October, 24, 2013 Pernod Ricard hit by China slowdown

(TDB) - Slowed growth in China has hit Pernod Ricard as the company reported a slight sales decline for the first quarter of 2013/14. Net sales for Pernod Ricard totalled €2,013 million for the first three months of this financial year, an organic decline of -1%. The company blamed high...

October, 24, 2013 World’s strongest beer ‘Snake Venom’ launched

(Scotsman) - MORAY brewery Brewmeister have set the record for the world’s strongest beer for a second time, with their 67.5% brew called ‘Snake Venom’. The brewery, run by Lewis Shand and John Mackenzie, used smoked peat malt and two varieties of yeast to brew their super-stre...

October, 24, 2013 France-Burgundy: Domaine Faiveley agrees rare deal in Gevrey-Chambertin

(Decanter) - Domaine Faiveley has seized a rare opportunity to expand in Burgundy's Gevrey-Chambertin appellation, by agreeing to acquire Domaine Dupont-Tisserandot for an undisclosed fee. The deal will hand Domaine Faiveley a further 20 hectares of vines in Gevrey-Chambertin , on top of the ...

October, 23, 2013 The World's Vintners Will Soon Struggle To Quench China's Rapidly Growing Thirst For Wine

(Businessinsider) - After peaking in 2004, global wine production is now at its lowest level in 40 years, according to a new Morgan Stanley report. Much to the chagrin of connoisseurs and sommeliers everywhere, "The data suggests there may be insufficient supply to meet demand in comi...

October, 23, 2013 Winetrepreneurs: Taken Wine Company

(PalatePress) - Friends Josh Phelps and Carlo Trinchero had the idea to go into business together during Trinchero’s senior year of college. “Josh and I stayed in touch and simultaneously began getting into the wine business on our own. We both had that entrepreneurial spirit and wan...

October, 23, 2013 The Science of Selling Wine

(Cornellsun) - When it comes to the best-selling wines, one might expect those with the best aromas or those that are the oldest will sell quickly. However, studies led by Prof. Miguel Gomez, applied economics and management, have shown that aromas and years are not the only aspects that drive ...

October, 23, 2013 Beer vs. Wine: Surprising Booze Facts, Popular Brands & Big Festivals

(FinancesOnline) - It’s an age-old debate, probably as old as the most antiquated oak barrels and brew pots. Behind the waggish claims from both beer and wine camps, sober or otherwise, lies a serious battle to wrestle market shares in developed and emerging markets and across g...

October, 23, 2013 The New Chinese Wine Consumer

(W&V) - After years of targeting Chinese government officials and businessmen known to buy cases of imported wine for banquets and gifts, speakers at the Exporting Wine to China conference hosted Oct. 16 by The Seminar Group said it’s time for executives in the North American wine industr...