The French wine industry is considering a radical shift in global marketing strategy, focusing on grape type rather than the region of production.
Direct-to-consumer wine shipments surged 11.5% for the 12 months ending April 2011, far outpacing the overall wine market, according to a new report from ShipCompliant/Wines & Vines.
Private liquor store transactions for beer, wine and spirits are up 6% for the 12 months that ended May 2011 and bar sales are up nearly 4%, according to Sageworks Inc., a financial analysis firm. Throughout the economic downturn, alcohol was one of the few discretionary luxury items to weather the storm, Sageworks analyst Tim McPeak said
SABMiller said that it had offered 4.9 Australian dollars, or $5.18, in cash for each Foster’s Group share, an offer that would value the Australian company at about $10 billion.
The Paddington Corporation announced a merger with Pelican Brands, LLC, forming Paddington Brands, a Carmel, Indiana-based wine, beer and spirits importer and U.S. sales agent.
Moët Hennessy USA announced a new agreement with Southern Wine & Spirits of America Inc., making Southern the exclusive national broker of its portfolio in the 18 control states.
Vine Cliff Winery appointed James Kress as winemaker at the family estate.
E.&J. Gallo purchased Edna Valley Vineyard from Diageo Chateau & Estate Wines Company and Paragon Vineyard Company.