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

Monthly Archive: June 2011

News Briefs for June 7, 2011

• Diageo will be given the option to purchase full ownership of vodka brand Ketel One starting this Thursday, according to analysts at ING. Continue reading →

Posted in News on June 7, 2011

Wine Spectator Report Sees 2010 Bordeaux As A Modern Classic

With the 2010 vintage now resting in barrels, Bordeaux has a compelling duo of vintages in the wings, according to the latest Bordeaux report from Wine Spectator, which adds that many in the region are calling the 2010 vintage a modern classic. Continue reading →

Posted in News on June 6, 2011

Stormy Napa Auction Raises 7.3 Million Dollars

This year’s Auction Napa Valley raised a cool (and soggy) $5.8 million at Saturday’s live auction, the culmination of four days of events that raised $7.3 million. Continue reading →

Posted in News on June 6, 2011

News Briefs for June 6, 2011

• A-B InBev is reportedly preparing for a U.S. reintroduction and revitalization of its Bass Pale Ale beer label in 2012. Continue reading →

Posted in News on June 6, 2011

Beverage Alcohol Sales At Giant Eagle Projected To Rise 15 Percent In 2011

Sales of beverage alcohol at Giant Eagle Supermarkets will hit $283 million for calendar 2011—a jump of 15%, according to the chain’s senior director of beer, wine and liquor, Olivier Kielwasser. Giant Eagle operates a total of 229 stores in four states: 121 in Ohio, 104 in Pennsylvania, 2 in West Virginia and 2 in Maryland. In Ohio, Giant Eagle sells beer and wine in 120 locations and sells spirits in 43 stores. In Pennsylvania it sells beer only in 23 locations. In West Virginia, wine, spirits and beer are sold, while no beverage alcohol is sold in its two stores in Maryland. Shanken News Daily recently spoke to Kielwasser about Giant Eagle’s beverage alcohol business strategy. Continue reading →

Posted in News on June 3, 2011

Heaven Hill Acquires Impact Hot Brand Admiral Nelson From Luxco

Heaven Hill Distilleries is set to add nearly 700,000 cases in yearly volume to its portfolio with the agreed-on purchase of Admiral Nelson rum from Luxco for an undisclosed sum. Continue reading →

Posted in News on June 3, 2011

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