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  • EU trade agreement with SA wine industry

    December, 23, 2010
    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...

  • PA: LCB puts a cork in kiosk wine sales

    December, 21, 2010
    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...

  • US parent to sell Constellation's Oz and UK wine business

    December, 21, 2010
    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...

  • Wine Makers Have Grape Expectations

    December, 21, 2010
    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...

  • Australia's Foster's says beer, wine split on track

    December, 21, 2010
    (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 ...

  • Wine Sales Continue Upward Trend

    December, 21, 2010
    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...

  • Brown-Forman to Sell Wine Unit

    December, 20, 2010
    Brown-Forman Corp., the maker of Jack Daniel's whiskey, has put its wine business up for sale, according to people familiar with the matter, becoming the latest small wine operation to hit the auction block at a challenging time for some parts of the industry. Brown-Forman, based in Louisville, Ky.,...

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