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Sunday 1 March 2015

Business

Cali’s Kosta Browne gets new owner

A US-based private investment firm has bought a majority stake in cult Californian winery Kosta Browne.

Friday, January 9th, 2015 No Comments »

Croatian Fine Wines bolsters UK reach

Croatian Fine Wines has acquired Croatian Wines Direct with the aim of establishing itself as the focal point for Croatian wines in the UK.

Friday, January 9th, 2015 No Comments »

Beer sales boost Constellation revenue

Constellation Brands has reported a 7% rise in revenue in its third quarter results, boosted by sales of its beer brands including Corona and Modelo.

Thursday, January 8th, 2015 No Comments »

China austerity drive to impact until 2017

China’s austerity campaign will affect luxury drinks for a further two years, according to Kiki Yang, partner at Bain management consulting.

Monday, January 5th, 2015 No Comments »

Pernod Ricard sells Mexican RTD

Pernod Ricard has sold its Caribe wine cooler brand to Grupo Bepensa as part of a strategy to focus on its spirits and wine brands.

Monday, December 22nd, 2014 No Comments »

UK trade exceeds target on unit removal

The UK drinks trade has reached its target to remove one billion units of alcohol from the market by the end of 2015 ahead of schedule.

Friday, December 19th, 2014 No Comments »

UK on-trade sales slip 3% in 12 months

While the UK’s off-trade saw a slight return to growth, sales at pubs, bars and restaurants fell by 3% in the last 12 months.

Friday, December 19th, 2014 No Comments »

USL appeals for shareholder approval

India’s biggest spirits group United Spirits is to try again for shareholder approval to produce and market Diageo brands in the subcontinent.

Thursday, December 18th, 2014 No Comments »

Cuba deal opens door to US imports

For the first time in 53 years rum produced in Cuba will be allowed into the US, as the leaders of both countries move a step closer to normalising trade relations.

Thursday, December 18th, 2014 No Comments »

Treasury to offload ‘non-priority’ brands

Treasury Wine Estates could “retire” up to 25 brands to focus on its high-end ranges, the company’s chief executive has told shareholders.

Tuesday, December 16th, 2014 No Comments »

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