Could investing in wine boost your wealth?
Whether it's baseball cards or Beanie Babies, most collections don't result in financial gain for the collector. The dividends tend to be paid out in enjoyment instead of dollars, and only the rarest of specimens will ever appreciate in value. Investing in more...
Subsidising wine
The EU has now increased the sum available for promoting wine over the period 2014 to 2018 by 121 per cent to €1.15bn "Making good wine is just the beginning - selling it is what's difficult." So says Silvana Ballotta, and she should know: she runs Business Strategies...
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. Dozens of suppliers, retailers and producers signed up to the Public Health Responsibility Deal in 2011, pledging to remove one...
Global wine trade goes under the microscope in new Rabobank report
Giant wine bladders, thirsty Chinese and American consumers and growing demand for premium wine have been the most significant forces in the wine industry over the last five years, according to Rabobank researchers. And in the future they're predicting drops in...
Craft distillers breathe new life into US market
The rise of artisanal and handmade ales has given the craft movement a new lease of life - and in the US, craft distillation has followed the lead of the booming craft brewing industry. A decade ago, only a handful of tiny distilleries existed, producing just a few...
New York: Craft New York Act Unleashes Craft Distillers
After months in limbo, Van Brunt Stillhouse is finally able to pour a stiff drink. The Red Hook, Brooklyn, distillery, which crafts rum and whiskey, is among a growing number of small-batch spirits makers around the state that can now offer new and expanded beverage...
Tales of the Cocktail generates $82m for New Orleans economy
Visitors to the Tales of the Cocktail festival over the past seven years have helped generate US$82.5 million for the New Orleans economy, which has been blighted by devastating storms in recent years. Every July cocktail enthusiasts and the bar trade from around the...
Washington: Washington has highest liquor prices nationwide
As people prepare to toast the holidays, many are buying their alcohol across state lines. Two years after liquor was privatized in Washington, a new report found that liquor prices in Washington are the highest in the nation. KREM's 2 On Your Side looked into how the...
Texas: State sued for stifling the Texas craft beer renaissance
Three Texas breweries filed a lawsuit against the state on Wednesday seeking to to overturn a 2013 law they say violates the Texas Constitution by forcing them to give away their territorial distribution rights for free. In their complaint, filed in state district...