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Park Street Companies Releases the 2018 Craft Spirits Data Project

Park Street Companies has teamed with the American Craft Spirits Association (ACSA) and the International Wine and Spirits Research group (IWSR) to develop and release the Craft Spirits Data Project for a third year. To receive a copy of this year’s Craft Spirits Data Project please email: info@parkstreet.com KEY FINDINGS AND HIGHLIGHTS The craft distilling industry sold nearly 7.2 million cases in 2017, up 23.7% in volume over 2016, with $3.7 billion in sales and 29.9% growth by value. The number of active craft distilleries* in the U.S. grew by 15.5% over the last year to 1,835 distilleries. Craft Spirits industry investment has doubled over the past two years. Exports are up 5.7% since 2016 with more than half a million cases exported. Distillery and tasting room sales make up 40% of all sales for small craft distilleries, while out of state sales make up 62% for larger craft distilleries. Some states are “craftier” than others, with California, New York, Washington, Texas, and Colorado. Federal Excise Tax (FET) reform is helping to stimulate craft spirits growth. PROJECT BACKGROUND AND METHODOLOGY The Craft Spirits Data Project © 2018 is a proprietary research project whose goal is to provide a solid and reliable fact base for evaluating performance and trends in the U.S. craft spirits industry. The Craft Spirits Data Project, which was first announced and presented in 2016, is the beverage industry’s first-ever comprehensive craft distilling study. The Project quantifies the number, size, and impact of craft spirits producers in the United States. Together, the ACSA, Park Street, and the IWSR launched the Craft Spirits Data Project in October, 2015. 2018...
Craft Spirits Data Project

Third Annual Craft Spirits Data Project – September 25, 2018

Economic Briefing led by Park Street, ACSA and IWSR New York – The Craft Spirits Data Project (CSDP) is planning its third annual release next week. The study was developed by and Park Street Companies (Park Street), The American Craft Spirits Association (ACSA), and The International Wine and Spirits Research (IWSR) to provide reliable data and analyze trends in the U.S. craft spirits industry. The three companies will meet on Tuesday, September 25 for the Economic Briefing to discuss 2017 findings. The CSDP was first announced and presented in 2016 and is the beverage industry’s first-ever and exclusive comprehensive craft distilling study. The program collects data from distillers, distributors and retailers to analyze the impact of craft spirits producers in the United States. The Craft Spirits Data Project and Economic Briefing aims to create a deeper understanding of the U.S. craft spirits landscape across the three tier system to determine how this could affect the future of the industry. The Crafts Spirits Economic Briefing will occur on Tuesday, September 25, 2018 at 10:00am EST at Fine & Rare, 9 E 37th St, New York, NY 10016. Featured speakers include Harry Kohlmann, Ph.D, CEO, Park Street; Adam Rogers, Research Director, The IWSR; Margie A.S. Lehrman, Executive Director, ACSA; and Thomas Mooney, CEO and Co-Owner, Westward Whiskey and Inaugural President, ACSA....
Bar Convent Berlin

Park Street University, Seminars for Drinks Entrepreneurs: Presenting at Bar Convent Berlin

Berlin, Germany – Park Street Companies will be hosting Park Street University, Seminars for Drinks Entrepreneurs at Bar Convent Berlin 2018. Following success at Bar Convent Brooklyn, Park Street University will be returning to the Berlin-based trade show to offer a syllabus of educational seminars and panels, discussing a variety of topics pertaining to the alcoholic beverage industry. Bar Convent Berlin 2018 will take place on October 8, 9 and 10 at Station Berlin & Kühlhaus Berlin. Recognized as the leading industry trade event, the show will serve as a channel between premium brands and influencers in the bar and beverage industry across the globe. The show offers a place to network, share knowledge, explore the newest trends and products, and achieve business opportunities. Park Street University is comprised of training and educational sessions for alcoholic beverage industry professionals, including importers, distributors, suppliers, brand marketers, and more. Park Street University provides a dynamic platform discussing the industry’s latest topics ranging from route-to-market strategies to finance to e-commerce.  Park Street University: The Seminars for Spirits Entrepreneurs will offer a program of presentations led by industry leaders where brand owners can take the opportunity to learn from leading professionals, spearheaded by Park Street CEO Harry Kohlmann, PhD. Please refer to the below listing for a schedule of the speaking engagements.   Monday, October 8 at 12:00pm EU Route to Market Strategies Harry Kohlmann, PhD, CEO, Park Street Companies   Monday, October 8 at 2:00pm Growing Your Drinks Brand: The 5 Things to Get Right Dan Gasper, Drinks Entrepreneur   Monday October 8 at 4:00pm Duty Free: How to Make It Work...
Barra Mexico Presentation

Park Street CEO Dr. Harry Kohlmann Conducts Successful Presentation at Barra Mexico

