Tag Archive: wine
News Briefs for January 4, 2016
•Diageo has completed the $600 million sale of its Chateau & Estate wine business in the U.S., as well as Percy Fox in the U.K., to Treasury Wine Estates. Continue reading →
Posted in News on January 4, 2016Pernod Eyes Bigger Piece Of New Zealand Pie For Brancott Estate
With New Zealand wines flourishing in the U.S.—expanding by nearly two-thirds over the past five years to approach 6 million cases—Pernod Ricard’s Brancott Estate is among the brands enjoying marked gains. Continue reading →
Posted in News on December 24, 2015Wine Spectator: Wine Delivery? There’s More Than One App For That
Before 2005, most Americans could legally have wine sent to their homes either from wineries located in their state or not at all. Continue reading →
Posted in News on December 22, 2015Exclusive: Impact Databank Projects U.S. Wine Market To Expand For 22nd Consecutive Year
Due to a still-sluggish economy, particularly in the on-trade environment, the U.S. wine market is projected to inch ahead a mere 0.2% by the end of this year, to a total volume of 321.7 million nine-liter cases, according to the 2015 edition of The U.S. Wine Market: Shanken’s IMPACT Databank Review and Forecast. Continue reading →
Posted in News on December 18, 2015Interview: Sandra LeDrew, President-Americas, Treasury Wine Estates
In early October, Treasury Wine Estates (TWE) took a giant step in its ongoing revitalization by agreeing to acquire most of Diageo’s wine interests, including Beaulieu, Sterling, Provenance, Rosenblum, Acacia, Hewitt and Blossom Hill, for $600 million. That deal followed TWE’s announcement of its full-year results in August, which reflected a stunning turnaround for the company. In Part 1 of this interview with TWE president-Americas Sandra LeDrew, SND executive editor David Fleming discusses the Diageo deal, as well as the company’s initiatives with its Australian and New Zealand brands. Continue reading →
Posted in News on December 16, 2015Exclusive: Terlato Bolsters Portfolio With Addition Of Distell’s Wines
Terlato Wines, which announced last week that it would begin handling Distell’s spirits brands in the U.S. market via a new venture between the two companies, now has also been appointed the exclusive importer of Distell’s wine portfolio. Continue reading →
Posted in News on December 4, 2015
