Monthly Archive: July 2015
E.&J. Gallo Acquires Asti Winery, Souverain Brand From Treasury Wine Estates
Treasury Wine Estates CEO Michael Clarke has made no secret of his intentions to revamp the wine giant’s supply chain as part of his ongoing turnaround plan, and on Monday evening Treasury took a significant step in that process, agreeing to sell its Asti Winery and vineyards in Sonoma County, along with the Souverain brand, to E.&J. Gallo. Continue reading →
Posted in News on July 21, 2015Rémy Cointreau Sales Slide 9% In First Quarter
Rémy Cointreau’s sales fell 9% to €223.3 million ($242.5m) on an organic basis in its fiscal first quarter, ended in June, although the company continued to see high-end progress on its flagship Rémy Martin brand in the U.S. Continue reading →
Posted in News on July 21, 2015News Briefs for July 21, 2015
•Bacardi is introducing a new Tangerine flavor under its flagship rum brand. Continue reading →
Posted in News on July 21, 2015Craft Brewing and Distilling News for July 21, 2015
•Texas-based JEM Beverage Company is extending its Western Son Vodka brand with a new Prickly Pear flavor. Continue reading →
Posted in News on July 21, 2015Washington Wine, Part 2: Ample Room For Growth
With winery revenues of roughly $1 billion and a U.S. market share of around 4%, according to the Washington State Wine Commission, the Washington wine industry has grown fast, moving from fewer than 20 wineries in 1980 to more than 850 today. Continue reading →
Posted in News on July 20, 2015Australian Wine Falls Further In U.S.
Australian vintners are toasting a general upturn in exports, but the category continues to struggle in the U.S. market. Continue reading →
Posted in News on July 20, 2015
