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

Monthly Archive: June 2014

South African Wines Gaining Traction In U.S.

South African wine may still be a relatively small category in the U.S. market—with bottled shipments up 11% to 954,000 cases last year—but its expansion has accelerated lately, and key players are bullish on growth opportunities, especially at the premium end. Continue reading →

Posted in News on June 30, 2014

Diageo’s Shares Rise On Rumors Of Merger With SABMiller

After falling to its lowest point in nearly two months late last week, Diageo’s share price has enjoyed a bounce amid rumors of a potential merger between itself and SABMiller. Continue reading →

Posted in News on June 30, 2014

News Briefs for June 30, 2014

•Following the Texas Package Stores Association’s recent move asking a federal court to reexamine the state’s one-year residency rule, which hasn’t been enforced in decades, two major national players—Total Wine & More and Southern Wine & Spirits—are returning fire. Continue reading →

Posted in News on June 30, 2014

Craft Brewing and Distilling News for June 30, 2014

•Chicago craft brewery Berghoff Brewing is releasing summer seasonal Granola Shambler in limited quantities through August. Continue reading →

Posted in News on June 30, 2014

Texas Vodka Deep Eddy Soars To Quarter-Million-Case Mark

Austin, Texas’ Deep Eddy Vodka, launched in 2010, rode 300% growth in the first quarter of this year to hit 250,000 cases in the 12 months through May. Continue reading →

Posted in News on June 27, 2014

Molson Coors CEO Calls Craft Segment “Overvalued,” Hints At Buyout Of SABMiller Stake

Molson Coors CEO Peter Swinburn offered his thoughts on surging acquisition prices in the craft brewing industry and the possibility of Molson Coors buying out U.S. joint venture partner SABMiller in a series of interviews yesterday. Continue reading →

Posted in News on June 27, 2014

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