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

Daily Archive: April 3, 2019

News Alert: Constellation Offloads 30 Wine And Spirits Brands To E.&J. Gallo For $1.7 Billion

In a widely expected deal, Constellation Brands has agreed to sell approximately 30 brands from its wine and spirits portfolio to E.&J. Gallo for $1.7 billion, along with related facilities located in California, New York, and Washington. Continue reading →

Posted in News on April 3, 2019

Mel Dick Receives WSWA’s Lifetime Leadership Award

Southern Glazer’s executive Mel Dick, a driving force in the U.S. wine market for more than 60 years, has been honored with the Wine & Spirits Wholesalers of America’s (WSWA) Lifetime Leadership Award. Continue reading →

Posted in News on April 3, 2019

Wine Spectator: Record-Breaking Lafite Rothschild Auction Brings In $7.86 Million

Rare wines sourced from the cellars of Château Lafite Rothschild commanded stratospheric prices at a Zachys auction on March 30 at Le Bernardin Privé in Manhattan. Continue reading →

Posted in News on April 3, 2019

News Briefs for April 3, 2019

•Bacardi has announced the latest addition to its line of flavored rums, Bacardi Lime. Continue reading →

Posted in News on April 3, 2019

Craft Brewing And Distilling News For April 3, 2019

•Southern Glazer’s is adding Philadelphia, Pennsylvania-based Stateside Urbancraft Vodka to its portfolio in the Pennsylvania market, and is expected to launch the brand in two more states this spring. Continue reading →

Posted in News on April 3, 2019