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%...
FIGHT THE FAKES: HOW TO STOP COUNTERFEIT SPIRITS?
It’s a problem that costs the retail industry vast amounts of money, although given the lack of data surrounding the problem, no one really knows exactly how much counterfeit markets are costing their genuine counterparts. It’s an affliction that touches every sector,...
“Pre-drinking” or “pre-funking” common among young alcohol users
They call it "pre-drinking," "pre-partying" or "pre-funking," and it usually involves chugging cheap alcoholic drinks before heading out to a bar, club or sporting event. While addiction experts estimate that 65% to 75% of college-age youths engage in such boozy...
California 2012 ‘outstanding’
Winemakers in California are hailing the 2012 harvest as ‘outstanding’, with early estimates suggesting it could be a near-record crop at 3.7m tons. That’s about 12% up on last year’s small harvest and comes in sharp contrast with trends on the other side of the...
France wine production falls to 40-year low
PARIS — France's wine production slumped 20 percent to its lowest level in at least 40 years after weather damage and disease caused harvests to plunge in the Champagne and Beaujolais regions. Output fell to an estimated 1.08 billion gallons from 1.3 billion gallons...