Industrial going craft: Pernod Ricard launches Absolut Craft – category validation or serious threat to craft distillers?
Pernod Ricard USA, a US-based premium spirits and wine company and owner of the ABSOLUT VODKA brand, has launched a collection of flavored spirits - ABSOLUT CRAFT. The collection is co-created by Pernod Ricard master bartender Nick Strangeway for professional...
US criticizes EU restrictions on wine labels, saying they hinder US wine exports
The United States on Monday criticized the European Union's restrictions on wine labeling, saying they hinder US wine exports to the 27-nation bloc. The US Trade Representative's office said the EU's policy of seeking exclusive use of so-called traditional terms such...
Scotch exports hit by eurozone debt crisis
Scotch whisky exports edged up by just 1 per cent last year as changes to the rate of duty in France and the eurozone debt crisis continued to take their toll. Overseas sales hit £4.3 billion, a new record, but failed to match the 23 per cent rise reported in 2011...
New wine supply chain emerging? New bill to let wineries, restaurants, grocery stores and wine shops in Oregon dispense wine in consumer-supplied growlers of up to two gallons
Fans of Oregon craft beer can bring a reusable container known as a "growler" to their local brewery and fill up, and the Oregon wine industry wants in on that kind of trade. The state Senate raised a glass to the idea Thursday, voting unanimously to let wineries,...
Pernod Ricard is said to seek acquisitions in spirits and wine brands in the US and emerging markets
The world's second-largest alcoholic beverage group Pernod Ricard SA is looking for possible acquisition targets in the U.S. and in emerging markets, Les Echos newspaper reports Friday. "The two areas we are looking at the most is the U.S. and the emerging markets,"...
Around 45% of liquor buyers in Pennsylvania are bootleggers according to a LCB poll
The Keystone State’s Prohibition-era liquor laws encourage some residents to buy alcohol from other states and bring it back to Pennsylvania. It used to be called bootlegging, which refers to the illegal manufacture, sale or distribution of alcohol. Yet Pennsylvania...
SPI Group has withdrawn its proposal to restructure troubled vodka producer CEDC, just days after placing a bid
The owner of Stolichnaya vodka, along with a consortium of other investors, including investment company A1 and CEDC shareholder Mark Kaufman, have pulled their bid offer of US$280 million cash and $650m in new debt to restructure the group, which was made just last...
Bill that would repeal the West Virginia’s longstanding prohibition on Sunday retail liquor sales advances
One of West Virginia's so-called "blue laws" would come off the books under a bill advancing in the House of Delegates. The House Judiciary Committee on Monday advanced a bill that would repeal the state's longstanding prohibition on Sunday retail liquor sales. The...
Climate change and global warming might rewrite the world of wine
It's circa 2050 and shoppers are stopping off at Ikea to buy fine wine made in Sweden. A Nordic fantasy? Not according to climate experts who say the Earth's warming phase is already driving a wave of change through the world of wine. As new frontiers for grape...