Mexico City, MX – On June 10th and 11th, 2018, Barra México, the leading trade show for premium spirits in Latin America, welcomed bar industry professionals from over 41 countries to Mexico City, which boasts one of the world’s most dynamic cocktail cultures. Over 135 alcohol producers from all over the world gathered at the CitiBanamex Center to present their products to trade professionals, partake in tastings, and attend seminars geared toward enhancing market and brand development. On Sunday, June 10, Park Street CEO Dr. Harry Kohlmann offered a presentation on Routes to the U.S. Beverage Alcohol Market for Entrepreneurial Brands, granting insight towards accessing target markets in the U.S. as a developing brand overseas. Dr. Kohlmann discussed the constantly evolving industry and posed potential solutions to navigate through various distribution obstacles in a highly regulated and consolidated landscape. He provided pathways to effectively identify and address customer and consumer needs for brands with international growth ambitions. Pioneered by Dr. Kohlmann and President Chris Mehringer, Park Street offers an innovative platform for craft wine and spirit brands to penetrate the U.S. market. Park Street is a leading provider of productivity-enhancing and cost-saving back-office solutions, advisory services, and working capital to several thousand alcoholic beverage brands from the US and around the world. The company’s clients range from entrepreneurs to multi-brand global suppliers, and include craft distillers, centuries-old family businesses, award-winning wineries, innovation brands, and more. Barra Mexico 2018 was held at the CitiBanamex Center at Lomos de Sotelo, Hipodromo de las Americas, 11200 Miguel Hidalgo, Mexico City. Barra Mexico is a yearly event. For more information or to request...

Park Street Sponsors Emerging Brands at Bar Convent Brooklyn

Brooklyn, NY – The first ever Bar Convent Brooklyn (BCB) will take place next Tuesday, June 12 and Wednesday June 13. As an expansion of the event from Berlin, BCB will serve as a channel between premium brands and influencers in the bar and beverage industry across the globe. The show offers a place to network, share knowledge, explore the newest trends and products, and realize great business opportunities. Park Street Companies has become closely linked with BCB, acting as the sponsor for the Emerging Brands Pavilion, spanning from booths # 311-1 through #311-25. It is here where new venture beverage brands will be able to present their product for attendees to taste and enjoy. Additionally, Park Street has arranged the Park Street University: Seminars for Spirits Entrepreneurs, a program of presentations led by industry leaders where brand owners can take the opportunity to learn from leading professionals, spearheaded by Park Street CEO Harry Kohlmann, PhD. Please refer to the below listing for a schedule of the speaking engagements. Tuesday, June 12th 2:00pm – 3:00pm US Route-to-Market Strategies in a Consolidated Distributor Landscape Harry Kohlmann, PhD, CEO, Park Street Companies   Tuesday, June 12th 4:00pm – 5:00pm Deal Making: Acquisitions and Valuations Moderator: Ryan Malkin, Esq., Principal Attorney, Malkin Law Panelists: Nick Papanicolaou, New Brand Ventures, Pernod Ricard USA Paul Hletko, Founder, FEW Spirits Kristen Bareuther, Managing Director, First Beverage Group Steve Luttman, Marketing & Ventures Director, Tortoise & Volt   Wednesday, June 13th 2:00pm – 3:00pm Self-Distribution 101 Susan Mooney, Founder & CEO, Spirits Consulting Group   Wednesday, June 13th 4:00pm – 5:00pm How to Build a Brand...

Park Street to hold booth at NABCA Annual Conference on May 21st – May 23rd in the Arizona Biltmore, Frank Lloyd Wright Ballroom

Phoenix, AZ – The National Alcohol Beverage Control Association will be holding their 81st annual conference next week, Monday, May 21 through Thursday, May 24 at the Arizona Biltmore. The Park Street Companies Booth will be located in the Frank Lloyd Wright Ballroom, Booth #207. Several Park Street clients will be showcasing their brands for attendees to taste and enjoy. NABCA’s mission is to protect public health and promote fairness in all business practices in the alcohol industry. During the NABCA Annual Conference, the Association provides attendees the opportunity to network with alcohol control board state officials and attend industry focused seminars. State officials are encouraged to visit each pavilion which provides brand owners the opportunity to showcase their products to key decision makers within the industry. Participating in NABCA’s annual conference can help increase a brand’s visibility and allows industry professionals to network with alcohol control board state officials. Pioneered by CEO Dr. Harry Kohlmann and President Chris Mehringer, Park Street offers an innovative platform for craft wine and spirit brands to enter and expand in the U.S. market. Park Street is a leading provider of productivity-enhancing and cost-saving back office solutions, advisory services, and working capital to several thousand alcoholic beverage brands from the US and around the world. The company’s clients range from entrepreneurs to multi-brand global suppliers, and include craft distillers, centuries-old family businesses, award-winning wineries, innovation brands, and more. NABCA’s Annual Conference will take place from Monday, May 21 to Thursday, May 24 at the Arizona Biltmore, located at 2400 E Missouri Ave, Phoenix, AZ 85016. The Park Street Companies Booth will be in the Frank...