According to Morgan Stanley’s consumer research report, beer and wine did slightly better this year while spirits were down. For the future, they project 3% annual wine volume growth and 2% spirit growth. One leading factor pushing wine and spirits is that women are increasingly switching from beer to wine and especially spirits, mainly due … Continue reading “WINE POISED FOR A SOLID FUTURE”

The European Commission in Brussels is expected to unveil major changes today designed to cutback on the overwhelming surplus in Europe. In order to reduce production of low-quality wines, the Commission plans to pay winemakers $3 billion during the next six years to cut out 400,000 hectares of vineyards, according to the draft of planned … Continue reading “THE EU GETS UP TO SPEED WITH THE NEW WORLD”

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France’s Belvedere SA has purchased the Danzka vodka brand from Sweden’s V&S. Under the agreement, Belvedere will market and distribute Danzka while V&S will continue to produce the vodka for the next five months until Belvedere makes further arrangements. Now that Danzka is sold, V&S can concentrate on premium brands such as Absolut, Level and … Continue reading “SOLD: V&S DANZKA VODKA”

Peter Jackson will become the new managing director for Foster’s UK and European wine business beginning June 1, replacing John Philips. “I am delighted to lead the business at such an exciting time,” Peter said. “With the integration of Beringer Blass and Southcorp completed we are now ready to focus on growing the top line … Continue reading “JOHN PHILIPS STEPS DOWN FROM FOSTER’S”

Pernod Ricard reportedly wants to grow their champagne business which already ranks 4th worldwide thanks to Mumm and Perrier-Jouet. CEO and Chairman Patrick Ricard told a group of reporters and analysts that Pernod has a “huge ambition” to become a major player in champagne, according to CNN. Patrick told the group that the company would … Continue reading “BREAK OUT THE BUBBLY, PERNOD’S ON THE PROWL”

UB Group, an Indian wine and spirits company run by Vijay Mallya, has offered close to $800 million for the acquisition of Taittinger, the world’s sixth-largest champagne company. According to sources, UB group put in its bid for the French company last week despite recent denials made by UB. You are unauthorized to view this … Continue reading “UB GROUP GOES FOR TAITTINGER”

California wineries are attempting to spread their wings in China. As the largest wine consuming nation in Asia, although less advanced than Japan, Western wine-producing nations are lunging at this widely untapped market with enormous consumer potential. However, only 5.3% of the total volume sold in 2004 was foreign wine while imported spirits accounted for … Continue reading “CALIFORNIA WINEMAKERS VIE FOR THE EMERGING CHINESE PALATE”

Republic Beverage announced today the acquisition of Majestic Marketing Company, an Oklahoma brokerage firm, from Alan Musser. “Alan will continue to lead the Majestic division during the integration process in conjunction with Daniel Zeigler, President of RBC-Oklahoma,” said Bob Hendrickson, president of Republic’s Open States division.After Republic’s merger with National Distributing Company, the new company … Continue reading “REPUBLIC ACQUIRES A NEW BROKERAGE OPERATION”

In an ominous development for wholesaler advocates, a Texas court signed a preliminary injunction that makes it legal for out-of-state beer and wine RETAILERS to ship to adults in the state without a permit. Northern Texas District Judge John McBryde wrote the order, which states that “out-of-state retailers using permitted carriers may ship wine to … Continue reading “TEXAS COURT SIDESTEPS DISTRIBUTORS”

Southern Wine & Spirits has promoted Bobby Burg to Senior Vice President, Operation & Supply Chain Strategy, and Barry Goldberg to Senior Vice President, Chief Information Officer & Managing Director, Business Solutions Group. You are unauthorized to view this page. Username Password Remember Me     Forgot Password

A Florida tax on alcoholic beverages sold in restaurants may have seen its final day. The tax has been cut twice before since it was passed in the 1990’s, and now the final repeal is awaiting Gov. Jeb Bush’s signature. The tax currently brings in $40 million a year and has been fought by The … Continue reading “FLORIDA RESTAURANT ASSOCIATION FIGHTS ALCOHOL TAX”

Despite all the hype and press surrounding the Australian grape glut – which WSD is guilty of as well – at least one beverage research agency claims that excess grapes are the least of Australia’s problems. The UK-based International Wine and Spirit Record said in a recent report that grape shortages will likely be a … Continue reading “AUSTRALIAN GLUT LEAST OF THEIR WORRIES”

Mendocino County grape growers and vintners voted in favor of the Mendocino Winegrape & Wine Commission by approximately 85% following a 30-day industry referendum. As the only California Agricultural Commission that includes grape growers and vintners, both groups will be charged $10 per ton for grapes sold and/or processed. The funds will target promotion and … Continue reading “MENDOCINO COUNTY PUMPS UP THE VOLUME”

A bi-partisan coalition of New York’s Congressional Delegation is asking the U.S. Department of Agriculture Secretary Mike Johanns to provide disaster assistance to grape growers affected by the spring freeze. A letter initiated by Hillary Rodham Clinton asked the USDA Secretary to provide enough money to help grape producers to recover.”Mother Nature has not been … Continue reading “SEN. CLINTON STEPS IN FOR NEW YORK GRAPE PRODUCERS”