Fortune sells off wine business to Constellation
Fortune Brands, which owns Beam Global Spirits and Wine, has sold off its wine business to Constellation Brands for a reported US$885 million (428.3m).
Fortune Brands, which owns Beam Global Spirits and Wine, has sold off its wine business to Constellation Brands for a reported US$885 million (428.3m).
Europe's longest champagne bar opens for business tomorrow (November 14th) at St Pancras International station.
Senior medical chiefs from the UK and across Europe are to meet tomorrow to agree and produce a charter that it hopes will form a springboard to "reduce the harm caused by alcohol to Europe".
Read more...The five main drinks industry trade associations have written to the Alcohol Health Alliance, a 21-strong health lobby group, calling on them to back up their allegations with hard facts.
Majestic Wine has sailed through a difficult trading period with its overall sales up 2.4% for the first half of the year.
Lebanese producer Chateau Musar will de-list its entire Cuve range from the UK market and launch a new label with Constellation-owned Matthew Clark.
Read more...Jeremy Beadles, chief executive of the Wine & Spirit Trade Association, has said the new Alcohol Health Alliance, officially launched today, calling for tougher measures to curb the level of drinking in the UK is "mis-directed".
If you needed prove that the concept of terroir exists then wine academic, Angela Bauer, believes she has proved the theory beyond doubt at a presentation given to the Riesling Fellowship at the German Embassy in London last night (November 7).
Oddbins' fell even deeper into the red last year with pre-tax losses rising from 3m to 8.7 million.
Read more... FRANCE: Ctes du Rhne Wines is investing 250,000 to promote its wines in London.
Patrick Ricard, who heads up drinks giant Pernod Ricard has announced he will step down from his executive duties in November 2008 and has called for Pierre Pringuet to replace him.
Ian Macleod Distillers spends a five figure sum to advertise its Six Isles Island blended malt Scotch whisky.
A surge in exports to the United Kingdom has underpinned a new 12-month record for Australian wine exports.
Group Laurent-Perrier has announced its first half sales have risen 15% compared with the same period last year.
Read more...The Bordelais have entered the winery, and it's now fingers crossed for the malolactic fermentation
Read more...Supermarket group Waitrose won both the wine buyer and spirits buyer of the year awards at last night's IWSC awards ceremony.
Read more... Prime minister Gordon Brown is believed to be plotting to announce a statutory 9pm-watershed blanket ban on food and alcohol advertising later this year.
RidgeView Merret Sparkling Wines have been named as the product that has done the most for gastronomy in the last 12 months by the British Academy of Gastronomes.
The public health minister added further controversy to the debate on safe drinking levels for pregnant women yesterday.
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