Monthly Archive: February 2012
News Briefs for February 21, 2012
•Italy, the number-one exporter of wine to the U.S., carved out an imported wine market share of 31% valued at nearly $1.5 billion in 2011, according to the Italian Trade Commission. Continue reading →
Posted in News on February 21, 2012Interview: Treasury Wine Estates’ Strategies For Growth
In May of last year, Treasury Wine Estates officially began trading on the Australian Securities Exchange in Sydney, launching as a stand-alone wine company after separating from Foster’s Ltd. Since then, Foster’s has been swallowed up by SABMiller in a deal struck last September worth just over $10 billion, while Treasury continues to focus on building a global wine business. Continue reading →
Posted in News on February 17, 2012Skinnygirl To Launch Line Of California Wines
Next month, Beam Inc. will launch three new low-calorie California wines under the Skinnygirl brand umbrella, Wine Spectator reports. Continue reading →
Posted in News on February 17, 2012Exclusive: Impact Databank’s Analysis Of Pernod Ricard’s U.S. Progress
While Pernod Ricard’s 8% net sales growth to €4.61 billion ($6b) in the six months through December was driven largely by an 18% surge in its emerging market business (identical to rival Diageo’s), Pernod’s U.S. net sales also enjoyed a healthy uptick, rising 5% over the period. Continue reading →
Posted in News on February 16, 2012Legendary Henri Jayer Burgundy Collection Nets Record For Christie’s
Wines from the private cellar of the late Henri Jayer, a legendary Burgundian winemaker and collector, were auctioned February 10 at Christie’s Hong Kong, establishing a litany of world records, reports Wine Spectator. Continue reading →
Posted in News on February 16, 2012News Briefs for February 16, 2012
•Champagne shipments to the U.S. enjoyed double-digit growth in 2011, according to the French Federation of Wine and Spirits Exporters (FEVS). Continue reading →
Posted in News on February 16, 2012