Monday, August 14, 2017

Is rosé still cool? You be the judge


(Baby: What are you looking at?)

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Wednesday, August 9, 2017

What's next for Anchor Distilling?

One of Anchor Distilling's most popular imports
Anchor Brewing Company was sold last week to Japan's Sapporo Brewing Co. for $85 million. But Anchor Distilling was not part of the deal.

I was surprised to learn Anchor Distilling is actually more profitable now than Anchor's much better known beers. The beer-based reason for the sale has been covered well by other sites, notably the San Francisco Chronicle. I called Anchor Distilling President and CEO Dennis Carr to learn more about what the newly independent spirits company will do next.

The answer turns out to have international implications, starting in London.

A brief background on Anchor Distilling: It was founded in 1993 as an offshoot of the brewery. It opened with two locally made products -- Junipero Gin and Old Potrero Rye -- that were as ahead of their time in the craft booze movement as Anchor Steam beer once was. It has expanded its business immensely by importing and selling craft spirits made in other countries, including bartender favorites like the Tempus Fugit spirits and Luxardo Maraschino liqueur (and the cherries.)

In 2010, the entire Anchor business was sold to former Skyy Vodka execs Tony Foglio and Keith Greggor. They sold the beer business last week and Carr said they took on the famous London-based beverage merchant Berry Bros. & Rudd as a partner for the distillery business.

Now Anchor Distilling has to look for a new building, but Carr said the distillery's 50 employees nationwide are expected to move with them.

The Gray Report: I was shocked to learn the distilling business is more profitable than the beer.

Dennis Carr: The beer category has become a crowded category. Premium spirits have been on the rise. These trends have been going on for the last two or three years. At this point, the spirits business is larger than the beer business.

TGR: Where are you planning to relocate?