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Inside Wine (Mar 14th, 2019)

1. In light of Forbes’ ranking of the world’s richest people, The Drinks Business took a look at who made their fortune in the alcohol industry. Bernard Arnault, head of LVMH — and the world’s fourth richest person — ranked highest among the booze sector. Several stakeholders in AB InBev, such as Carlos Alberto Sicupira and Marcel Hermann Telles, also made the list. — THE DRINKS BUSINESS

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2. Several consumer groups are pressuring the TTB to add nutrition information on wine labels. Citing alcohol as a major source of calorie consumption,Thomas Gremillion, the director of food policy at the Consumer Federation of America, says transparency is needed in order to help fight the battle against obesity. The TTB did not provide comment. — WINE-SEARCHER

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3. After a 50-year relationship, wine importer Banfi will no longer represent Riunite. The breakup is apparently mutual after both parties considered their long-term strategies; Banfi plans on focusing on premiumization and giving more attention to its Brunellos and Super Tuscans. Riunite and its brands will move to Frederick Wildman and Sons in June. — WINE BUSINESS

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4. A new study by Penn State suggests that liking the “grapey” flavors, often found in vitis labruscana, may be a learned response. The compound methyl anthranilate is responsible for this flavor that shows up in varieties like Niagara and Catawba. In the study, subjects from California and Pennsylvania were given Chardonnays spiked with this compound. The drinkers from PA— where these hybrid grapes are often cultivated — found the flavors more enjoyable than drinkers from CA, who generally have little exposure. — SCIENCE DAILY

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5. An Asian media mogul, only identified as “Mr. Chen,” bought Château de Cadillac-en-Fronsadais in Bordeaux for an undisclosed sum. The sale is part of a trend of Asian investors buying properties in the region.  — DECANTER

6. At last week’s Climate Change Leadership Conference, winemaker Gerard Bertrand announced plans for a new foundation called Origine Nature. It will officially launch in 2020 and focus on biodiversity.  — VITISPHERE

7. Anonymous sources say Pernod Ricard is considering selling off its wine division, which includes brands like Brancott Estate and Campo Viejo. The potential sale is valued at $500 million. — THE DRINKS BUSINESS

8. Meet five rising stars in Portland, Oregon’s beverage scene. From winemaker Alex Fullerton of Fullerton Wines to Lydia McLuen, bartender at The Hoxton Hotel’s Tope, these are the people who are making Portland a drinking destination. — SEVENFIFTY DAILY

9. According to Wine Intelligence’s Global Wine Brand Power Index for 2019, Yellow Tail was identified as the most powerful brand in the world. — HARPERS

10. País, long-often regaled to a simple table wine, is finding new fame with the discovery of old vines in the Canary Islands, California, and South America. — PUNCH

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Inside Wine is written and curated by Shana Clarke. Shana is a freelance journalist and regularly contributes to a variety of consumer and trade publications, including Wine Enthusiast, Playboy, HuffPost, USA Today’s Eat Sip Trip, and SevenFifty Daily, among others. Follow her on Instagram at @ShanaSpeaksWine and see more of her work on www.shanaspeakswine.com.

Editing team: Kim Lyons (Pittsburgh-based journalist and managing editor at Inside); Susmita Baral (senior editor at Inside, who runs the biggest mac and cheese account on Instagram); and David Stegon (senior editor at Inside, whose reporting experience includes cryptocurrency and technology).

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