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Tuesday, June 8, 2021

California's Grand Cru Vineyards

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This week, we investigate the new 'Grand Crus' appearing in California. We also check out the latest Napa Auction and, moving away from the Golden State, we take a look at the rise of Chardonnay in the Willamette Valley. Finally, we bring you the world's most wanted Burgundies.
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California's Grand Cru Vineyards Emerge

Vineyard designations are common in France, but they are now becoming more accepted in California, too.

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Napa Auction Brings in the Big Money

The buyers might not have all been in the room this year, but they were still spending.

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Willamette Valley: The New Burgundy?

It's best known for producing Pinot Noir, but could the Oregon AVA be the perfect spot for Chardonnay?

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The World's Most Wanted Burgundies

When it comes to the peak of wine collectibility, rarity spurs some incredible prices.

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Rum Category Saw Significant Boost in 2020

Volume 318 | June 8, 2021
Rum Category Saw Significant Boost in 2020

After years of declining sales, the rum category grew 4% to 23.3 million cases in 2020. As at-home consumption increased last year, retailers across the country reported increases in rum sales, with growth led by super-premium brands like Plantation (+41.2%), Kirk & Sweeney (+37%), and Diplomático (+54%).

In addition to premiumization, rum RTDs were another driver behind the category's increase. Both Bacardi and Malibu, two of the leading rum brands, launched RTD extensions to capitalize on the trend.

“We’ve seen a huge spike in off-premise sales that has mitigated some of the decline of the on-premise, and the outcome has been that we’re on track to deliver a phenomenal year on the Bacardi brand—one of the best that we’ve had in a while,” said Bacardi global senior vice president Ned Duggan.

Further reading: Market Watch
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