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Daily Archive: July 21, 2015

E.&J. Gallo Acquires Asti Winery, Souverain Brand From Treasury Wine Estates

Treasury Wine Estates CEO Michael Clarke has made no secret of his intentions to revamp the wine giant’s supply chain as part of his ongoing turnaround plan, and on Monday evening Treasury took a significant step in that process, agreeing to sell its Asti Winery and vineyards in Sonoma County, along with the Souverain brand, to E.&J. Gallo. Continue reading →

Posted in News on July 21, 2015

Rémy Cointreau Sales Slide 9% In First Quarter

Rémy Cointreau’s sales fell 9% to €223.3 million ($242.5m) on an organic basis in its fiscal first quarter, ended in June, although the company continued to see high-end progress on its flagship Rémy Martin brand in the U.S. Continue reading →

Posted in News on July 21, 2015

News Briefs for July 21, 2015

•Bacardi is introducing a new Tangerine flavor under its flagship rum brand. Continue reading →

Posted in News on July 21, 2015

Craft Brewing and Distilling News for July 21, 2015

•Texas-based JEM Beverage Company is extending its Western Son Vodka brand with a new Prickly Pear flavor. Continue reading →

Posted in News on July 21, 2015