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December, 23, 2010 Judgment Threatens Consumer-Direct Wine Sales
Forgotten New Jersey case could give equal privileges to out-of-state wineries.A recent court decision regarding New Jersey wine laws could potentially threaten the rights of wineries to have satellite tasting rooms and self distribute their wines—or it could allow out-of-state wineries to have th...
read more »December, 23, 2010 EU trade agreement with SA wine industry
The Trade Development and Cooperation Agreement (TDCA), signed in May of 2004, inter alia, allows South Africa a rebate on 55 million litres of exported wine to EU countries. Scheduled for renewal by December 31, 2010, the agreement has not as yet been renegotiated. However, the director of the SA L...
read more »December, 23, 2010 Brown-Forman May Sell Fetzer Brand in Review of California Wine Business
Brown-Forman Corp., the maker of Jack Daniel’s whiskey, said it may sell a piece of its wine business, including Fetzer, as part of a strategic review. The wines being considered for sale are based in Hopland, California, Brown-Forman said today in a statement. The review does not include the Sono...
read more »December, 21, 2010 PA: LCB puts a cork in kiosk wine sales
The Pennsylvania Liquor Control Board has temporarily closed the 30 Pronto Wine Kiosks statewide to address mechanical and technological issues. They will not go back into service until early next year. “While customer satisfaction with the six-month old kiosk program remains high, recent problems...
read more »December, 21, 2010 US parent to sell Constellation's Oz and UK wine business
CONSTELLATION Wines' Australian and UK operations could be sold as early as this week, reports say.US-based Constellation Brands Inc, owner of Hardy, Leasingham and Banrock Station brands, will offload the poor-performing division for between $US300 million and $US400 million, a report in the Wall S...
read more »December, 21, 2010 Wine Makers Have Grape Expectations
Too much wine has given the drinks industry a nasty headache. Beer and spirits groups eagerly diversified into wine over the past decade, hoping to cash in on the huge global growth in wine drinking. Now many are just as eagerly trying to exit from a business they have found to be volatile, unprofi...
read more »December, 21, 2010 Australia's Foster's says beer, wine split on track
(Reuters) - Foster's Group , Australia's largest brewer, said its plans to split its beer and wine operations were on track, and its group chief executive would leave after the demerger.Foster's, which rejected a $2.5 billion private equity bid for its wine business in September, is looking to list ...
read more »December, 21, 2010 Wine Sales Continue Upward Trend
Retail wine sales for 2010 appeared to be heading for a very positive year-end performance, based on Thanksgiving spending. Off-premise sales of domestic table wine through Nov. 28 rose 6% above the same four-week period last year, and continued on a trajectory to finish 2010 higher than any year si...
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