Exclusive news and research on the wine, spirits and beer business

Monthly Archive: May 2021

Wine Spectator: Cryptocurrency Enters The Fine Wine Market

When Louis de Bonnecaze started diving into digital currencies in 2015, he saw a unique opportunity for the fine wine industry. Continue reading →

Posted in News on May 14, 2021

Boston Beer To Develop Cannabis Drinks, Eyeing Future U.S. Opportunity

The Boston Beer Company announced this morning that it’s establishing a new research and innovation hub in Canada that will focus on non-alcoholic cannabis beverages. Continue reading →

Posted in News on May 14, 2021

Scheid Family’s Sunny Gaining Traction In “Better-For-You” Wine Segment

The rise of “better-for-you” wines has been among the key developments lately in the drinks business, with both industry giants and ambitious smaller players targeting the segment. Continue reading →

Posted in News on May 14, 2021

News Briefs for May 14, 2021

•Il Palagio, the Tuscan estate owned by Sting and Trudie Styler, has appointed Evaton Inc. as its exclusive U.S. importer. Continue reading →

Posted in News on May 14, 2021

Treasury Wine Estates Updates Market, Sees Rebound Ongoing

Treasury Wine Estates has released updated guidance for its fiscal year ending in June, with the company expecting EBITS to be in the range of A$495 million ($382m) to A$515 million ($398m), down from A$534 million ($412m) last year. Continue reading →

Posted in News on May 13, 2021

Constellation Acquires Minority Stake In Burston’s La Fête Du Rosé

Constellation Brands has taken a minority stake in La Fête Du Rosé. Continue reading →

Posted in News on May 13, 2021

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