Mat og vin
Market Watch

Market Watch May 2019

Every issue features new product launches, restaurant and bar openings, innovative retail concepts and unique promotions for on- and off-premise establishments.

Land:
United States
Språk:
English
Utgiver:
M Shanken Communications
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1 min.
a most interesting company

Winebow has always been a recognized player in the drinks industry, but over the past several years, significant changes have taken place. Through a combination of acquisitions and expansion, the company has built a hybrid business model that includes both importing and distributing. While it’s not the only enterprise to pursue that two-pronged strategy, there’s something unique about Winebow. For a company of its scale, the breadth of its portfolio is pretty remarkable. And while some other players in this industry are losing out to consolidation, Winebow has gained momentum year after year, cementing its position as a business to watch. Read all about it in our cover profile, which starts on page 24. Elsewhere in this issue, we update you on progress in control states, where performances are stellar. With…

3 min.
through the glass

RNDC, Breakthru End Merger Talks…. After nearly a year and a half of talks, Republic National Distributing Co. (RNDC) and Breakthru Beverage Group have ended discussions about a merger of the two companies, the second- and third-largest wine and spirits wholesalers in the U.S., respectively. The companies have decided to move on due to delays from the Federal Trade Commission (FTC). With legal fees mounting, RNDC and Breakthru opted to withdraw their application to the FTC. Originally announced in November 2017, the merger of RNDC and Breakthru was expected to create a 30-state distributor that could mount a national challenge to 45-market player Southern Glazer’s Wine & Spirits. RNDC is projecting revenues of $8.1 billion this year, while Breakthru is expected to tally $5.4 billion in sales, according to Shanken’s Impact Newsletter.…

5 min.
openings

Portland: All-Star Bar Team Debuts Approachable Drinks Den A pair of Portland, Oregon bartenders unveiled 5 & Dime in the city’s Foster-Powell neighborhood in March. The new space, from cocktail enthusiasts Colin Carroll and Alex Gressler, is designed to be a drinks-centric version of the general stores that were popular in the early 1920s. 5 & Dime’s expansive beverage program includes draft cocktails and a variety of specialty and classic drinks, all priced from $7-$10. The classics at the bar include such whisk(e)y-based drinks as the Jim Beam Kentucky Straight Bourbon-based Manhattan and the Cutty Sark Prohibition Edition blended Scotch-based Rob Roy, as well as the Gilbey’s gin-based Gimlet and the Plantation 3 Stars White rum-based Mai Tai. These are joined by signature drinks like the Wednesday, made with Linie aquavit,…

1 min.
events

AS PICTURED: 1. Shaquille O’Neal joined T-Pain onstage during the annual Shaq’s Funhouse party, which featured a Grey Goose-sponsored open bar and carnival attractions including a Cirque Du Soleil performance, at Live! at the Battery in Atlanta on February 1. 2. Snowboarder Maddie Mastro celebrated her victory in the Women’s Halfpipe Finals at the Burton U.S. Open—sponsored by Stoli vodka—on Golden Peak in Vail, Colorado on March 2. 3. Musician Ivy Sole performed at the Bud Light SXSW Dive Bar Sessions in Austin, Texas as part of the 2019 SXSW music festival on March 15. 4. Rolling Stones lead singer Mick Jagger and ballet dancer Melanie Hamrick celebrated their collaborative ballet at The Fleur Room of the Moxy Chelsea hotel in New York City on February 26, during which a “Pretty in Pink” cocktail…

13 min.
new products

Bulleit 12-year-old Rye Diageo has extended its Bulleit brand with a new 12-year-old rye whiskey. Made with a mashbill of 95% rye and 5% malted barley, the whiskey is aged in new charred oak barrels for a minimum of 12 years prior to bottling. The 47% abv release ($50 a 750-ml.) is the first permanent addition to the Bulleit rye portfolio, which originally launched in 2011. Bulleit 12-year-old rye is available in Arizona, California, Colorado, Georgia, Illinois, Kentucky, Maryland, Massachusetts, New Jersey, New York, Ohio, Oregon, Texas, and Washington, D.C. For more information, visit Bulleit.com. Legent Bourbon Beam Suntory has launched a new Bourbon brand, created by Jim Beam master distiller Fred Noe and Suntory master blender Shinji Fukuyo. Legent ($35 a 750-ml.) blends straight Bourbon with Bourbons finished in red wine and…

3 min.
brand watch

Franzia For nearly a quarter-century, Franzia has been the largest-selling wine brand by volume in the U.S. This entry-level label has hovered at around 23 million 9-liter cases in the U.S. over the past few years, while retailing at approximately $17 a 5-liter box. This spring, Franzia’s owner, The Wine Group, is backing the brand with its first major marketing campaign in 35 years, which features a full packaging revamp as well as new products and line extensions. “The Franzia business has been healthy, but we want to make sure we keep it relevant over the long term,” says Jeff Dubiel, CMO of The Wine Group. “We have a large consumer base of millennials that come into the brand, and eventually they start to get interested in other wines and play…