Diageo is putting Chalone Vineyards up for sale, the company told SND earlier today. The move comes just a few days after the drinks giant agreed to sell most of its wine interests to Treasury Wine Estates in a $600 … Continue reading →
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Moët Hennessy’s flagship Hennessy Cognac brand continues to see dynamic progress on top of an already large base in the U.S. market. In 2014, the upscale franchise doubled its depletion growth rate from the previous year with a 9% advance … Continue reading →
The post Hennessy’s Upswing Accelerates As Brand Crosses 2.5 Million Cases In U.S. appeared first on Shanken News Daily. Read more
Across the Northern Hemisphere, winemakers in many regions are reporting one of the earlier grape harvests they’ve seen. They’re scrambling to pick fruit and find tank space. Wine Spectator will be providing snapshot looks at harvest in major wine regions, … Continue reading →
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•While Napa Valley’s Chalone Vineyard wasn’t included in Treasury Wine Estates’ $600 million purchase of Diageo’s wine business last week, The Times of London is reporting that Diageo may soon put Chalone on the block. Diageo obtained Chalone in 2004 … Continue reading →
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•Spokane, Washington’s No-Li Brewhouse is introducing its Born & Raised IPA in six-packs of 12-ounce cans. The 7%-abv India Pale Ale is brewed with Munich and Crystal malts with Chinook, Cascade, Columbus, Cluster and Northern Brewer hops. Born & Raised … Continue reading →
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Two of the U.S. market’s leading wholesalers of spirits and wine have agreed to merge, creating a distribution giant with $6 billion in annual sales. Charmer Sunbelt and Wirtz Beverage have announced that they will join forces and trade as … Continue reading →
The post Charmer Sunbelt And Wirtz Beverage Agree To Merge As Breakthru Beverage Group appeared first on Shanken News Daily. Read more