One of 21 Wine Brands Recognized
BLOOMINGTON, Ind. (Oct. 17, 2022) – Oliver Winery, a national player in the sweet wine industry and the 28th largest wine operation in the U.S., has been named an Impact “Blue Chip” Brand for 2021. The award is given annually to the best-performing major players in the industry over the long term by M. Shanken Communications, the publisher of leading industry magazines such as Wine Spectator, Impact, and Market Watch.
Over the last decade, Oliver Winery has seen an average annual growth rate of 9.3%. Since 2014, it has more than doubled its geographic reach and now distributes in more than 40 states. In addition to the brand’s mainstay, Oliver Sweet Red, innovations in Real Fruit Moscatos and Bakery Series Apple Pie and Peach Pie remain huge drivers of success. Oliver Blueberry Moscato and Oliver Cherry Moscato are among the 10 best-selling Moscato 750ml in the country.
“We are honored to be recognized as one of the strongest brands in the wine industry,” said Julie Adams, CEO of Oliver Winery. “Over the last 50 years, we have remained true to our roots and are proud to represent refreshingly real wines on a national scale.”
A standout in the industry, Oliver is one of only 21 brands to earn the distinction. In a list dominated by West coast-based operations, Oliver Winery and Chandon — owned by LVMH with headquarters in Paris — are the only two headquartered outside of California. To earn honors for this prestigious award, brands must show at least 10 consecutive years of volume growth, or average annual compound growth of at least 0.5% from 2011 through 2020, with positive growth in at least eight of those 10 years. In addition, brands must maintain gross margins of at least $25 million in the last year.
The Impact Blue Chip Brand Award Winners are named in the October edition of Shanken’s Impact Newsletter and will be featured in the December issue of Market Watch.
About Oliver Winery & Vineyards
Founded in 1972, Oliver Winery celebrated its 50th year in 2022. Oliver Winery is now among the country’s 30 largest wineries, according to Wine Business Monthly. With its accelerated growth, the independent, Indiana-based winery was named to Shanken’s Market Watch “Impact HOT Brand List” three years in a row. Ranked among the top wineries to visit in the U.S. by Travel + Leisure and Forbes, Oliver continues to stay true to its roots producing refreshingly real, forward-thinking, approachable wines. Visit oliverwinery.com for more information.
