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Daily Archive: October 21, 2011

Brauer To Lead Beringer As Part Of Treasury Revamp, Other Key Appointments Also Named

As Treasury Wine Estates reorganizes its global operations from a regional- to a brand-centric structure, the company has named Stephen Brauer managing director of Beringer, its top-selling brand. Continue reading →

Posted in News on October 21, 2011

Rarified Retailer: Dennis Overstreet, Owner Of The Wine Merchant Beverly Hills

The Wine Merchant Beverly Hills is one of the Los Angeles market’s leading wine and spirits retailers, boasting a rarified international clientele. Five years ago, proprietor Dennis Overstreet relocated from his high-rent 25,000-square-foot store on Rothbury and Santa Monica Boulevard to a 2,000-square-foot shop on Canon Drive in the Beverly Hills Triangle. He conducts dinners and tastings at a 40,000-square-foot wine cellar in West Los Angeles, three and half miles away from the store. Overstreet’s total revenues were $4.5 million last year—with 80% of sales in wine and 20% in spirits. He expects to hit $5 million by the end of this year. Overstreet also owns and operates two restaurants, The Dock and The Porch, in Newport Beach. Shanken News Daily recently spoke to Overstreet about trends in his retail business. Continue reading →

Posted in News on October 21, 2011