November, 19, 2017 American couple take on Burgundy’s Clos de la Commaraine

(Decanter) - Two American investors have taken on the running of Clos de la Commaraine, the premier cru vineyard and property in Burgundy’s Pommard appellation. Harvard professor Denise Dupré and Mark Nunnelly, ex-managing director of the Boston-based Bain Capital investment fund, h...

November, 16, 2017 CHAMPAGNE ‘OVERREACTED’ TO CHALLENGES OF 2017 HARVEST

(TDB) - Growers may have “overreacted” to the challenges of this year’s vintage in Champagne because they are used to “easy harvests”, according to Moët & Chandon cellar master Benoît Gouez. As previously reported by the drinks business, alt...

November, 16, 2017 Cheers! Senators propose lowering alcohol tax

(CNN.Money) - Brewers, vintners and distillers may have good reason to lift their glasses. Boozy benefits are tucked into the  Senate tax plan . Senate Republicans are proposing significant excise tax reductions for wine, liquor and beer -- including one that slashes in half the rate for cr...

November, 16, 2017 Lafite chairman and CEO announce generational handover

(Decanter) - Château Lafite Rothschild, the Pauillac first growth, and its parent company DBR (Lafite) have announced a major generational shift in management.  Owner Baron Eric de Rothschild, 77, will be stepping down as chairman after 35 years at the helm of Domaines Barons ...

November, 16, 2017 Sales of U.S. Wines Up 4% in October

(Wines&Vines) - A rising tide lifts all boats, and despite the significant personal losses wineries and their workers faced due to wildfires in October, U.S. wine sales continued to lift the industry’s fortunes higher.  California represents the lion’s share of domestic wine...

November, 16, 2017 Chinese police find 14,000 bottles of fake Penfolds wine in counterfeiting scam

(BrisbaneTimes) - Shanghai police have seized 14,000 bottles of fake Penfolds wine being sold by counterfeiters in China. The fake Penfolds wine was being sold through Alibaba's online flea market Taobao, as well as pubs and karaoke bars. The three-month investigation followed a complaint to ...

November, 16, 2017 What's The Better Wine And Spirits Play? Constellation Brands Vs. Brown-Forman Corporation

(SeekingAlpha) - In light of a recent article I wrote on Constellation Brands (NYSE: STZ ) prior to their recent earnings hit, I wanted to ask the question: what is the better value play in the wine and spirits market: Constellation Brands or Brown-Forman Corporation (NYSE: BF.B )? For my opinion ...

November, 16, 2017 A $1,000 bottle of wine grows in Brooklyn on a first-of-its-kind rooftop vine

(CNBC) - New York City boasts some of the most expensive food and beverage items in the country, but when the $1,000 bottle of wine Devin Shomaker is vinting is ready, it will be known for more than just the price. The grapes are being grown on a rooftop in Brooklyn, New York, the first attempt eve...