Beverages Distillers and Vintners

  • OLYMPIA, Wash.— A proposed measure in Washington state would allow wine lovers to fill reusable containers known as growlers from taps at grocery stores, wine boutiques and other places licensed to sell wine in the state. Oregon currently has a law allowing growler purchases at wineries, but no other states have passed or proposed a bill that would extend sales...

  • Most Expensive 2014- wine Romanee-Conti

    As sterling tumbled following the Brexit vote, anything priced in pounds suddenly became much cheaper for international buyers, including wine.

  • LONDON, Dec 16- Beam Suntory, the world's third-largest spirits company known for Jim Beam and Maker's Mark bourbons, is to buy a controlling stake in London gin distiller Sipsmith, aiming to cash in on rising demand for craft spirits and gin. The amount of gin drunk in UK bars rose 14 percent by volume and 19 percent by value in the year to Oct. 1, according to the wine and...

  • WELLINGTON, Dec 14- Parts of New Zealand's key export industries and its vital tourism sector are battling to get back on track a month after a deadly earthquake rocked the nation, crippling roads and slowing shipping. At one of the country's main ports in Wellington,' no-entry' signs dot parts of the site hit by liquefaction, cracking or buckling, hampering...

  • PARIS, Dec 1- French spirits group Remy Cointreau said on Thursday it had agreed to buy American single malt whiskey maker Westland Distillery to tap growing demand for higher-priced spirits and boost its profit margins. Seattle- based Westland, which has a portfolio of single malts in a price range of between $70 and $125, will complement Remy's portfolio of...

  • PARIS, Dec 1- French spirits group Remy Cointreau said on Thursday it had agreed to buy the Seattle- based Westland Distillery, which produces an American single malt whiskey, further strengthening its portfolio of premium drinks. The transaction, whose financial terms were not disclosed, is due to close before the end of the year, the statement said.

  • NEW YORK, Oct 21- Advertising technology company Mirriad says it is working with Samsung Electronics Co Ltd and China's video site Youku to market Samsung products to Chinese viewers who are gravitating toward streaming video content. Chinese e-commerce giant Alibaba Group Holding Ltd bought YouTube-like site Youku for over $4 billion to tap into an...

  • *Q2 net sales $2.02 bln vs est $1.96 bln. Constellation said it would buy Utah- based High West Distillery for about $160 million to enter the high-end craft whisky market and expand its premium liquor portfolio. Constellation last year acquired Sculpin IPA craft beer maker Ballast Point for about $1 billion to enter a fast-growing market.

  • Q2 net sales $2.02 bln vs est $1.96 bln. Constellation, which until three years ago was known for its premium wine brands and spirits, transformed into a major beer player in the United States after it acquired the remaining half of its Crown Imports joint venture with Mexico's Grupo Modelo. Constellation said on Wednesday it would buy Utah- based High West...

  • Constellation, which until three years ago was known for its premium wine brands and spirits, transformed into a major beer player in the United States after it acquired the remaining half of its Crown Imports joint venture with Mexico's Grupo Modelo. The Victor, New York- based company also said it would buy Utah- based High West Distillery for about $160 million...

  • The Victor, New York- based company also said it would buy Utah- based High West Distillery for about $160 million to enter the high-end craft whiskey segment. The company's net sales rose to $2.02 billion in the second quarter ended Aug. 31, from $1.73 billion a year earlier. Net income attributable to the company rose to $358.9 million, or $1.75 per share, from $302.4...

  • SOLTVADKERT, Hungary, Sept 30- At peak harvest time, Hungarian winemaker Sandor Font has enough work for 30 people at his vineyard south of Budapest- if only he could find enough grape-pickers. In the end, he had to make do with about 10, mostly guest workers from Romania. His struggles are a symptom of a wider problem for countries like Hungary, Poland and the Czech...

  • The man who created a new food that merges a hot dog and a hamburger has decided to auction off his intellectual property rights.

  • As the froth drains out of Asian economies like China, Treasury has found a lucrative market in selling $10- plus bottles of wine to millennial drinkers instead of relying on prestige sales to older, wealthy customers. The Melbourne- based company, owner of brands such as Penfolds and Wolf Blass, posted annual net profit growth of 131.2 percent to A $179.4 million,...

  • Backwoods moonshine goes upscale

    Ned Vickers, Sugarlands Distilling, and Digger Manes, Discovery's "Moonshiners," talk about the booming market for high-end hooch.

  • Nolet celebrates 325 years of vodka making

    The distillery behind Ketel One Vodka, is now in its 11th generation.

  • A shopper outside a Kroger supermarket in Peoria, Illinois.

    Kroger has delivered 43 straight quarters of rising sales at stores open at least a year.

  • The UN food price index has dipped to a four-year low as good weather has resulted in an oversupply of cereals and dairy imports have slowed.

  • Bottles of wine sit on a shelf at Ludwigs Fine Wine and Spirits on October 30, 2013 in San Anselmo, Calif.

    The U.S. became the world's biggest market for wine last year, beating France into second place for the first time.

  • Companies and industries that rely on low-income spenders could see a boost to the bottom line thanks to rising wages in many American states.