Wineries may have tough time raising prices
Wineries dealing with costly grapes and labor in 2012 tried to raise prices on their finished product, but most weren't able to do so, according to a new report issued today by Silicon Valley Bank. While many wineries think they may increase prices in 2013, executives...
American Single-Malt Whiskeys Serve Notice
The humid streets of Waco, Tex., may not have much in common with the misty glens of Scotland, home to some of the world’s best malt whiskeys. Not much, that is, until last month, when a single-malt whiskey from the Balcones Distillery in Waco bested nine others,...
Ohio liquor sales grew 7% last year-growth coming from both volume and price-12th consecutive year of growth
Ohio logs $849 million in liquor sales for 2012 Ohioans love their booze. Liquor sales climbed 7 percent last year to $849 million, eclipsing the state record set the previous year, the Ohio Division of Liquor Control reported Wednesday. It was at least the 12th...
U.S. wine makers get help from Australian weather woes
U.S. wine makers could receive an unexpected boon from an unfortunate source, namely fires sweeping across much of the southeastern Australia in recent weeks due to unusually hot weather. In addition to at least one death, the fires have taken an economic toll...
South Africa wine exports rise 17%: WOSA
Wine exports in South Africa had touched 417 million liters in 2012, a 17% increase compared to the 2011 figures, according to Wines of South Africa (WOSA) - the generic body for South African wine industry. The amount of wine exported is the largest by the country...
Pharrell Williams Sues Diageo for $5 Million
The rapper alleges that the spirits giant broke a contract to distribute his "Qream with a Q" alcoholic beverage. Pharrell Williams has sued marketing partner Diageo North America for $5 million in a New York City federal court, claiming that the spirits giant has...
Parents’ horror as new $35 device lets you INHALE alcohol goes on sale in U.S.
Parents have been warned of the dangers of a simple new device freely available online which heats alcohol and allows it to be inhaled - reportedly giving the user an instant but intense high. Released in December, the $35 Vaportini acts in a manner similar to a...
Saint-Gobain Sells U.S. Jar Unit to Ardagh for $1.7 Billion
Cie. de Saint-Gobain SA agreed to sell the U.S. business of its Verallia glass bottle-and-jar unit to Ardagh Group SA for $1.7 billion in a deal that tops the valuation placed on it in an earlier spinoff attempt. “It puts a high value on our North American containers...
Red wine prevents cholesterol build up from meat
Drinking a glass of red wine while eating red meat can counteract the build up of cholesterol following a meal, scientists have found. Finally there is an excuse to pick a good red wine with your Sunday roast – it can diminish the unhealthy effects of eating red meat....