Monthly Archive: July 2011
California’s 2009 Pinot Noirs Might Be Best Ever, Wine Spectator Says
Wine Spectator is completing its work on rating California’s 2009 Pinot Noirs, and Senior Editor and lead California taster James Laube says more than 50 percent of the Pinots reviewed thus far have been ranked outstanding or better (90 points and above)—an unprecedented number. Continue reading →
Posted in News on July 6, 2011Treasury Share Price In Roller Coaster Ride As Takeover Rumors Drive The Market
Shares of Treasury Wine Estates closed at A$3.50 ($3.74) Wednesday on the Australian Securities Exchange in Sydney, down 2.51% as the share price continued to tumble following Tuesday’s denial by China-based Bright Food Group that it was planning a bid for the company. Continue reading →
Posted in News on July 6, 2011After Record Year, PLCB Chairman Says Premiumization Will Be Key To Further Gains
Following yesterday’s announcement of a 4% sales increase to $1.96 billion in the year through June at the Pennsylvania Liquor Control Board (PLCB), chairman Patrick “P.J.” Stapleton III told Shanken News Daily that future growth will depend on consumer trading-up patterns. Continue reading →
Posted in News on July 6, 2011News Briefs for July 6, 2011
•Italy’s Gruppo Campari is on the acquisition hunt, chief executive Bob Kunze-Concewitz told the Wall Street Journal. Continue reading →
Posted in News on July 6, 2011Cape Classics Sets 5-Million-Case Goal For South African Category In U.S., With Emphasis On Strong Brands
While South African wine importers in the U.S. market have struggled in recent years, New York-based Cape Classics has been gaining momentum with a South African portfolio including Jam Jar, Indaba and Mulderbosch. Continue reading →
Posted in News on July 5, 2011Pennsylvania Hits Record $1.96 Billion In Wine And Spirits Sales
Pennsylvania’s Liquor Control Board (PLCB) is touting record sales of $1.96 billion in its recently completed fiscal year, ended last month, an increase of 4% over the previous year. Continue reading →
Posted in News on July 5, 2011
