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Archive for April, 2018

Whisky Advocate: China Prepares To Wage War On American Whiskey

Categories: News, Wine Industry News
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Tucked among a list of 106 U.S. products—including global commodities like corn and soybeans, passenger vehicles, frozen animal heads, and cryptic-sounding chemicals—the sight of “whiskies” surely caused hearts to sink across Kentucky. Yesterday, short... Read more

Eyeing Bourbon Drinkers, Edrington Relaunches Naked Grouse As A Blended Malt

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Edrington is targeting the small but growing blended malt Scotch whisky market with a revamp of its Naked Grouse label. Originally part of the Famous Grouse blended Scotch lineup, the new Naked Grouse is a mix of four single malt … Continue readi... Read more

News Briefs for April 5, 2018

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•The Carlyle Group has acquired Australia-based Accolade Wines from fellow private equity firm CHAMP for A$1 billion ($770m). Accolade’s portfolio, which numbers around 35 million cases globally, includes Hardys, Banrock Station, and others from Austra... Read more

Craft Brewing and Distilling News for April 5, 2018

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•San Diego-based Green Flash Brewing has been sold to WC IPA LLC, a newly formed investor group, for an undisclosed amount. The sale came after Comerica, Green Flash’s chief lender, foreclosed on the brewer. WC IPA LLC is led by … Continue readin... Read more

High-Altitude Vineyards that are Changing Wine

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The air up there can be a challenge for grape growers, but these extremes can produce memorable wines. Find out the story behind a few of the highest vineyards on six continents. Read more

“Some in the wine industry need to acknowledge that businesses need to make money” – just-drinks talks to CHAMP CEO John Haddock

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Earlier today, Australian private equity group CHAMP announced the divestment of Accolade Wines to The Carlyle Group for AUD1bn (US$768m). The news marks the end of CHAMP's association in wine, which started in 2011 when it bought 80% of Constellation ... Read more

Vinexpo CEO Guillaume Deglise departs

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International wine and spirits exhibition company Vinexpo has confirmed the departure of its CEO.  Read more

CHAMP finds a suitor for Accolade Wines as Carlyle talks come good

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Accolade Wines finally has a new owner, with Australian private equity group CHAMP and Constellation Brands securing a sale of the company to The Carlyle Group. Read more

China Adds Whiskey to Tariff List in Trade Showdown

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Both the US and Chinese governments are again upping the ante in their trade dispute. Yesterday, the Trump Administration shared a new list of Chinese imports to raise tariffs on, and in turn, China rolled out a new list of its own, which now includes ... Read more

10 Wines to Save or Splurge on for Tax Day

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Whether you owe money after taxes or are getting a large refund, you still deserve a glass of wine after all that number crunching. Here’s 10 wines for any budget, whether you're looking to save or splurge. Read more