•Treasury Wine Estates has agreed to pay A$49 million ($39m) to settle a class-action lawsuit related to an A$160 million ($127m) writedown of its U.S. business in 2013, which included the destruction of millions of bottles of excess wine. The … Continue reading →
The post News Briefs for August 28, 2017 appeared first on Shanken News Daily. Read more
•Alaskan Brewing Co. has released two fall seasonals: Heritage Coffee Brown Ale and Mocha Milk Stout. The beers were made in collaboration with Heritage Coffee Roasting Company. The 7%-abv Heritage brown ale incorporates coffee throughout the brewing process with malts … Continue reading →
The post Craft Brewing and Distilling News for August 28, 2017 appeared first on Shanken News Daily. Read more
Connecticut-based importer Evaton USA is the U.S. subsidiary of Portuguese wine producer Sogrape Vinhos. While parent company Sogrape Vinhos has sales of about $250 million, Evaton is projecting sales of 500,000 cases and $24 million for 2017. Evaton is currently reorienting … Continue reading →
The post Sogrape Subsidiary Evaton Plots Move Upmarket appeared first on Shanken News Daily. Read more
•For Scotch lovers with deep pockets, it’s the most wonderful time of the year. Diageo has announced its 10 annual Special Release whiskies. Each of these rare whiskies is sure to be highly sought-after by collectors and enthusiasts. This year, … Continue reading →
The post News Briefs for August 25, 2017 appeared first on Shanken News Daily. Read more