Monthly Archive: February 2012
California Grape Crush Down 7%, Prices Jump
California’s wine grape crush fell 7% in 2011 to 3.34 million tons, according to the preliminary report by the state’s department of food and agriculture. Continue reading →
Posted in News on February 13, 2012News Briefs for February 13, 2012
•Commenting on recent reports that Diageo’s Cîroc vodka partner Sean “Diddy” Combs is eyeing entry into the Tequila category, Diageo North America president Ivan Menezes told investors late last week the company was unconcerned about Combs potentially going his own way in Tequila. Continue reading →
Posted in News on February 13, 2012New York’s Sherry-Lehmann Projects Revenue Growth Of 7% For Its Fiscal 2012
Sherry-Lehmann, one of Manhattan’s most renowned wine shops, reports that revenues for its fiscal 2011 ended August 31 reached $45 million, up 7% from the previous fiscal year. CEO Chris Adams says calendar fourth quarter sales last year ended strongly after a weak start in October and November. He expects to achieve another 7% sales increase for fiscal 2012. Shanken News Daily recently spoke with Adams about the highly acclaimed 2009 and 2010 Bordeaux vintages, and prospects for sales of the 2009 Burgundy vintage at Sherry-Lehmann. Continue reading →
Posted in News on February 10, 2012Oregon’s Sokol Blosser Extends Evolution Brand With Red Blend
Highly rated Oregon producer Sokol Blosser, whose wines are marketed by Terlato Wines International, is adding a companion red blend to its Evolution White brand. Continue reading →
Posted in News on February 10, 2012News Briefs for February 10, 2012
•Royal Wine Corp. has rolled out a new extension to its Bartenura wine brand. Bartenura Sparkling Moscato—a “dolce spumante” wine sourced from Italy’s Piemonte region—is available now in the New York and New Jersey markets. Continue reading →
Posted in News on February 10, 2012Emerging Markets, Johnnie Walker Propel Diageo’s Sales, Profits In Fiscal First Half
Diageo enjoyed solid sales and profit growth in the first half of its fiscal year, due largely to its impressive progress in emerging markets. Continue reading →
Posted in News on February 9, 2012
