Monthly Archive: July 2014
Constellation Outperforms On Strength Of Crown, Raises Full-Year Earnings Projections
Constellation Brands shares jumped by more than 7% in pre-market trading this morning after the company outperformed expectations in its fiscal first quarter. Continue reading →
Posted in News on July 2, 2014Diageo Gains Majority Control Of India’s USL, Ups Lead In Global Spirits Market
After a lengthy struggle, Diageo has succeeded in taking majority control of Indian spirits giant United Spirits Ltd. (USL). Continue reading →
Posted in News on July 2, 2014Rare Offering Of Rye Whiskey Far Surpasses Pre-Sale Estimates At Chicago Auction
In an unusual offering, the Chicago auction house Hart Davis Hart Wine Co. last weekend sold a case of 24 pints of Dougherty’s Private Stock Pure Rye Whiskey, distilled in 1917 before Prohibition and then bottled in bond in 1930 at the Philadelphia-based Dougherty’s as a medicinal spirit, for $19,120. Continue reading →
Posted in News on July 2, 2014News Briefs for July 2, 2014
•Beam Suntory is planning the launch of a host of new whiskies under its Jim Beam Signature Craft brand. Continue reading →
Posted in News on July 2, 2014Wine Spectator: Hail Shatters Burgundy’s Hope for a Promising Crop
A violent storm unleashed its wrath on Burgundy’s vineyards in the late afternoon of June 28, Wine Spectator reports, affecting an area from Chassagne-Montrachet to Beaune in the southern half of the Côte d’Or and Nuits-St.-Georges to Morey-St.-Denis in the north. Continue reading →
Posted in News on July 1, 2014Vintus Joins Forces With Monsieur Touton In Key Tri-State Area
New York-based national fine wine importer and marketer Vintus has partnered with quality wine distributor Monsieur Touton Selection for a joint venture in the New York, New Jersey and Connecticut markets. Continue reading →
Posted in News on July 1, 2014
