Constellation Brands, the 11th largest alcohol company in the world, has divested itself of approximately 30 brands, including its bestselling Black Box. The brands, along with six winemaking facilities in California, New York and Washington, have been sold to E. & J.
The growth in the sparkling wine category shows no signs of slowing, turbocharging the profitability of the newly-formed Henkell Freixenet. Just-released figures reveal that revenue increased by more than 56% in 2018, to revenue of €823.7m ($925.97m).
Getting out of the unprofitable bottom end of the market is a priority for many wine producers, whether they are major producers like Constellation—who have said this is “urgent” for their business—or small European winegrowers.
More women than men now buy wine in Germany, according to research presented at the Meininger’s International Wine Conference, held the day before ProWein.
The natural wine movement has found a home in Helsinki. Wine lovers from near and far gathered at the first edition of Helsinki Natural Wine festival on 22 and 23 of March at the Korjaamo Culture Factory.
WEINELF, the German soccer team for vintners, have been chosen to play against the national soccer team of the Vatican in June 2019.
This is a very unusual opportunity.
A less robust wine market. Growing sales of premium wines. Concerns about millennial engagement with wine.
These were the top three trends identified by Jon Moramarco, a partner in Gomberg, Fredrikson & Associates noted in his annual review, released in early March.
Casella Family Brands, the company behind blockbuster wine [yellow tail], launched their new brand, The Magic Box Wine Collection, at ProWein this week.
The 15th Meininger Awards – Excellence in Wine and Spirits were awarded at a ceremonial event the evening before the ProWein trade fair. The 2019 wine awards went to Christof Queisser (Rotkäppchen-Mumm), François Schenk (Schenk Holding), Banfi, Osborne, Roman Niewodniczanski (Van Volxem) and Dr.
Ettore Nicoletto, CEO of Italy’s Santa Margherita Wine Group, has been named the new President of the Producers’ Consortium for the Lugana DOC.
The Italian Wine Podcast, launched in March 2017, is celebrating its second anniversary—and contemplating how to take advantage of the ongoing growth of podcasts.
Back in 1999, the Germans who read wine publications had one thing in common: they were all men.
Willi Klinger, the irrepressible head of the Austrian Wine Marketing Board (ÖWM), has announced that he will step down as Managing Director at the end of 2019.
As of today, Chianti Classico has another producers’s association.