its consumer demographics, and its direct-to-consumer sales. The brand is currently available in retailers … The post Interview, Part 2: Cann Co-founder Jake Bullock appeared first on Shanken News Daily ..read more

While it’s been a tough stretch for the rum category, with overall volume down 4.5% to 21.4 million cases in the U.S. last year, according to Impact Databank, category leader Bacardi sees potential to bolster the share of premium offerings … The post Bacardi Eyes A Bigger Role For Premium Rums Looking Ahead appeared first on Shanken News Daily ..read more