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  • Constellation enjoys strong quarter

    June, 30, 2011
    Victor, N.Y. — Constellation Brands Inc., maker of Robert Mondavi wine and Svedka vodka, said today its first-quarter profit jumped 52 percent to $75 million on improved wine and spirits sales in North America. The company, which also sells imported beers such as Corona, said its revenue droppe...

  • China invades Bordeaux

    June, 29, 2011
    The January purchase of Château Latour-Leguens in Entre-Deux-Mers by a Chinese trading company might have passed under the radar of many observers of the wine industry, but over time the deal has taken on ever-growing significance: it marked the first Chinese purchase in Bordeaux and now investors ...

  • US: New wine laws decriminalize our old behaviors

    June, 29, 2011
    Wine lovers in Virginia and Maryland can come out of the shadows this Friday when it becomes legal to do the things we’ve been doing all along. Virginia’s corkage law takes effect on July 1, making it legal for restaurants to allow patrons to bring their own wine. If you were unaware that Virgin...

  • Constellation expected to reveal increase in wine, alcohol sales

    June, 29, 2011
    Constellation Brands Inc., which sells Robert Mondavi wine, Svedka vodka and Corona beer, reports its fiscal first-quarter results before the stock market opens tomorrow. In the year-earlier first quarter, Constellation Brands reported net income of $49.1 million, or 22 cents a share, on revenue ...

  • US: E. & J. Gallo Winery Buys Edna Valley Vineyard & Winery

    June, 28, 2011
    /PRNewswire/ - E. & J. Gallo Winery announced today an agreement to purchase Edna Valley Vineyard from Diageo Chateau & Estate Wines Company and Paragon Vineyard Company, who have held Edna Valley Vineyard in a joint venture. Gallo will continue to partner with Paragon as a source of grapes for the ...

  • US: Wine Labels Tax TTB

    June, 28, 2011
    Washington, D.C.—In the current federal fiscal year, which ends Oct. 1, the Alcohol and Tobacco Tax and Trade Bureau was funded at roughly $100 million; this coming year, the TTB’s funding may be reduced to the $96.8 million approved last week by the House of Representatives’ appropriation com...

  • France: Cheval Blanc and Clerc Milon unveil new green wineries

    June, 28, 2011
    Two major new building works - at Chateau Cheval Blanc and Chateau Clerc Milon – claim to have state-of-the-art environmental credentials. Chateau owners often unveil new works during Vinexpo, and this year’s crop reflect the increasingly high profile status of environmental concerns. The new...

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