Wine Spin-off Could Decant Penfolds True Value
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...
Short wine supplies will lead to flexibility on provenance
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...
Happy Hour
”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,...
Is Kentucky’s alcohol regulatory reform going flat?
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...
Chill wipes out grapes
Spring frosts may wipe out more than 20 per cent of Central Otago's wine harvest next year. The area is the third-largest wine region in New Zealand, behind Marlborough and Hawke's Bay. "It's too early to be sure but my conservative estimate is for a 20 per cent loss...
CEDC asks top investor to make a buyout offer
Polish vodka maker Central European Distribution Corp (CEDC.O) on Wednesday urged its top shareholder, Russian billionaire Roustam Tariko, to make an offer for the company or help deal with its financing issues. "If Russian Standard wants total control of CEDC to the...
US: Corks rule in new report
US: Screw caps are closing the gap on synthetic cork wine closures, according to research by Wine Intelligence. But natural cork still remains the most popular closure. The new Wine Intelligence report said that the cork-centric view of the US market is gradually...
Why Can’t I Hold My Alcohol Anymore?
If sometime Thursday afternoon you suddenly find your legs feeling like jelly (cranberry, of course) and your head feeling as if it is crammed with stuffing, you may be inclined to chalk it up to that 3rd helping of turkey or the 10th narrowly averted family argument....
4 Reasons Why Thanksgiving Eve is Biggest Drinking Night of the Year
You may have heard of Black Friday, but on the flipside of the Thanksgiving holiday is its mirror image, Black Wednesday. Instead of a day invented by marketing firms and ad agencies to sell marked-up-and-slashed-down consumer goods, the Wednesday before Thanksgiving...