(by Shanken News Daily) Shanken News Daily sister publication Impact Newsletter has chosen its latest crop of “Hot Prospects”—the U.S. market’s most promising wine and spirits growth brands. The winners must have annual depletions of at least 50,000 cases and no more than 200,000 cases, while having achieved at least 15% growth in 2010 and solid progress in the two years prior to that.
A total of 72 brands are on this year’s list, 28 of which sold more than 100,000 cases. Several are likely to pass the 200,000-case threshold and enter Impact “Hot Brand” territory by year-end—including Beam Inc.’s Red Stag, Kendall-Jackson’s Murphy-Goode and Royal Wine Corp.’s Bartenura.
In addition to Red Stag, spirits Hot Prospects over the 100,000-case mark include DonQ rum (Serrallés USA), RonDiaz (Crosby Lake Spirits), Wild Turkey American Honey liqueur (Skyy Spirits), Russian Standard Original vodka (Russian Standard USA), Familia Camarena Tequila (Gallo), Pearl vodka (Luxco), Milagro Tequila (William Grant & Sons USA), Ruskova vodka (AnSon Imports) and Hendrick’s gin (William Grant & Sons USA). A further 11 spirits Hot Prospects winners were at less than 100,000 cases.
In wine, Hot Prospects at more than 100,000 cases include Bandit (Rebel Wine Co./Trinchero), Pacific Rim (Banfi), Noble Vines (DFV Wines), Redtree (Cecchetti Wine Co.), Little Black Dress (Excelsior Wine Co.), Middle Sister (Canopy Management), Newman’s Own (Rebel Wine Co./Trinchero), HobNob (WJ Deutsch & Sons), Cantine Riondo (Riondo USA), Don Miguel Gascon (Gallo), Down Under Cellars (Bronco), Matua Valley (Treasury Wine Estates Americas), Catena (Winebow), New Age (Quintessential Wines), Fünf (Schmitt Söhne) and Lunetta Prosecco (Palm Bay International). Some 33 wine brands under 100,000 cases also achieved Hot Prospect status.
Brand competitors, distributors and retailers will be watching closely to see whether these Hot Prospects can maintain momentum over the course of the next several years to become big-volume brands. A complete list and a report on the 2010 Hot Prospect winners will be published in Impact’s October 1&15 issue.