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Archive for June, 2018

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29
Jun

How did Constellation Brands perform in its Q1? – results data

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Constellation Brands has posted a 6% lift in group sales on the corresponding period a year earlier. Read more
29
Jun

Carlyle Group set to follow Accolade Wines buy with Grupo Codorniu stake acquisition

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The Carlyle Group has made its second sizeable investment in the global wine category, this time lining up the purchase of majority control of Spanish cava giant Grupo Codorníu. Read more
29
Jun

Champagne Castelnau buys Villa Tassigny property

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Champagne Castelnau has purchased a property in Reims as it looks to cater for visitors to the Champagne region. Read more
28
Jun

Alert, Codorniu Sells Majority Stake to Private Equity

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After reportedly rebuffing the first offer made earlier this year, Barcelona-based cava producer Codorniu has agreed to sell a majority stake in the company to US private equity firm the Carlyle Group, per a release. The purchase price was not disclose... Read more
28
Jun

Rum Moves To The High End In U.S. Market

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Total rum volumes in the U.S. market declined 1% to 22.7 million cases last year, according to Impact Databank. But while rum has faced challenges in recent years, its leading players continue to eye growth at the premium-and-above tiers, where …... Read more
28
Jun

Wine Spectator: E. & J. Gallo Buys Dave Phinney’s Locations Wine Brand

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Two years after acquiring Orin Swift Cellars, E. & J. Gallo announced yesterday that it has purchased another of star winemaker Dave Phinney’s brands, Locations. The joint venture was started by Phinney and importer Aveníu Brands, a subsidiary of S... Read more
28
Jun

Baijiu, the World’s Most Popular Spirit You May Never Have Heard Of

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Vodka, whiskey, gin, rum and Tequila? They have a long way to go in order to reach the popularity of baijiu, the most consumed spirit on Earth. But what’s the story behind this fascinating Chinese liquor, and will it soon be coming to a bar near you? Read more
28
Jun

Most Consumers Don’t Find Alcohol, Cannabis Interchangeable

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n 2017, the legal market for cannabis in the US was $9 billion, and could be $24 billion by 2021, assuming no major shifts in regulation, according to a presentation yesterday from Colorado-based cannabis research firm BDS Analytics. As cannabis contin... Read more
28
Jun

Heaven Hill Brands’ Dubonnet Rouge Aperitif – Product Launch

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Heaven Hill Brands is set to relaunch the Dubonnet aperitif brand in the US, featuring an updated recipe and "vintage" packaging. Read more
28
Jun

E&J Gallo Winery snaps up Locations wine brand

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E&J Gallo Winery has lined up the acquisition of multi-nation wine brand Locations. Read more
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