Wine & Spirits Daily

  • Edrington to Sell Off Cutty Sark, Glenturret
    on June 22, 2018 at 4:39 pm

    Edrington revealed in its fiscal year-end report this morning that it will be putting Cutty Sark and Glenturret brands up for sale in order to focus on its more premium collection. The sale process will being this summer, per a statement from the company. […]

  • Survey: Spirits Attract More Multicultural Consumers than Wine
    on June 21, 2018 at 7:47 pm

    You can never have too much consumer data, dear readers. Consumer analytics firm TABS Analytics recently shared some good numbers on who's buying what, how often and where. […]

  • Interstate Shipping Debate Comes to Cali
    on June 20, 2018 at 6:58 pm

    There's more fuel to add on the fire that is interstate shipping debate. This time, Florida-based Orion Wine Imports filed a lawsuit against California, challenging the laws that prohibit out-of-state wine importers from selling directly to retailers in the state. […]

  • What's in a Valuation?
    on June 19, 2018 at 8:15 pm

    As the rate of craft brand acquisitions continues apace, one of the most frequent questions your editors hear is "What's the going valuation?" […]

  • Hood River Regroups After Pendleton Sale
    on June 18, 2018 at 6:58 pm

    Last year, Oregon's Hood River Distillers sold off its flagship brand Pendleton whisky to Cuervo for a tidy sum of $205 million [see WSD 12-14-2017]. Having divested the portfolio's leading brand, 2018 will be a transition year for the company as they reorganize the portfolio and corresponding sales divisions, while making some changes in route to market. […]