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Indiana’s Alcohol Code Revision Commission meets regarding changes to alcohol legislation

The Indiana General Assembly formed the Alcohol Code Revision Commission to review nearly 2 dozen recommendations for changes to the state’s current alcohol legislation.  Some of the main items that were discussed include, but are not limited to, cold beer and Sunday sales, Sunday carryout sales, areas to sell alcoholic beverages, mandatory carding, and minors in package liquor stores.  The commission will reengage following the holidays on December 1st. Source: Kokomo Tribune, November,...

Republic National Distributing Company and Breakthru Beverage Group to Form $12 Billion Company with Cross-Continental Reach

Republic National Distribution Company (RNDC) and Breakthru Beverage Group (BBG) have announced on Monday, November 20th that they will be merging their companies in the hopes of establishing a more inclusive, sustainable and innovative platform throughout the United States and Canada. “Together, our deep bench of focused, diverse associates will bring great and unique advantages to our suppliers, our customers and the consumers who enjoy the products we represent,” announced RNDC President & CEO Tom Cole. Expected to finalize in spring of 2018, the agreement will unite the second and third largest distribution companies, representing over $12 billion worth of sales. Their combined footprint will reach 30 states as well as Canada. Source: Republic National Distributing Company, November...

The Craft Beverage Modernization and Tax Reform Act details

The bill contains the following provisions for wine: It expands tax credits for all wineries. The old system would be replaced by a new tiered credit system for wine produced domestically: $1.00 credit for the first 30,000 wine gallons produced $0.90 credit for the next 100,000 wine gallons produced (30,001 to 130,000) $0.535 for the next 620,000 wine gallons produced (130,001 to 750,000) All wine produced over 750,000 gallons will be taxed at the regular rate Removes the existing prohibition against claiming the credit for naturally sparkling wines Expands the alcohol threshold for table wine from 14 percent to 16 percent for the lowest tax rate Increases carbonation tolerance levels for low alcohol wines Source: WineAmerica, October...

U.S. Senators support comprehensive alcohol excise tax reform

Currently 52 U.S. Senators have co-sponsored the landmark tax reform bill called the Craft Beverage Modernization and Tax Reform Act of 2017 (S.236). Just a few weeks ago a Republican from Ohio and Democrat from California signed on to support the bill to give it a majority. The bipartisan bill was introduced in January of this year by Senator Ron Wyden (D-OR). The Craft Beverage Modernization and Tax Reform Act seeks to lower the tax burden for all domestic wineries, breweries and distilleries. It is the first proposed bill that would reform the federal excise tax system for all three major alcohol sectors. A companion bill has also been introduced by Representative Erik Paulsen (R-MN-3) in the House and currently has 281 co-sponsors. The bill now has a clear majority in both the Senate and the House. Source: WineAmerica, October...

Bar Convent Brooklyn Announces Support From Leading Spirits Companies and Director of Education

Bar Convent Brooklyn 2018, Bar & Beverage Trade Show June 12 & 13, 2018, Brooklyn Expo Center BAR CONVENT BROOKLYN ANNOUNCES SUPPORT FROM LEADING SPIRITS COMPANIES AND DIRECTOR OF EDUCATION NORWALK, Conn. (November 14, 2017) – Reed Exhibitions, the world’s leading events organizer announced today that leading beverage alcohol brands will deliver a unique display of premium products and world class education at the 2018 launch of Bar Convent Brooklyn (BCB), June 12 & 13 at the Brooklyn Expo Center in Brooklyn, NY. An extension of Bar Convent Berlin, Bar Convent Brooklyn provides bar and beverage professionals with opportunities to network with peers and learn about new trends, techniques and products in the domestic and international markets. “We are pleased to announce that Bar Convent Brooklyn will feature industry leaders Bacardi U.S.A., Campari America, Moët Hennessy and Pernod Ricard USA as Presenting Sponsors,” said Paula November, Vice President of Bar Convent Brooklyn. “Their insight and influence will enable us to deliver the quality of products and learning opportunities that discerning bar and beverage professionals need to elevate their craft and career. We are also honored to have the support of our Platinum Sponsors Brown-Forman Corporation, E&J Gallo and William Grant & Sons, along with our Premier Media Sponsor, Liquor.com, and our Import and Wholesale sponsor, Park Street.” Since the announcement of BCB in spring 2017, the event’s content has taken shape and expanded to include exclusive features, such as taste forums, demonstrations and education sessions from international as well as domestic industry experts. A curated selection of purveyors of premium spirits, mixers and bar equipment continues to join the...

