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Tag Archive: Darden Restaurants

News Briefs for March 23, 2015

•A California federal judge has put a class action suit against Tito’s Handmade Vodka producer Fifth Generation Inc. on hold because of a technical issue, but has also rejected most of Fifth Generation’s arguments aimed at dismissing the suit, which maintains that Fifth Generation misled consumers with its “handmade” claim. Continue reading →

Posted in News on March 23, 2015

Cape Classics Eyes More European Wines, Sees Potential In South African Chardonnay

Known for its roughly 30% share of the 1.1-million-case South African wine category in the U.S., importer and marketer Cape Classics launched its first French wines stateside in 2013, and chairman and CEO André Shearer tells SND more Old World entries are on the way. Continue reading →

Posted in News on February 17, 2015

Darden Unloads Red Lobster For $2.1 Billion

Darden Restaurants has sold its 705-unit Red Lobster brand to investment firm Golden Gate Capital for $2.1 billion in cash. Continue reading →

Posted in News on May 16, 2014

News Briefs for March 24, 2014

•Mionetto USA has officially launched its revamped Luxury Collection of sparkling wines, news of which SND first reported March 4. Continue reading →

Posted in News on March 24, 2014

News Briefs for December 20, 2013

•Napa Valley-based Duckhorn Wine Company has acquired a 20-acre vineyard site in Washington state’s Red Mountain AVA. Continue reading →

Posted in News on December 20, 2013

News Briefs for October 14, 2013

Absolut has revealed the latest edition in its city-inspired vodka series, Absolut Chicago. Continue reading →

Posted in News on October 14, 2013

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