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Archive for January, 2018

VSPT Wine Group offloads 12.5% stake to China’s Yanghe Distillery Co

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Chile's VSPT Wine Group has sold a minority share to a distilled drinks company in China.  Read more

With A Burgeoning East Coast Presence, Wilson Daniels Spreads Its Wings

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After opening its New York and New Jersey wholesale operation two years ago, California-based fine wine player Wilson Daniels has continued to raise its profile as a bicoastal force. Last year, Wilson Daniels Wholesale had revenues of about $26 million... Read more

News Briefs for January 16, 2018

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•Pernod Ricard has named Jonas Tahlin as chief marketing officer of its U.S. spirits business. He replaces Pierre Berard, who recently transitioned to become global director of Martell, Mumm & Perrier-Jouët. In addition to leading U.S. marketing ef... Read more

Craft Brewing and Distilling News for January 16, 2018

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•Craft Brew Alliance’s Kona Brewing Company has launched Kanaha Blonde Ale nationwide. The 4.2%-abv ale is 99 calories a 12-ounce serving and is brewed with Alchemy, Mosaic and Amarillo hops. Previously exclusive to California and Hawaii, Kanaha Blonde... Read more

Rioja eyes China growth as 2018 budget inches up

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The trade association for the Rioja wine region in Spain has secured a slight lift in its annual budget, with spend set to increase in China. Read more

TTB Issues Guidance on Craft Beverage Modernization and Tax Reform

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The TTB has issued some initial guidance on how the new federal wine excise tax credits will work as implemented by the Tax Cuts and Jobs Act late last month.  First and foremost, it is clear that the tax rates are for the calendar years 2018 and 2019. All 2017 excise tax filing needs to […] Read more

Introducing the 2017 Hot Brands — Bella Grace Vineyards

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2016 3 Graces Blanc, Plymouth, CA Read more

Sri Lanka president refuses Government plans to allow women to buy alcohol – report

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The president of Sri Lanka has rejected the Government's attempt to scrap a law in the country that prevents women from buying alcohol. Read more

RTD segment still strong, but growth set to slow – research

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RTDs remain one of the healthiest and most dynamic beverage sectors, but growth is decelerating as sales soften in the US, according to a new report. Read more

Vintage Wine Estates continues acquisition trail with Tamarack Cellars buy

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Vintage Wine Estates has added a Washington state winery to its stable in the same month as it completes a deal for several wine brands.  Read more