Tag Archive: wine
Treasury Profits, Share Price Hit By Plan To Cut U.S. Inventory, Take A$160M Writedown
Treasury Wine Estates’ plan to slash its inventory in the U.S. market and take an A$160 million ($145.7m) writedown sent its share price spiraling downward earlier today. Continue reading →
Posted in News on July 15, 2013Two Years After Sale, Piper-Heidsieck Retrenches With Value Strategy
Acquired from Rémy Cointreau for nearly $600 million in July 2011, French luxury group EPI’s Champagnes Piper-Heidsieck and Charles Heidsieck are in the process of reintroducing themselves with a focus on generating value through premiumization. Continue reading →
Posted in News on July 11, 2013Wally’s Wine & Spirits Launches Auction House
Los Angeles retailer Wally’s Wine & Spirits has unveiled a new wine auction division, Wally’s Auction House. Continue reading →
Posted in News on July 9, 2013Yellow Tail Producer Casella Secures Funding As Aussie Dollar Weakens
Australia’s Casella Wines, producers of top imported wine brand Yellow Tail, has secured two years of funding from the National Bank of Australia, easing its financial concerns. Continue reading →
Posted in News on July 9, 2013HandCraft Will Reach 150,000 Cases This Year, DFV Says
DFV Wines’ female-targeted HandCraft Artisan Collection managed a strong performance in 2012, its first year on the market, as depletions reached nearly 100,000 cases, according to winemaker and proprietor Cheryl Indelicato. Continue reading →
Posted in News on July 3, 2013Wine.com Hits Back At Sale Rumors
Rumors were swirling yesterday that New York-based private equity firm Baker Capital had put its Wine.com retail site up for sale. Continue reading →
Posted in News on July 3, 2013
