93% of Coopers Brewery shareholders voted in favor of removing Lion Nathan’s pre-emptive share purchase rights today, dealing a serious blow to the Australian company’s acquisition plans. Coopers managing director Tim Cooper said, “We would not have thought there is merit pursuing us in further litigation. The shareholders are very happy for us to be … Continue reading “IT’S FINAL: COOPERS SHAREHOLDERS SAY NO”

According to Yves Benard, president of the trade group l’Union des Maisons de Champagne, Champagne sales are expected to rise by 1.5% in volume and 3% to 4% in value in 2005 on the previous year. YTD sales should be between 300m and 310 m bottles. You are unauthorized to view this page. Username Password … Continue reading “CHAMPAGNE SALES LOOKING GOOD”

Mark Sherrington, SABMiller’s marketing director, is set to leave the company after three years to pursue other ventures. A spokesman said, “The plans to find a successor are taking place and Mark intends to stay in place until a successor is found.” You are unauthorized to view this page. Username Password Remember Me     … Continue reading “SABMILLER LOSES MARKETING CHIEF”

As was widely expected, Fortune Brands reported a 59% drop in Q3 earnings with a stock that has risen almost 3 dollars a share. The decline resulted from the company’s one-time purchase of many spirit and wine brands, including Maker’s Mark bourbon, Sauza tequila and Courvoisier Cognac. Spirits and wine, led by Jim Beam bourbon, … Continue reading “FORTUNE’S Q3 EARNINGS.”

The wine industry’s innovative marketing and packaging techniques have helped boost sales to an impressive yearly rate of 8.4%. In 2004, wine sales were up 4.3% in retail stores, a percentage that more than doubled the 2% sales gained in the beer market. Consumers are now more willing to experiment with wine, a change fueled … Continue reading “BOX WINE MANIA”

It looks like France isn’t so different from the U.S. after all. The European country is facing a similar problem with their wine as compared to the United States beer market. While Americans are turning to wine and liquor as a substitute for beer, the Frenchies are increasingly replacing wine with beer and spirits. Ironic, … Continue reading “WINE DECLINE IN FRANCE”

The Australian group, Barokes, will soon give South Africans the option to drink wine out of a can. Their innovative, patented packaging offers “stability and longevity” and is meant to target younger generations who generally prefer canned beverages according to Greg Stokes, the inventor of Vinsafe technology along with Steve Barics. Barokes is currently in … Continue reading “CAN YOU CAN WINE? YOU CAN”

Yesterday, Vincor failed to accept Constellation’s bid of $26.45 per share made earlier this week. Constellation, however, refuses to increase their proposal. “There’s no reason to sweeten the bid,” says Richard Sands, Constellation’s CEO and chairman. He hasn’t heard of any other company interested in buying Vincor and believes they are “playing a dangerous game.” … Continue reading “CONSTELLATION STANDING FIRM ON VICOR”

A Commonwealth Court halted the Pennsylvania Liquor Control Board’s order to ban direct wine shipments. The ruling was supposed to go into effect November 1 but was stopped when the Pennsylvania Wine Association requested a restraining order that was granted on Monday. State winery owners claim that barring shipments during the holiday sale season would … Continue reading “PENNSYLVANIA WINE BANS OUT THE WINDOW”

Earlier this week it was revealed that a fake restaurant was awarded Wine Spectator Award of Excellence. Since then, forums, blogs and industry publications have been blowing up with opinions over the issue. Dr. Vino’s wine blog first covered the story on Tuesday with the opening words: “If you decided to get a Wine Spectator … Continue reading “Wine Spectator: Unfairly Duped?”

In an interesting note, a 4000-case shipment from New Zealand winery Te Kairanga was rejected by a German company due to a high level of copper. The customer claimed the level of copper in Te Kairanga’s pinot noir (3.6 parts per million) was well over the European recommended limit (1ppm). As you’ll recall, copper is … Continue reading “SCREW CAPS BLAMED FOR HIGH COPPER LEVEL”

The U.S. Department of Homeland Security says it plans to develop a new program to stop employers from hiring illegal immigrants by March 24. The agency issued a legal brief last week in response to U.S. District Judge Charles Breyer’s decision to indefinitely delay the Buch administration’s first immigration policy. As you’ll recall, the Bush … Continue reading “BUSH ADMINISTRATION TO FORM NEW ILLEGAL IMMIGRATION POLICY”

Market Watch has named Patron “Spirits Brand of the Year,” describing the brand as having “unprecedented success” in the US. The magazine’s annual “Leaders Choice Awards” polls approximately 200 of the largest retailers in the US to choose one spirit brand, one beer and one wine.“Back in 1989 when Patrón was first introduced to the … Continue reading “PATRON WINS “SPIRITS BRAND OF THE YEAR.””

Polish-based Sobieski Vodka says it is entering the US “to overthrow overpriced vodkas,” through its sole importer Imperial Brands, a wholly-owned subsidiary of Belvedere. Not only is Sobieski highlighting the low-retail price, but it’s playing on heritage as well. The brand is reportedly named after Poland’s King Jan III Sobieski who saved Europe from the … Continue reading “SOBIESKI’S “TRUTH IN VODKA” AIMS TO OVERTHROW LUXURY COMPETITION”

Union workers at Kroger Co. stores in Dallas and Houston averted a strike by ratifying a three-year agreement with the grocery chain on a new contract that had been hung up on health care benefits, according to the AP.The contract, ratified Sunday, provides wage increases, increased vacation and affordable health care, said Chad Young, a … Continue reading “KROGER STRIKE AVOIDED IN TEXAS”