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Archive for November, 2015

Angel’s Envy Co-founder Invests $14 Million in Stolen Spirits

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After the successful sale of Angel's Envy earlier this year, one of the brand's co-founders, Marc Bushala, announced he would establish a $50 million Innovation Fund through his Chicago-based company Liquid Asset Brands (LAB) to invest in other small s... Read more

Exclusive: Pasternak Launching “Legende,” An Accessible Bordeaux Targeting Millennials

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Pasternak Wine Imports is preparing the release of Legende, a new range of entry-level Bordeaux wines from Domaines Barons de Rothschild (Lafite). Rolling out in spring 2016, the Legende line will include a Bordeaux Blanc and Bordeaux Rouge (around $20 a … Continue reading

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News Briefs for November 17, 2015

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•Cincinnati-based Kroger Co. is acquiring the Milwaukee-based regional grocer Roundy’s for about $800 million, including debt. Roundy’s is the parent company of the 34-store Mariano’s supermarket chain in metro Chicago, founded in 2010 by Roundy’s CEO Robert Mariano, who’s expected … Continue reading

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Craft Brewing and Distilling News for November 17, 2015

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•New Belgium Brewing has introduced two new year-round “gluten-reduced” ales, Glütiny Golden Ale and Glütiny Pale Ale, both of which retail at around $10 a six-pack. The Golden Ale is 5.2% abv and brewed with Nugget, Goldings and Cascade hops … Continue reading

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Majestic Wines cuts new stores as H1 profits drop

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Majestic Wines is to scale back store openings after its first-half profits plummeted. Read more

Can Romania step up to the world wine stage? – analysis

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The Romanian wine industry is at the start of its own revolution. Families who previously struggled to get their properties back following Communist-era ownership are recovering, and funds from the European Union, given in 2009 for the replanting of vines, are starting to bear fruit. The industry, which stands at 243,000 hectares at the last count, is now in a position to move forward. Read more

Can Romania step up to the world wine stage? – Analysis

Categories: Wine Industry News
Comments Off on Can Romania step up to the world wine stage? – Analysis
The Romanian wine industry is at the start of its own revolution. Families who previously struggled to get their properties back following Communist-era ownership are recovering, and funds from the European Union, given in 2009 for the replanting of vines, are starting to bear fruit. The industry, which stands at 243,000 hectares at the last count, is now in a position to move forward. Read more

Kroger Moves to “Knock Down Silos” between Bev Alc Categories

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Last month, sister publication Beer Business Daily broke the news that Kroger, the second largest grocery retailer in the country, would be teaming up with Southern Wine & Spirits, the largest wine and spirits distributor, to remodel its bev alc strategy [see WSD 10-27-2015]. Read more

After Long Decline, Jose Cuervo Finds Silver Lining To Achieve Turnaround

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After years of struggle while the Tequila category achieved some of the most impressive growth in the spirits business, Jose Cuervo is again on the rise. Following a half-decade of decline, Cuervo, the category leader, eked out a 0.9% depletions increase … Continue reading

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Wine Spectator’s Wine of the Year: Peter Michael Winery’s Au Paradis Cabernet

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Wine Spectator has announced its Wine of the Year ahead of the full unveiling of its Top 100 list for 2015. Peter Michael Winery’s Cabernet Sauvignon Oakville Au Paradis 2012, which received a score of 96 points from the magazine … Continue reading

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