Overview -- Brown-Forman announced on Nov. 27, 2012, a special dividend of $4 per share of its Class A and Class B common stock to be paid on Dec. 27, 2012. -- We believe the dividend may amount to approximately $850 million and will be largely debt-financed, which...

French wine consumption has fallen to a new low with the average adult now consuming the equivalent of barely a glass a day, the latest edition of a major consumption survey has found. A study that will have viticulteurs weeping into their vats also revealed that...

Two weeks after raising its regular quarterly dividend, Brown-Forman (BFB) declared a special cash dividend of $4.00 a share on Tuesday as it looks to return money to shareholders ahead of the fiscal cliff deadline that could significantly raise dividend taxes. The...

The new denominations cover the entire range of Chile’s viticultural regions, from Malleco Valley in the south to Elqui Valley in the north. They are not compulsory but ‘complementary’. While the move has been broadly welcomed, some observers are doubtful as to to...

French drinks group Remy Cointreau reassured investors that Chinese consumers are still thirsty for cognac as it showed orders from wholesalers picked up after a slowdown in the second quarter. The maker of Remy Martin cognac and Cointreau liqueur stuck by its goal...

Fine wines, as every connoisseur knows, improve with age and few new-world vintages have a price tag to rival Penfolds Grange. But analysts at Macquarie think the Penfolds brand risks stagnating if it remains trapped within Australia-listed Treasury Wine...

A new era of tight global wine supplies will weaken the age-old divide between New World and Old World, according to a PricewaterhouseCoopers retail analyst. Supermarkets' need to put wine on shelves at the best possible price will require them to become more flexible...

”There is no downside to serving beer and wine,” said Fresh To Order’s COO. He’s among the fast-casual chains aiming to boost sales with alcohol, and will add a full bar when its seventh unit opens this year. Other operators weigh the pros and cons in serving spirits,...

After three months of work, a Kentucky task force aimed at overhauling the state's alcoholic-beverage regulations that date back to Prohibition is close to sending its report to Gov. Steve Beshear - but it won't address some of the biggest issues. The task force is...