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News

In the news today, the Ministry of Primary Industries in New Zealand brought a case against Southern Boundary Wines alleging they exported fraudulent wines overseas. While an analyst at the Wall Street research and brokerage firm Bernstein examines the growing category of low- and no-alcohol beers, Colorado distributors anticipate competition in 2019 due to retail stores being allowed to sell full-strength beer. And, Forbes examines a new eCommerce data hub for the beverage alcohol industry from the creators of the Drizly app. This is the news we’re thinking about here at SevenFifty Daily.

Monday,
August 7, 2017
1. The Guardian

New Zealand: thousands of bottles of allegedly fraudulent wine exported →

The Ministry of Primary Industries has brought a landmark case against Southern Boundary Wines of north Canterbury, alleging they produced and exported thousands of fraudulent bottles of New Zealand Sauvignon Blanc and Pinot Noir. They allege that Southern Boundary Wines has produced wine for their own brand and others, which gave misleading information relating to vintage, variety, and origin.
2. Fortune

Bernstein analyst examines the growing category of low- and no-alcohol beers →

Bernstein analyst Trevor Sterling considers whether consumers’ shift toward health and wellness could make low- and no-alcohol beers one of the fastest-growing categories in beer. According to insights firm GlobalData, low- and no-alcohol beers increased to 5.2 percent annual growth. The rate of growth made the category a “major priority” for big brewers, Sterling says.

3. Coloradoan

In Colorado, distributors anticipate competition from retail in 2019 →

Retailers currently capped at selling 3.2 percent alcohol beers will be allowed to sell full-strength beer and malt beverages when production of low-alcohol beers ceases in 2019. Approximately 1,600 liquor stores are expecting to see double the competition.

4. Forbes

Forbes examines a new eCommerce data hub for the beverage alcohol industry →

The creators of the Drizly app recently launched the Drizly Data Distillery (DDD), a new hub that features aggregated data from four years of eCommerce transactions that were facilitated by Drizly’s platform. The DDD hub is designed to provide insights and analysis to Drizly retailers and producers and to help them with strategy and marketing decisions, as well as promotional campaigns.

 

Monday
August 7, 2017

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