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

Daily Archive: July 2, 2014

Constellation Outperforms On Strength Of Crown, Raises Full-Year Earnings Projections

Constellation Brands shares jumped by more than 7% in pre-market trading this morning after the company outperformed expectations in its fiscal first quarter. Continue reading →

Posted in News on July 2, 2014

Diageo Gains Majority Control Of India’s USL, Ups Lead In Global Spirits Market

After a lengthy struggle, Diageo has succeeded in taking majority control of Indian spirits giant United Spirits Ltd. (USL). Continue reading →

Posted in News on July 2, 2014

Rare Offering Of Rye Whiskey Far Surpasses Pre-Sale Estimates At Chicago Auction

In an unusual offering, the Chicago auction house Hart Davis Hart Wine Co. last weekend sold a case of 24 pints of Dougherty’s Private Stock Pure Rye Whiskey, distilled in 1917 before Prohibition and then bottled in bond in 1930 at the Philadelphia-based Dougherty’s as a medicinal spirit, for $19,120. Continue reading →

Posted in News on July 2, 2014

News Briefs for July 2, 2014

•Beam Suntory is planning the launch of a host of new whiskies under its Jim Beam Signature Craft brand. Continue reading →

Posted in News on July 2, 2014