US wine exports, 90% of which come from California, reached $1.61 billion in 2015 – a 7.6% increase on 2014 with volumes up 4.1% to 461 million litres.
Armit Wines has added the fledgling Digby Fine English wine range to its portfolio, the first English wine producer to be welcomed into its ranks.
Exports of Portuguese still wine to the UK grew in value by 4% in 2015, which the president of ViniPortugal says indicates a positive change in quality perceptions of the country’s wines.
AB InBev has agreed to sell SABMiller’s stake in China-based Snow beer, the world’s biggest-selling beer brand, for US$1.6 billion.
AB InBev, the world’s largest brewer, has reported revenue growth of 6.3% in 2015, despite profits dropping by 4%, with total volumes dipping by 0.6%.
New Zealand’s Craggy Range has joined Bibendum PLB with the aim of taking its brand “to the next level” in the UK, leaving previous distributor Louis Latour Agencies.
Gallo has strengthened its premium “LUX” portfolio having acquired the exclusive rights to distribute Italy’s Barolo-based Renato Ratti wines in the US.
The WSTA has responded to “overinflated” reports blaming alcohol for the UK’s rising cost of living, stressing that alcohol price inflation has actually dropped by 3% in the last year.
Africa’s Distell Group has revealed plans to double in size by 2020, following a record 2015 festive trading period.
Treasury Wine Estates’ strategy to up its premium offer appears to be paying off, with the company reporting a 42% rise in net profits in the first half.
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