Comments Off on Constellation’s Cannabis Investment Already Paying Off
Constellation Brands' total net sales were up 6% to just over $2 billion for the first quarter ended May 31, largely thanks to the beer portfolio. After showing improvement in Q4 last year, wine and spirits net sales were down 2.5%. Wine performed bett... Read more
Comments Off on 12 Rieslings From Around the World
Intensely aromatic and perfect for aging, Riesling comes in every style from dry to very sweet. Here are a few bottles you'll want on your shelf. Read more
Comments Off on This week in spirits & wine, featuring a new owner for Atlantico rum, Diageo’s Shuijingfang designs and the wine industry goes M&A crazy
Here's a round-up of this week's top stories from the global spirits & wine categories. Click the links to view our round-ups for beer & cider and soft drinks & bottled water. Read more
Comments Off on Constellation Sales Up 6% To $2 Billion In Fiscal First Quarter, Despite Wine And Spirits Slowdown
Constellation Brands enjoyed a strong start to its fiscal year, reporting a 6% net sales rise to just over $2 billion in the three months through May.Operating income, however, was down 4% to $638 million on a comparable basis, as … Continue read... Read more
Comments Off on With Play For Codorníu, The Carlyle Group Strikes Its Second Wine Deal Of 2018
The Carlyle Group, one of the world’s biggest private equity firms, has made its second acquisition this year in the premium wine space, yesterday agreeing to purchase a majority stake in family-owned Cava producer Codorníu Raventós Group. The deal, wh... Read more
•Three weeks after Napa’s June 5 election, the Napa County Registrar of Voters has finally certified the results of the tight race on Measure C, the ballot proposal that could have restricted vineyard development in Napa’s watersheds. The controversial... Read more
Comments Off on Craft Brewing and Distilling News for June 29, 2018
•Boston, Massachusetts-based Bully Boy Distillers has launched a new small-batch gin. The 45%-abv spirit is made from a sugar cane base and infused with Italian Juniper, ginger, blueberry, grapefruit, coriander, and chamomile, among other ingredients. ... Read more
Comments Off on Go Beyond Wine by Pairing Neat Spirits with Food
We know food loves wine, and even beer lends itself well to different dinner pairings. However, when it comes to spirits and food, people often go the cocktail route. It’s time to learn how to pair spirits like Tequila, arak, shochu and aquavit with your meal. Read more