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  • Australia turns sour for Constellation

    October, 07, 2010
    CONSTELLATION Brands, the US group that bought Australia's largest wine business, Hardy Wine Company, in 2003, has booked an operating loss of $US3 million ($3.03 million) for its Australian and European wine operations. Sales were constrained by a higher Australian dollar and tough conditions in Br...

  • Belvedere Vodka Launches a Global 'Dream Job' Competition

    October, 06, 2010
    /PRNewswire/ -- Belvedere Vodka announces the launch of a worldwide search for its next Global Brand Ambassador. Aptly called the Belvedere "Dream Job", vodka aficionados and amateurs alike are invited to compete for a chance to win a one year, $100,000 contract working directly for Belvedere and ...

  • Jancis Robinson joins fight against McLaren Vale development

    October, 06, 2010
    Jancis Robinson, one of the world's best-known wine writers, has pledged her support against the construction of a shopping mall on prime vineyard land in South Australia's McLaren Vale. Joining the campaign to fight a proposal to build a retail and housing development at Seaford Heights, McLaren ...

  • Some SA growers defying the wine glut

    October, 06, 2010
    Some South Australian wine grape growing regions have been ignoring industry pleas to produce fewer grapes.The South Australian Phylloxera Board's 2010 vintage report, found overall tonnages in the state were down, but some areas like the Barossa and Adelaide Hills actually produced more than in pre...

  • Cheers! Constellation Rises as Wine Sales Beat

    October, 06, 2010
    Shares of wine producer Constellation Brands (STZ), which also distributes Negra Modelo beer, are on the rise this morning, up 55 cents, or 3%, at $18.31 after the company this morning beat fiscal Q2 expectations. Revenue for the three months ended in August was down 1.6%, at $863 million, but be...

  • Sotheby's sales reinforce Hong Kong's position as fine wine hub

    October, 06, 2010
    The fine wine auction boom in Asia has hit a new high after two Sotheby’s sales at the weekend raised more than HK$100m (US$13m). The two auctions – including the cellar of collector Marcus D Hiles and the sixth instalment of the cellar of an unnamed ‘Great American collector’ – sold out ...

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