Economic impact of wine – example Ontario: every bottle of wine produced creates spinoff benefits worth $40, adding up to a national economic impact of almost $7 billion
Every bottle of wine produced in Ontario creates spinoff benefits worth $40, an economic impact study found, adding up to a national economic impact of almost $7 billion and more than 31,000 jobs. The report was commissioned by the Canadian Vintners Association and...
German wine exports continue to slide, down by 15.2% in 2012 compared to 2011
German wine exports slid by 15.2% in 2012 compared to 2011, continuing a declining trend from the previous year, according to statistics released by the German Wine Institute. The drop in the volume of exports in 2012, to 1.3m hectolitres, follows an 11.8% drop in...
Subpremium beers yield ‘Fast Nickels’, but advertising more expensive brews brings in ‘Slow Dimes’
With the beer market inundated by fruity flavored brews, pricey craft brands and Justin Timberlake ads, what ever happened to Joe Six-Pack? He's still there, chugging cheap beers after work, but brewers are dedicating fewer dollars to reach him as the "subpremium"...
SPI Group, along with a consortium of other investors, has made a bid for embattled Russian vodka group Central European Distribution Corp
The consortium, which also includes A1 – a division of Russia’s Alfa bank – and CEDC shareholder Mark Kaufman, made an offer for the Poland-based drinks group for US$280 million cash and $650m in new debt to restructure the group. In exchange the consortium would...
Pernod Ricard is recalling its sparkling vodka Absolut Tune due to labeling and compliance issues
Pernod Ricard USA is voluntarily recalling Absolut TUNE, a sparkling fusion of wine and vodka, because its label neglected to disclose that the product contains sulfites. The sulfites in TUNE are safe for the vast majority of people, and sulfites are present in many...
Liquor privatization faces slower Senate in Pennsylvania
The confetti has been swept up and the empty champagne bottles cleared away. The hubbub of news releases, tweets and Facebook postings trumpeting the pros and cons of Pennsylvania's latest liquor privatization bill has culminated in its passage by the House. In a...
Bourbon Mania – a curious cocktail of scarcity, black-market machinations and artisanal cachet
There is was, just a few tantalizing feet away: the legendary Pappy Van Winkle's Family Reserve 23-Year-Old, the most prized bourbon in the world. It was in Dallas, at a place called the Chesterfield. An eccentric cocktail guru named Eddie "Lucky" Campbell had stood...
February 2013 Control State results: volume down 0.4% and revenue up 2.6%
During February, nine-liter spirits case sales in the control states fell 0.4% compared to same month last year sales. Rolling-twelve month volumes were up 3.5% compared with January’s 4.0% Maine reported a monthly growth rate exceeding its twelve month trend. Control...
Global wine production fell ~6% last year due to bad weather in Europe and a policy to drain its ‘wine lakes’, while Chile and United States saw a jump in harvests
The International Organisation of Vine and Wine (OIV) said world production was down around 6 percent in 2012 at 251 million hectolitres (Mhl), a level it described as very low. European Union output fell 10 percent to 141 Mhl, with France suffering a drop of nearly...