NZ wine exports hit record high driven by strong US sales
The New Zealand wine industry has continued to prosper, with export values reaching $1.66 billion in 2016. The United States demand for New Zealand wine has steadily increased in recent years and has led it to become the third most valuable wine import after French...
Anheuser-Busch Pauses Beer Production to Send Water to Victims
The Anheuser-Busch brewery located in Cartersville, Georgia paused its beer production on Monday to instead ignite their emergency drinking water program. Over 155,000 cans of water were sent to Hurricane Harvey victims who are still suffering in the aftermath of the...
Traces of 6,000-Year-Old Wine Could Rewrite Italy’s Winemaking History
The discovery of a storage jar in Italy could link the creation of winemaking as far back as 4,000 BC. Currently, the initiation of wine growing and production in Italy has been dated to 1300 BC based on ancient storage containers and evidence of old wineries. This...
Italian Prosecco Challenges French Champagne Popularity
In recent years, Champagne sales have wavered in the market. Prosecco, on the other hand, only seems to be gaining strength. Meininger’s Wine Business International reported that the worldwide sales of prosecco amounted to a remarkable 302 million bottles in 2016,...
Italian Prosecco Challenges French Champagne Popularity
In recent years, Champagne sales have wavered in the market. Prosecco, on the other hand, only seems to be gaining strength. Meininger’s Wine Business International reported that the worldwide sales of prosecco amounted to a remarkable 302 million bottles in 2016,...
Wine Industry in Oregon Expands to 725 Wineries, Over 30,000 Vineyard Acres
In 2016, the Oregon wine industry sales grew by 12 percent to $529 million. The Oregon Wine Board reported that there are now 30,455 acres of vineyard throughout the state, producing for 725 wineries. Case sales have increased by 10 percent and direct-to-consumer...
The next big thing for wine lovers may be canned wine
Within the past few years cans have swept through the craft beer industry and many of the top breweries don’t even bother with glass anymore. There was a time not long ago when drinking beer or wine out of a can was looked down upon by the connoisseurs of their...
Nielsen Spirits Update – Sept 2017
Distilled spirits dollar sales were up 2.6 percent in the month of July, which was slightly above the 2.4 percent growth seen over the last 3 months. Across brown spirits, bourbon, Canadian whiskey, and Irish whiskey outperformed the total category, while tequila...
Hurricane Irma – Park Street Update
Thanks again for all of the well wishes we have received over the past several days. Our Miami office never lost power and we have been open since Tuesday. While everyone at Park Street is safe, several of our team members are still dealing with getting their personal...