Remy Cointreau sells Larsen Cognac to Altia less than a year after acquiring the brand
June 11, 2013 Rémy Cointreau has announced the sale of Larsen Cognac to Nordic group Altia less than a year after buying the brand out of family ownership. The deal, which is expected to complete in the next three months, includes “the brand, industrial and commercial...
Pennsylvania liquor privatization drive hits wholesale snag
June 10, 2013 What may end up derailing the Republicans' drive to privatize Pennsylvania's sale of wine and liquor is not who gets to sell it — but who gets to deliver it. Both a four-month-old plan by Gov. Tom Corbett, a Republican, and a bill that passed the...
Oregon liquor control board extends 50-cent surcharge on sales
June 7, 2013 Oregon liquor authorities voted Thursday to extend a 50-cent surcharge on every bottle sold, but delayed a decision on whether to tack on another 25 cents, which Democratic lawmakers have requested. The half-buck fee comes on top of the additional charges...
Napa Valley to replant up to 15% of vineyards over next five to six years
June 7, 2013 A massive replanting that will uproot 15% of vineyards in Napa Valley over the next five to six years has begun, according to Napa Valley Grapegrowers. Jennifer Putnam, the group’s executive director, said nurseries were completely sold out of...
TTB amending the regulations regarding the mandatory label information for wine
June 7, 2013 On June 10, 2013, the Alcohol and Tobacco Tax and Trade Bureau (TTB) will publish a final rule in the Federal Register amending its regulations regarding the mandatory labeling requirements for wine. The regulatory change permits alcohol content to appear...
France demands emergency EU summit over China’s wine tax threat
June 6, 2013 One day after the European Commission levied heavy tariffs, reaching 48pc in August, on subsidised solar panels made in China, the Far Eastern country announced it is considering a tit-for-tat move to levy a similar “anti-dumping” duty on wines made in...
Brown-Forman reports rise in Q4 sales and profits
June 6, 2013 Brown-Forman Corp. reported a rise in both revenue and net income for the fourth quarter and all of fiscal 2013, and the company said it expects the upward trend to continue in 2014. The Louisville-based spirits and wine maker reported that fourth-quarter...
Oregon Liquor Control Commissioners to vote on extending the 50-cent surcharge on distilled spirits and a possible 25-cent increase of the surcharge
June 5, 2013 The Commissioners of the Oregon Liquor Control Commission will hold a special Commission meeting Thursday, June 6 at 7:30 a.m. via phone. At the meeting, the Commissioners will vote on whether to continue the 50-cent surcharge on distilled spirits in...
Deadline looming, senator to submit a different plan on liquor privatization in Pennsylvania
June 5, 2013 After a final hearing on privatizing state liquor sales, the chairman of a key Senate committee said Tuesday he will unveil a plan that departs from the House proposal with less than two weeks to negotiate differences before Gov. Tom Corbett's requested...