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Tmall unveils beverage sales report for 2020 CNY celebration

Beverage sales in China are always at their peak before the celebration of each lunar new year and China’s e-commerce giant Tmall recently announced a detailed report on the exponential surge of beverage sales driven by the preparation for new year. According to the report, since the beginning of January 2020, the sales of beverage products in Tmall has experienced a growth of 198%. Sales of baijiu in particular have grown enormously, up 237% on the same period last year, followed by beer at 158%, wine at 156%, other spirits at 62% and the Chinese rice liquor huangjiu also at 62%. This...

WBWE Asia announces second edition in China

Posted in Beer, Spirits, Wine.

Following the success of its first edition, the World Bulk Wine Exhibition (WBWE) Asia will host the event again in Yantai, China, on 29-30 May 2020. Yantai is known as China’s most important bulk wine city, with more than 80% of the bulk wine that enters China each year doing so via the port of Yantai. Backed by the Chinese government, WBWE Asia places a strong emphasis on opening up the global market for Chinese wineries, as well as providing a platform for industry professionals around the world to meet and mingle. On the press conference of the second edition of WBWE Asia, Zhao Xinzhi,...

Two Big Retailers Share Beer Secrets

Posted in Beer, Industry.

Dear Client: How are top retailers setting their shelves? Staying profitable? How did they deal with White Claw out of stocks — especially as it’s now a top beer sku? We asked that of Whole Foods and Walmart beverage aces. Here’s what Jason Fremstad, VP, Adult Beverage, Walmart and Mary Guiver, Global Senior Category Merchant, … Continue reading “Two Big Retailers Share Beer Secrets” You are unauthorized to view this page. Read the full article

Your Way-Too-Early Read on Bud Light Seltzer

Posted in Beer, Industry.

Dear Client: Bud Light Seltzer has only been out in market for a week now, but distributors are already describing the launch to BBD as “incredible,” “exceptional,” and as one colorfully put it, “f***ing killing it.” Indeed, we’ve already heard of some distributors selling tens of thousands of cases in the first few days. In … Continue reading “Your Way-Too-Early Read on Bud Light Seltzer” You are unauthorized to view this page. Read the full article

Fine wine firm to pour one of world’s most expensive wines

Posted in Beer, Spirits, Wine.

Fine wine investment firm Oeno is to host its first portfolio tasting in February, featuring 25 wineries including Bordeaux’s Liber Pater and China’s Silver Heights. The company is divided into two branches: the investment division, called OenoFuture, and the trade side, named OenoTrade. Its first trade show will take place in London on 26 February in the Leadenhall Building. Supplying some of London’s leading restaurants, including City Social, The Cinnamon Club and Park Chinois, Oeno is looking to broaden its relationship with the trade and top sommeliers. Its portfolio...

Why Canopy Growth has delayed its cannabis drinks launch

Posted in Beer, Spirits, Wine.

Canopy Growth Corp has been forced to delay the launch of its first cannabis drinks. Canopy Growth CEO Bruce Linton As shares are marked down and product launches are delayed, the future is hazy for Canada’s biggest cannabis growing firm. Canopy Growth, whose largest shareholder is drinks giant Constellation Brands, has postponed the launch of a line of cannabis drinks as it hasn’t been able to scale its production to commercial levels yet. The grower had planned to launch its first cannabis drinks across Canada in January, but chief executive David Klein said it had only been able...

Beer named after drug lord awaits government approval

Posted in Beer, Spirits, Wine.

A beer named after the notorious and now imprisoned Mexican drug lord Joaquín Guzmán, known as ‘El Chapo’, which has been unveiled by his daughter, may soon go on sale. Image: Wiki Commons As reported by Univision, a Mexican company called El Chapo 701, run by Alejandrina Guzman Salazar, the daughter of El Chapo, is awaiting government approval after developing a beer brand. Part of the wider El Chapo 701 brand, which already includes a clothing line, the 4% ABV beer is made from malt, rice and honey, a spokesperson for the company told Univision. If granted approval,...

Burgundy 2018: Key points from a surprising vintage

Posted in Beer, Spirits, Wine.

A vintage that defied expectations and delivered a number of pleasant surprises especially in an area most weren’t expecting, the 2018 Burgundies provided an engaging week of tasting and discussion. It’s fair to say that the occasionally grey, windy and rainy conditions of London in mid-January were rather different to the prevailing conditions in which the 2018 vintage was formed. A mild winter started the year, followed by a cold snap in February turning to a good dose of rain into March, which would prove useful as rainfall dropped off dramatically throughout the summer months. Temperatures...

HUSA Chief on the “Infinite Game”

Posted in Beer, Industry.

Dear Client: Heineken USA chief Maggie Timoney took the stage at The Breakers this week. She opened up asking the audience if there were any Seinfeld fans in the room, because “this’ll be about 20 minutes of nothing,” she joked, as the company is in its quiet period. That didn’t prove true. She teased imminent … Continue reading “HUSA Chief on the “Infinite Game”” You are unauthorized to view this page. Read the full article

Bonhams’ latest online whisky sale targets at budding collectors

Posted in Beer, Spirits, Wine.

From 15 to 22 February, Bonhams is offering 180 lots of Japanese and Scotch whiskies as part of an online sale with an aim to attract young, budding collectors with estimated prices starting from as low as HK$3,000 (US$390) to just over HK$300,000 (US$38,600). The whiskies on offer comprise some of the most sought-after distilleries including Yamazaki, Karuizawa and Bowmore. In this sale, Bonhams says that, “many of the estimates are lower than the current market price”. Daniel Lam, Bonhams’ director of Wine & Spirits, Asia, commented: “Whisky collecting has become...

Category: Beer