Wine Spectator Set To Announce Its Wine Of The Year This Morning

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Friday, December 2, 2016

Wine Spectator Set To Announce Its Wine Of The Year This Morning

Wine Spectator will reveal its Wine of the Year for 2016 at 11 a.m. this morning at http://top100.winespectator.com/. As part of its ongoing Top 100 Wines of 2016 celebration, Wine Spectator yesterday unveiled the number-four, number-three and number-two wines of the year. Number-four is a standout Sauternes, while number-three and number-two both hail from Oregon’s Willamette Valley region. The full Top 100 list will be released on Monday, December 5.

Pernod To Sell Mexican Brandies And Wines To Emperador-González Byass Joint Venture

Pernod Ricard has agreed to sell Mexican brandies Don Pedro, Presidente and Azteca de Oro, as well as a Mexican winery, to Bodega Las Copas, a 50-50 joint venture between González Byass and Grupo Emperador Spain. The deal, which is expected to close by mid-2017, is part of Pernod’s effort to streamline its portfolio and increase focus on its priority spirits and wine brands. Pernod acquired the Domecq business in its joint 2005 purchase of former global spirits player Allied Domecq with Fortune Brands (the then parent company of Beam Inc.).

Bodega Las Copas says the deal will reinforce its presence in the global brandy category. Emperador’s namesake brandy, controlled by Chinese Filipino billionaire Andrew Tan’s Alliance Global Group, is the third-largest spirits brand worldwide at 33.5 million cases, according to Impact Databank, deriving much of its volume within the low-priced Philippine brandy market (although it also has a foothold in Canada and other global markets, where it sells at higher price points). González Byass’s existing brandy stable includes Spanish labels Soberano ($25-$30) and Lepanto ($55), which are marketed in the U.S.

News Briefs:

•Beverage alcohol delivery provider Drizly has entered Connecticut and Ohio. The service is now available in Connecticut’s New Haven, Hartford, Farmington and Fairfield County areas through partnerships with retailers Beverage Boss, Capital Spirits, Wine Cellars 4, BevMax and LQR MKT. In Ohio, Drizly has linked with Arena Wine and Spirits, Middletown Fine Wine & Spirits, Corkscrew Johnny’s and Chagrin Wine & Beverage to enter Columbus, Middletown, Akron and the Cleveland suburbs. Drizly’s backers include the Wine & Spirits Wholesalers of America (WSWA), which purchased a minority stake in the company last year.

•The court battle between Ste. Michelle Wine Estates and Treasury Wine Estates over TWE’s The Stag brand continues. In mid-November, the U.S. District Court for the Northern District of California dismissed Ste. Michelle’s trademark infringement suit against TWE, which claimed Treasury aimed to mislead consumers into thinking The Stag is associated with Napa Valley’s Stags Leap District. Ste. Michelle subsequently filed an amended complaint, which TWE fired back against yesterday with a new motion to dismiss. In its new motion, TWE questions how consumers could possibly confuse The Stag’s provenance when it’s an Australian brand produced by St. Huberts winery, which has been associated with imagery of a stag for well over a century, and when, according to TWE, there’s “absolutely no link made to Stags’ Leap Winery or The Stags Leap District.” A hearing is scheduled for December 22.

•Mike Jaeger is leaving C. Mondavi & Family just one year after taking the helm as the St. Helena, California-based wine company’s president and CEO. Jaeger, who was tapped to lead C. Mondavi in November 2015 after four years as the company’s chief operating officer, has been replaced on an interim basis by longtime drinks industry executive John Lennon. Lennon joins C. Mondavi after previously holding top posts at such companies as A-B InBev, Pabst, Pyramid Breweries and Interbev. Owned by the children and grandchildren of Peter Mondavi Sr., C. Mondavi is the 20th-largest wine U.S. wine marketer, with annual sales of nearly 2 million cases, according to Impact Databank. Its portfolio is led by C.K. Mondavi, Charles Krug, Divining Rod and Purple Heart.

Craft Brewing and Distilling News:

•Vermont Cider Co. has made its entry into the high-end cider segment with the launch of two new labels. Billed as a semi-dry cider, Vermont Cider’s Addison is a year-round offering, made with premium yeasts, longer fermentations and no added sugars. It’s joined by Wassail, a rum barrel-aged seasonal infused with mulling spices such as vanilla, ginger and cinnamon. Initially rolling out across the Northeast, Addison will be available in six-packs ($10.99 each), four-packs and on draft, while Wassail will be sold solely in four-packs ($10.99 each). A subsidiary of Ireland’s C&C Group, Vermont Cider Co.’s products are distributed in the U.S. by Pabst Brewing. The company’s brands also include Woodchuck, Gumption, Wyder’s, Magners Irish Cider and Blackthorn.

•Boynton Beach, Florida’s Due South Brewing Company has added Citrafied, a new Citra Pale Ale, to its year-round lineup. Available in 12-ounce cans and on draft, Citrified will roll out across Florida in December. The 5.1%-abv offering marks the fourth expression in Due South’s year-round stable, joining the brewer’s Category 3 IPA, Category 5 IPA and Caramel Cream Ale.

•Correction: In the November 28 issue, Huneeus Vintners was incorrectly identified as the owner of Chile’s Veramonte. In fact, Spain’s González Byass acquired a majority stake in Veramonte earlier this year.

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