Monthly Archive: May 2011
Wine Auction Sales In Sharp Climb, Rebound From Recent Economic Turmoil
Less than three years after economic turmoil caused the world wine auction market to stumble, sales have surged dramatically, according to a new report in the June 15 issue of Wine Spectator magazine. Continue reading →
Posted in News on May 18, 2011Constellation Plans Major Innovation Push In 2011, With Launch Of 20 New Wines
Constellation Wines U.S. president Jay Wright said today that the company is planning a blitz of 20 new wine products this fiscal year (ending next February), targeting fast-growing segments like sweet red blends, Prosecco, Moscato and Malbec. Continue reading →
Posted in News on May 18, 2011Wirtz Victory In Illinois Supreme Court Case Could Have Big Implications For State Tax Levels
Wirtz Beverage Illinois’ lawsuit against a 2009 state tax hike on wine, spirits and beer was heard before the state’s Supreme Court yesterday. Continue reading →
Posted in News on May 18, 2011News Briefs for May 18, 2011
• Movie director Tom Hooper (“The King’s Speech”) is spearheading Captain Morgan’s latest ad effort. The campaign, titled “To Life, Love and Loot,” is centered around exploits of real-life privateer and rum icon Captain Henry Morgan. Continue reading →
Posted in News on May 18, 2011South African Wines Seek To Carve Out US Growth
Wine exports from South Africa, the world’s seventh-largest wine producer, declined by nearly 7% last year, slipping below 2008 levels. But some South African brands are achieving growth despite tough conditions. Continue reading →
Posted in News on May 17, 2011Kona Addition Propels CBA To Solid Q1 Sales Growth, But Higher Expenses Hurt Profits
Craft Brewers Alliance (CBA), one of the U.S. market’s leading specialty brewers, followed a successful 2010 with a strong first quarter for 2011, as its volume and sales increased markedly, although higher marketing expenses led to a net income decline. Continue reading →
Posted in News on May 17, 2011
