Monthly Archive: June 2011
Foster’s Rejects 11.9b Offer, But SABMiller Will Pursue
SABMiller is first into the water with a $11.9 billion (including debt) offer for Foster’s, but it may not be alone in the chase for the top Australian brewer for long. Continue reading →
Posted in News on June 21, 2011News Briefs for June 21, 2011
• Bordeaux wine exports demonstrated significant growth in the first three months of 2011, according to the trade group Conseil Interprofessionnel du Vin de Bordeaux (CIVB). Continue reading →
Posted in News on June 21, 201110 Hidden Gems From Bordeaux’s 2010 Vintage
As the potentially classic 2010 Bordeaux vintage begins unveiling futures prices, some U.S. retailers are suffering sticker shock. The first growth 2009s went for over $1,000 a bottle and the 2010s are expected to soar to even higher prices—beyond the reach of most American wine lovers. But, says James Molesworth, lead Bordeaux taster at Wine Spectator, the strength of the vintage also means that there are great values to be had from some of Bordeaux’s lesser-known producers, if retailers and consumers are willing to hunt for them. Shanken News Daily checked in with Molesworth to get a few specific high-quality, low-hype recommendations. Continue reading →
Posted in News on June 20, 2011News Briefs for June 20, 2011
• Southern California-based Spectrum Wine Auctions is set to hold its largest sale ever on June 25 and 26 in Hong Kong. Continue reading →
Posted in News on June 20, 2011Centennial Projects Record Sales of $250 Million As It Completes Integration of Majestic
Dallas-based Centennial Fine Wine and Spirits, which acquired the Majestic Liquor Store chain in April for a reported $30 million, plans to open four new stores and projects total company revenues of $250 million this year. Continue reading →
Posted in News on June 17, 2011Southern Becomes Diageo’s National Broker Across Control States
As a result of an agreement announced today, Southern Wine & Spirits has picked up a sizeable new slice of control state brokerage business from Diageo NA, and will now handle Diageo’s spirits brands across all 18 U.S. control states. Continue reading →
Posted in News on June 17, 2011
