Exclusive news and research on the wine, spirits and beer business
January 3, 2024. With the U.S. wine market facing uncertain economic conditions and increased competitive pressure from other drinks categories, total volume decreased an estimated 2% to 322 million 9-liter cases in 2023, according to Impact Databank. While case sales are down, the industry improved on its 2022 volume performance, and is ...
Impact Databank: French Wine Primed For Recovery In 2024
Aug 21, 2024 · Last year, French table wines’ share stood at 19% of total imports, compared to just 12.5% a decade earlier, according to the 2024 edition of The U.S. Wine Market: Shanken’s Impact Databank Review & Forecast. This year, French wines have continued to outperform, as volumes in IRI/Circana channels increased 3.4% in the year-to-date period ...
Shanken News Daily: Exclusive news and research on the wine, …
Shanken News Daily is a daily email news service covering the global spirits, wine and beer business. It is published by M. Shanken Communications, Inc., publishers of Impact Newsletter/Impact Databank, Wine Spectator, Whisky Advocate, Cigar …
Exclusive news and research on the wine, spirits and beer business
Apr 9, 2024 · Palm Bay’s portfolio is led by Italy’s Cavit, which ranks as the third-largest imported wine brand in the U.S. in volume terms at an estimated 3.76 million cases in 2023, according to Impact Databank. Fellow Italian label Roscato is another key Palm Bay brand, with annual volume of above 1 million cases. Lunetta Prosecco was at 210,000 ...
EVENTS - Shanken News Daily
Event Calendar •April 6, 2024 Big Smoke Meets Whiskyfest Seminole Hard Rock Hotel & Casino Tampa, Florida •April 26, 2024 Grand Tour New Orleans New Orleans Marriott New Orleans •May 4, 2024 Grand Tour Las Vegas Resorts World Las Vegas … Continue reading →
Exclusive news and research on the wine, spirits and beer business
Sep 7, 2021 · To qualify as Hot Prospects, brands must have achieved at least 15% depletions growth for 2020, while also showing consistent growth in the two preceding years. For spirits, brand volumes must be between 50,000 and 200,000 cases. Spirits Hot Prospects above the 100,000-case mark include On The Rocks cocktails, Corralejo Tequila, Salvador’s ...
Exclusive news and research on the wine, spirits and beer business
Dec 19, 2023 · What we are seeing, though, is some signs of de-premiumization driven by consumption frequency slowing across some of the highest price tiers, and an uptick in spirits in the $25-$35 range and wine in the $10-$20 range.”. “You can expect consumers to trade up for the holidays, but they will remain cautious with their spending,” adds Jenn ...
Exclusive news and research on the wine, spirits and beer business
Feb 14, 2024 · The fourth-largest mezcal brand, Proximo Spirits’ 400 Conejos, showed the strongest percentage growth of any of the leading brands in 2023. The brand jumped 78.3% and cracked 50,000 cases for the first time. For comparison, the brand depleted fewer than 500 cases as recently as 2019. Since then, it has doubled nearly every year.
Exclusive news and research on the wine, spirits and beer business
May 13, 2022. After gaining a massive customer base at the retail level, hard seltzers have been gaining steam on-premise, both on beer lists and as an ingredient on cocktail menus, and that’s accelerating as more restaurants and bars reopen after Covid-19 closures. Many brands are focusing on the on-premise as a key sector moving forward.
47th Annual Impact Marketing Seminar Program Announced
Apr 26, 2023 · The Seminar is hosted by Marvin R. Shanken, Chairman of M. Shanken Communications, and the moderators are Vice Chairman Michael Moaba; David Fleming, Senior Vice President, Wine & Spirits Editorial; and Daniel Marsteller, Vice President, Wine & Spirits Editorial. Prior to the Seminar, there will be a welcome reception from 6pm to 8pm on October 3.