Widening gap between average bottle price for cork and alternative closures

New data suggests that there is a widening gap between the average bottle price of cork-closed wine and wine that is sealed with alternative closures. According to research from on-trade analysts CGA, bottles with cork account on average for over $4 more per bottle than those with screwcap or other closures. The research looked at sales figures for the top 50 still wine brands by volume. Volume figures also pointed to more cork-closed wine being sold in general. The data showed an increase in the price of cork-closed wine of over 11 percent since 2015, compared to a 6 percent increase for alternative closures. Volume numbers showed an even bigger disparity with cork wines having grown by 48 percent since 2015, compared to a 10 percent increase for alternative closures. Alternative caps may be the future, but the data shows that consumers right now still prefer their traditional cork closures. Source: Harpers.co.uk, October...

Nielsen Spirits Update

Distilled spirits dollar sales were up 1.1 percent in the month of October, which was slightly below the 2.1 percent growth seen over the last 3 months. Across brown spirits, bourbon, Canadian whiskey, and Irish whiskey outperformed the total category, while tequila continued its rein as the only outperformer in white spirits. Total distilled spirits dollar sales also grew by 1.1 percent in the month of October, which was also slightly below the 2.1 percent growth seen over the last 3 months. Volume was up by .3 percent as price/mix contributed .8 points to overall performance. Brown spirits remained strong, with bourbon, Canadian whiskey and Irish whiskey all posting better than category numbers larger than 4 percent growth. Across white spirits, tequila posted sales growth of 7.6 percent and vodka was up only .1 percent. Source: Cowen, October...

Red blend wines are more popular than ever

Red blend wines are trending with both consumers and the U.S. wine industry. American consumers have been trending towards wines that pair better with rich foods they enjoy, and wines with recognizable names and labels that minimize the intimidation factor of having so many choices today. The industry’s advances in the supply chain in recent years have also contributed to the increase in the possible blends and quality of red blends available today. While many wines have traditionally been blended, until recently they weren’t widely promoted as blends on the label. The modern trend in red blends began a decade ago with two primary wines: Menage a Trois by Trinchero Family Estates and Apothic by E. & J. Gallo. Both wines and blends in general show no sign of slowing down in popularity anytime soon. Source: Sevenfifty.com, October...

The 2017 Athens Bar Show was a great success!

Since 2010, the Athens Bar Show has been an informative exhibition offering the opportunity for bar industry professionals to educate and learn from one another. This past Tuesday, Park Street CEO, Harry Kohlmann, spoke at the renowned show and offered expert insight with his presentation ‘Route to Market Strategies for Spirits in the U.S.’. The United States proves to be complex with varying state regulations and barriers to entry. This presentation provides development and execution strategies for entering key states within the U.S., addressing major topics, such as commercial and industry trends, strategic development and execution, US market industry insights, and distribution options. With over 8,000 attendees, The Athens Bar Show proves to be a successful platform for professionals to exchange ideas and improve the ever-growing bar...

Ultimate Spirits Challenge and Ultimate Wine Challenge 2018

The Ultimate Beverage Challenge is an innovating company that since 2010 has set the platinum standard for modern alcoholic beverage competitions. Entries are now being accepted for their Ultimate Spirits Challenge 2018 and also for their Ultimate Wine Challenge 2018. Both events will take place at the state of the art UBC Evaluation Center, located in Hawthorne, NY. Award winning journalist, author, and judging Director F. Paul Pacult will supervise all of the judging for both events. Entries for the Ultimate Spirits Challenge will be accepted through February 21st 2018 with judging set to take place throughout March 2018. Entries for the Ultimate Wine Challenge will be accepted until May 4th 2018 with judging set to take place throughout May 2018. Source: Ultimate Beverage Challenge, October...