Will even the WTO be able to help Caribbean rum exporters?
RUM has been one of the Caribbean's most valuable exports for over 300 years. Caribbean rum is world famous for its excellent quality and its attractive price. In a tough economic environment the rum industry has demonstrated a capacity for innovation to maintain its...
Diageo Now Undisputed World Number One Spirits Producer
The FINANCIAL -- Diageo’s acquisition of a majority stake in United Spirits will make it the world's undisputed top spirits company by volume, with more than 9% of the 20.2 billion litres (2011 volumes). It will be bigger than the next four international companies...
Prosecco’s Current Growth Just Scratching The Surface, Says Mionetto USA’s Ceola
The Prosecco category, now at more than 1 million cases in the U.S. and growing at around 35% annually, has been one of the hottest segments of the wine market, but leading Prosecco player Mionetto USA believes the best is yet to come. Mionetto, an Impact “Hot Brand,”...
Announcing Wine Enthusiast’s 2012 Wine Star Award Winners
Over more than a decade, the editors of Wine Enthusiast Magazine have honored individuals who have contributed to the success of the wine and spirits industry with the Wine Star Awards. The winners are noted for their energy and groundbreaking vision, but this year,...
Legislature to talk alcohol and education funding
Utah's Mr. Liquor is back. After taking a legislative session off from alcohol policy reforms, Sen. John Valentine, R-Orem, is ready to once again tackle the heavy task of addressing alcohol consumption in the state. On Monday Valentine said he expects to address...
AAI to Department of Justice: Stop Corona Budweiser Deal
The American Antitrust Institute (AAI) today called on the Department of Justice to stop the Budweiser Corona deal. The group released a white paper concluding that the recently proposed acquisition of full ownership of Mexico’s Grupo Modelo (Modelo) by Anheuser-Busch...
Lenders see uptick in wine industry demand
A number of wine industry lenders in the North Bay have seen an uptick in demand for financing this year as wineries, vineyards and related industries seek to position themselves more strongly in a changed economy. Those increases have been supported by a wave of...
Edrington boosted by overseas growth
Glasgow-based Edrington, which is controlled by the charit-able Robertson Trust, unveiled a 6% rise in first-half turnover to £295.9m as it published its interim results yesterday. It also declared it was not witnessing any slowdown in Asia, citing Taiwan as its...
Europe stunts Campari’s 9-month growth
Gruppo Campari has seen only moderate growth so far in 2012 after a heel-dragging performance in Europe tempered advances in emerging markets. The Italy-headquartered group said sales for the first nine months of the year stood at € 931.6 million following +4.8%...