Long known for the 8.3-million-case Yellow Tail brand, Deutsch Family Wine & Spirits has successfully diversified its portfolio in recent years, with so-called “low lux” wines—retailing in the $10-$25 segment—leading the way. Deutsch’s low lux portfolio totaled 1.8 million cases … Continue reading →
The post Deutsch Family’s Josh Cellars Nears 1 Million Cases, Leading The Company’s “Low Lux” Growth appeared first on Shanken News Daily. Read more
Rémy Cointreau’s net sales fell by 5.9% on an organic basis in its fiscal first half, largely due to ongoing challenges in China and an overall shipments decline amid a recent strategy shift undertaken by CEO Valérie Chapoulaud-Floquet. However, propelled … Continue reading →
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•Beam Suntory has agreed to sell its Spanish brandy and Sherry business to Emperador Inc. for €275 million ($292m). The agreement includes the Fundador, Harveys, Terry and Tres Cepas brands, as well as production operations in Jerez and Tomelloso, Spain. … Continue reading →
The post News Briefs for November 30, 2015 appeared first on Shanken News Daily. Read more
•Sebastopol, California’s Ace Cider is launching its newest offering, Space, to coincide with the upcoming release of the latest Star Wars movie. Made with blood orange purée and fresh-pressed apple cider, the unfiltered, orange-colored variant is recommended as an alternative … Continue reading →
The post Craft Brewing and Distilling News for November 30, 2015 appeared first on Shanken News Daily. Read more