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

Monthly Archive: May 2012

News Briefs for May 30, 2012

•Wine and spirits importer Aveníu Brands—owned by Spain’s Grupo Codorníu—will roll out a new Spanish red blend, Mermelada, nationwide this summer. Continue reading →

Posted in News on May 30, 2012

Total Wine Now Plans To Add 10 Stores In Washington, Seeks Further Expansion In Texas

Total Wine & More has now completed deals to open three stores in Washington state this year, Total Wine president and co-owner David Trone tells Shanken News Daily. Continue reading →

Posted in News on May 29, 2012

Diageo Acquires Cachaça Brand Ypióca For $470M

Diageo has purchased premium cachaça brand Ypióca from Brazil’s Ypióca Agroindustrial Limitada for approximately £300 million ($470m). Continue reading →

Posted in News on May 29, 2012

News Briefs for May 29, 2012

•Todd Epsten, chairman of Major Brands, died Saturday, May 26, of cancer. Continue reading →

Posted in News on May 29, 2012

Exclusive: DFV’s Female-Targeted HandCraft Surges To 50,000 Cases In Three Months

DFV Wines’ new super-premium HandCraft Artisan Collection wines have only been on the market three months, but the brand is already carving out a sizeable niche. Continue reading →

Posted in News on May 25, 2012

Wines At $11-And-Up Driving U.S. Market’s Growth, Says IRI

U.S. wine volume is up 3% in the year-to-date through May 13 in SymphonyIRI channels, with wines priced $11 a bottle and up driving growth with a 16% advance. Continue reading →

Posted in News on May 25, 2012

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