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Monthly Archive: June 2011

News Briefs for June 29, 2011

•Crown Royal, which helped pioneer spirits brand sponsorship in NASCAR, will end its participation as a Roush Fenway Racing NASCAR team sponsor at the close of the 2011 season. Continue reading →

Posted in News on June 29, 2011

E&J Gallo Buys Edna Valley From Diageo

E&J Gallo is set to expand its presence in California’s Central Coast with the purchase of San Luis Obispo’s Edna Valley Vineyard from Diageo Chateau & Estate and Paragon Vineyard Company, which held Edna Valley in a joint venture. Continue reading →

Posted in News on June 28, 2011

Mouton Rothschild, Margaux Announce 2010 Price Increases As Cos d’Estournel Reduces

Bordeaux’s 2010 futures campaign looks to be in crescendo this week, as first-growth châteaus Margaux and Mouton-Rothschild finally released their prices, along with several other prominent players, according to the latest report in Wine Spectator. Continue reading →

Posted in News on June 28, 2011

Visitors From China More Than Double At Vinexpo, To Lead All Foreign Attendees

Some 48,000 members of the wine and spirits industry gathered last week for Vinexpo, the wine world’s biannual trade fair in Bordeaux. Continue reading →

Posted in News on June 28, 2011

News Briefs for June 28, 2011

•The Wine Group (TWG) is suing Indiana’s Tipton Spirits in a U.S. District Court in Sacramento, alleging that Tipton’s Desiree vodka brand and specifically its Cupcake and Red Velvet flavors infringe on the trademarks of The Wine Group’s Cupcake wine and vodka brand. Continue reading →

Posted in News on June 28, 2011

Martin Wine Cellars Rebuilding In New Orleans

In late August 2005, Hurricane Katrina lashed through New Orleans, destroying the Martin Wine Cellar store on Baronne Street. It’s been a long process, but next year owner Cedric Martin will reopen that location, where his father David founded the business 65 years ago. Martin Wine Cellar currently has five locations in Louisiana—on Magazine Street in New Orleans, in Metairie in Jefferson Parish, in Mandeville (about 30 miles from New Orleans) and Baton Rouge (90 miles away). About 70% of the company’s sales are in wine, while spirits account for 12%-14% and gourmet food and catering comprise 12%. Beer plays a minor role. Overall revenue exceeds $15 million annually. Long renowned as a retail destination in a city famous for celebration, Martin Wine Cellars has kept pace with change in the marketplace. Shanken News Daily interviewed Cedric Martin recently about trends in his operation. Continue reading →

Posted in News on June 27, 2011

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