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Archive for February, 2017

Treasury Wine Estates’ Sales Jump 20% In Fiscal First Half

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Treasury Wine Estates (TWE) is toasting a strong start to its fiscal year, with net revenue leaping by 20% to A$1.3 billion ($993m) in the six months through December, representing the company’s fiscal first half. TWE’s volume vaulted by 19% … Continue reading

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Beam Suntory Achieves Mid-Single Digit Growth Amid Strong Results In Americas

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Beam Suntory posted mid-single digit growth in 2016, driven by what parent company Suntory Holdings Ltd. called a strong performance in the Americas region. Beam Suntory’s U.S. sales also rose by mid-single-digits, propelled by its thriving Bourbon business. Flagship brand … Continue reading

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Tim Fish Is Now Wine Spectator’s Lead Taster Of Oregon And Washington Wines

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Wine Spectator senior editor Tim Fish is now the lead taster for the wines of Oregon and Washington. Fish, 57, has been working alongside editor at large Harvey Steiman, the longtime taster for both regions, for close to a year … Continue reading

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News Briefs for February 14, 2017

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•Jose Cuervo Tequila has launched a new limited edition bottle series in partnership with artist Ricardo Cavolo. Created to commemorate the brand’s 222-year history, the lineup features four illustrated bottle designs across Cuervo’s Gold and Silver expressions. The designs’ imagery … Continue reading

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Craft Brewing and Distilling News for February 14, 2017

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•Bluecoat American Dry Gin is set to open its new distillery in Philadelphia’s Fishtown neighborhood next week. The facility is housed in a 15,000-square-foot warehouse, which recently underwent a $4.5 million renovation. In addition to increasing capacity with hand-hammered 1,500- … Continue reading

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California wine exports reach $1.62 billion in 2016

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U.S. wine exports, 90 percent of which are from California, reached $1.62 billion in winery revenues in 2016, a new record, according to the San Francisco-based Wine Institute. Despite challenges from a strong dollar, winer... Read more

Treasury Wine Estates sees H1 sales, profits soar – results

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Treasury Wine Estates has reported a near-25% leap in first-half net sales, and confirmed that CEO Michael Clarke will split his time throughout this calendar year between Australia and the US. Read more

Cali Crush Beats Predictions at 4 Million Tons

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The 2016 California wine grape harvest came in a bit higher than most predictions at nearly 4 million tons, according to the California Department of Food and Agriculture's preliminary grape crush report. That's about 295,000 tons more than 2015, per T... Read more

New Amsterdam, Tito’s Drive Solid Growth For U.S. Market’s Top 10 Vodka Brands

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While vodka’s growth has been slowing over the past few years, the category’s prevalence among the U.S. market’s biggest-selling spirits brands demonstrates its continuing strength. Ten vodkas rank among the market’s top 25 spirits brands, according to Impact Databank, with … Continue reading

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News Briefs for February 13, 2017

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•New Jersey-based Vision Wine & Spirits is releasing a new limited edition single cask Scotch whisky from Speyside producer Benromach. Matured for 41 years in a Sherry cask, Benromach 1974 is packaged in a decanter-style bottle and presentation box, and … Continue reading

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