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Market WatchMarket Watch

Market Watch

July/August 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
Utgivare:
M Shanken Communications
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KÖP NUMMER
81,34 kr(Inkl. moms)
PRENUMERERA
610,07 kr(Inkl. moms)
10 Nummer

I DETTA NUMMER

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the opici story

It’s quite a legacy. More than a century ago, Italian immigrants Joseph and Esther Opici launched a tiny wine importing business in New Jersey and, from such modest beginnings, their company has grown to become a diversified enterprise and a force in the industry. Its supplier arm, Opici Wines, today boasts a portfolio of 35 wines and eight spirits, with a total volume of 700,000 cases and annual revenues of $40 million. The wholesale division, Opici Family Distributing, operates in seven eastern states and Washington, D.C. and handles 1,400 wine and spirits brands—with total annual volume at 3.3 million cases and revenues at $350 million. From that impressive base, Opici continues to grow at a healthy clip, particularly on the wine side. In 2018 Opici Wines posted growth of 12%, and…

access_time1 min
market watch

Editor and Publisher Marvin R. Shanken Editorial Director Michael D. Moaba Executive Editor David Fleming Senior Editor Susannah Skiver Barton Associate Editor Julia Higgins Copy Editor Danielle Palecek Driscoll Editorial Assistant Jessica Beebe Contributing Editors Terri Allan, Kevin Barry, Amber Drea, H. Lee Murphy, Laura Pelner, Jean Deitz Sexton, Carol Ward RESEARCH Director of Research Juan Banaag Senior Market Research Manager Natalia Razzo Market Research Analysts Callie Eidler, Daria Saenko ART & PRODUCTION Art Director John Thompson Photo Editor Casey Oto Assistant Photo Editor Karissa Maggio Director of Technology Michael Turro Imaging Associates Samantha Saffer, Eli Halpern Pre-press Coordinator David Boulanger Pre-press Assistant Eric Cheung Vice President Production Kevin Mulligan Associate Art Directors Lisa Aurigemma, Todd Miller Designers Henry Eng, Diana Witkowski Promotions Designer Lisa George I.T. Manager Enrique Velez Director of Digital Media James LaPorte ADVERTISING Vice President, Advertising Director Stephen Senatore Advertising Services/Production Jenny Jaikaran, Christina Chiaffitella Vice President Custom Media Don Gatterdam East Coast Advertising Headquarters Telephone: (212)…

access_time4 min
through the glass

RNDC And Young’s Join Forces….Republic National Distributing Co. (RNDC), the U.S. market’s second-largest spirits and wine distributor, is joining forces with fourth-ranked Young’s Market Co. Pending regulatory approval, the two sides will form a joint venture to operate in all markets where Young’s is now present, creating an $11 billion wholesale giant with a 33-market footprint. The move represents something of a bounce-back for RNDC, following the recent termination of its proposed merger with Breakthru Beverage Group. RNDC will lead operations in all 33 markets and become managing partner of the joint venture for the Young’s states, which will continue to be called Young’s Market Co. Key executives come from RNDC: president and CEO Tom Cole, COO Bob Hendrickson, and CFO Nick Mehall. A board of directors comprised equally of executives…

access_time5 min
openings

NYC: Cocktail Guru Opens Agave And Whiskey Bar Mixology empire Cocktail Kingdom—which encompasses a hospitality group as well as the manufacturing and distribution of barware and artisan bitters—unveiled its newest project in New York City in May, opening The Cabinet in Manhattan’s East Village. The new bar from Greg Boehm and his team focuses on mezcal, Tequila, and rye whiskey, offering roughly 80 agave distillates and 20 ryes, including exclusive and rare brands and bottlings. The menu offers both cocktails and flights. Standout drinks include the Caminante, made with jalapeño-infused Azteca Azul Plata Tequila, Giffard Menthe Pastille liqueur, Giffard orgeat syrup, and lemon juice, and the Romero, mixing Rey Campero Espadín mezcal, Distilleria Alpe’s Herbetet Génépy, and Rhine Hall Mango brandy, garnished with fresh rosemary (specialty cocktails are $15). The Cabinet’s…

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events

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new products

The Balvenie Stories William Grant & Sons has launched The Balvenie Stories, a collection of three single malt whiskies. The Sweet Toast of American Oak ($60 a 750-ml.) is a 43% abv, 12-year-old whisky finished in twice-toasted virgin oak casks from Kentucky. The Week of Peat ($99), a 48.3% abv 14-year-old expression, replaces The Balvenie Peat Week, an annual release that first launched in 2017. Both labels are permanent additions to the portfolio. The third expression, A Day of Dark Barley ($799), is a 26-year-old, 47.8% abv limited edition, distilled partly from heavily roasted dark barley. All three whiskies are available nationwide, with additional releases in the Stories collection to come in the future. For more information, visit Thebalvenie.com. Camarena Añejo Camarena Tequila, part of the E. & J. Gallo spirits portfolio, is…

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