Monthly Archive: June 2011
Premium Argentine Winery Argento Targets U.S.
Mendoza’s Argento Wine Company is a well-established international player, selling 750,000 cases annually across 55 countries, but it’s only now training its focus on the U.S., where the Argentine wine category has never been hotter. Continue reading →
Posted in News on June 23, 2011News Briefs for June 23, 2011
• Racing legend Mario Andretti’s Napa Valley Andretti Winery is set to get a capital injection from San Francisco wine investment firm Bacchus Capital, the partnership between former Seagram Chateau & Estate president Sam Bronfman II and investment bankers Peter Kaufman and Henry Owsley. Continue reading →
Posted in News on June 23, 2011U.S. Wine Market Set To Eclipse France In 2012
If current trends continue, the U.S. will surpass France in 2012 to become the world’s largest wine consuming nation by volume. Continue reading →
Posted in News on June 22, 2011Campari To Double Wild Turkey’s Capacity With 50M Investment
Having recently unveiled new packaging and advertising and a new 81-proof variant for its Wild Turkey Bourbon, Gruppo Campari is set to double the brand’s capacity with a $50 million distillery investment, being unveiled today. Continue reading →
Posted in News on June 22, 2011News Briefs for June 22, 2011
• Drambuie executive chairman Phil Parnell passed away June 16 at the age of 59, after being diagnosed with pancreatic cancer. Continue reading →
Posted in News on June 22, 2011W.J. Deutsch Finding Success In Struggling French Category By Tapping New Consumers
While French wine has struggled in the U.S. market amid the economic downturn, W.J. Deutsch & Sons Ltd.—long one of the category’s biggest players—has enjoyed solid growth from its French portfolio, which includes the Georges Duboeuf range and fast-rising HobNob ($9.99-$10.99 per 750-ml.) and Patch Block ($7.99), as well as an array of other brands. In 2010, the importer’s top six French brands grew by an aggregate 22%, according to Impact Databank. Shanken News Daily recently spoke with Peter Deutsch, the company’s CEO, to gauge how its French wine business was performing amid the market’s challenging conditions. Continue reading →
Posted in News on June 21, 2011
