Exclusive news and research on the wine, spirits and beer business

Daily Archive: February 21, 2014

Interview, Part I: Domaines Barons de Rothschild Targets Major Expansion In U.S.

Just over a year ago, Bordeaux-based Domaines Barons de Rothschild (Lafite) became sole owner of its U.S. sales and marketing company, Pasternak Imports. DBR already had a majority stake in Pasternak, but gaining full control has become a springboard for its goal of tripling the size of its U.S. business within the next five years. SND executive editor David Fleming met with DBR president and CEO Christophe Salin and Pasternak president and CEO Stephen Brauer to discuss plans to achieve that goal. Continue reading →

Posted in News on February 21, 2014

TWE Facing Uphill Climb To Meet Profit Forecast, According To Analysts

After Treasury Wine Estates’ earnings fell by nearly 40% in its fiscal first half (ended December 31, 2013), analysts are skeptical about the company hitting its full-year profit forecast. Continue reading →

Posted in News on February 21, 2014

News Briefs for February 21, 2014

Proximo Spirits’ super-premium Three Olives vodka has introduced a new coconut water-flavored offering name-checking Elvis Presley and his famous love affair with Hawaii. Continue reading →

Posted in News on February 21, 2014

Craft Brewing and Distilling News for February 21, 2014

•Fort Collins, Colorado’s Odell Brewing has partnered with Ben E. Keith Company for the statewide Texas launch of its craft beers on draft on February 24, followed by a package launch at the end of March. Continue reading →

Posted in News on February 21, 2014