‘No chance of a glut’ say NZ winemakers as they celebrate bumper crop
Many New Zealand winemakers, excited at the prospect of an outstanding 2013 vintage and a chance to replenish stocks after the low grape haul in 2012, are playing down talk of a glut. 'Stunning' summer weather and a dry autumn may be causing drought issues in some...
Craft Beer is now a $10bn category
Craft beer is now a $10 billion category. As part of its annual report on the state of the U.S. craft beer industry, the Brewers Association (BA) — a trade group representing small and independent brewers — indicated that U.S. craft beer volumes reached an all-time...
Yucaipa taps into U.S. Craft Beers – invests in startup that will spend over $100 million to help brewers boost capacity
Ron Burkle's Yucaipa Cos. is the latest investment firm to tap the small but fast-growing craft beer industry, taking a majority stake in a startup company that plans to spend more than $100 million to build five new breweries. Instead of brewing its own beer, Brew...
Legislative panel in Pennsylvania endorses revamped liquor bill
A legislative panel on Monday endorsed a revamped version of Gov. Tom Corbett's liquor privatization bill that would give existing beer distributors first crack at liquor and wine licenses and expand the sale of wine in grocery stores. In a 14-10 party-line vote, the...
New breakaway sparkling wine appellation to rival Cava
Leading Penedes winemaker Raventos I Blanc – which quit the Cava DO because of 'poor image and low standards' – has unveiled the framework for a new sparkling wine appellation. The proposed designation, named Conca Del Riu Anoia, will significantly deviate from the...
Vodka-Red Bulls and other energy drink cocktails may soon be illegal for bars in Tennessee to serve – new bill bans energy drinks wherever alcohol is served
Jager bombs, Vodka-Red Bulls, Electric Screwdrivers and other energy drink cocktails may soon be illegal for restaurants and bars to serve if House Bill 347 passes through the state legislature. HB 347 by Rep. McManus prohibits the sale of energy drinks at a business...
Spirit producers eye spiced rum market potential
To track the growth of spiced rum you only need look at the flurry of new players falling over themselves to enter the marketplace. Rewind to the noughties and you would have seen just one or two brands on the shelf, brands considered revolutionary and exciting for...
Global Champagne exports have increased by 3.4% in value while volume has declined
Champagne exports across the globe has increased by 3.4% in value while the number of bottles exported fell by four million in 2012, according to the Comité Interprofessionnel du Vin de Champagne (CIVC), a France-based organization that groups the Champagne producers...
SPI, Partners considering counterbid to Tariko’s offer for CEDC
Days after troubled vodka producer Central European Distribution Corp. endorsed a restructuring of its business to be led by Russian Standard chairman Roustam Tariko, Shanken News Daily has learned that Stolichnaya owner SPI Group is contemplating its own offer for...