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Daily Archive: May 13, 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

Campari Details New Super-Premium “Rare” Division

Campari has unveiled more details on its new Rare unit, comprising various super-premium and above brands from its portfolio, originally announced May 4. Continue reading →

Posted in News on May 13, 2021

Wine Spectator: Sonoma’s Sebastiani And Clos du Bois Wineries Shuttered

Two long-established Sonoma County wineries lost their homes this week as the parent companies of Sebastiani and Clos du Bois laid off workers and shifted production to other facilities. The brands will continue, but the wines will be made elsewhere. Wine Spectator has the full story.

Posted in News on May 13, 2021

News Briefs for May 13, 2021

•Sutter Home Family Vineyards, part of the Trinchero portfolio, is debuting a new range of Fruit Infusions. Continue reading →

Posted in News on May 13, 2021