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Six news stories that have consumers buzzing in the world of beer, wine and spirits this week.
Winemaking is experimenting with social media, iPhone apps and other digital advances to lift sales and solidify customer relations.
Rich Bergsund, CEO of Wine.com, discusses the booming business of online wine sales.
Why did Diageo spend over $2 billion to buy a majority stake in India's United Spirits? It's simple math, CEO Paul Walsh told CNBC's "Squawk on the Street."
Paul Walsh, CEO of Diageo, discusses his company's agreement to acquire 53.4 percent of India's United Spirits. "India is a very attractive market, and we just got the number one player in that market," he says.
The best of the best from North and South America are preparing to go "palate to palate" in Brazil next week, with the "Closing Bell" crew.
Ken Grier, The Macallan Distillers director, discusses just how much money one can make investing in whiskey, and the growing number of whiskey collections around the world.
Shares Constellation Brands surged more than 4 percent on Friday leaving the stock up 75 percent for the year after strong quarterly earnings.
Constellation Brands president & CEO, discusses his company's strong earnings, why the company is so optimistic about its Mexican beer brands, and whether a slowing economy is causing people to drink more.
Shares of Constellation Brands are up 3 percent today on strong earnings, and its competitor Diageo has also had an impressive run lately. Jeff Tomasulo, Belpointe Alternatives, and Tim Ramey, D.A. Davidson analyst, discuss which makes a better buy now.
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"In a normal year before 2008 you’d find 20 percent of the £2 million-plus market was ‘City money’," says a London real-estate agent.
Burberry's profit warning signals a broader problem for the luxury market: China's slowdown.
From buying fine Bordeaux wines to buying the wineries that make them, the Chinese are changing the landscape of France's top wine country, leading some locals to worry about an "invasion".
Paul Walsh, CEO of Diageo, offers insight on the company's growth forecast and earnings. Shares are up by 40 percent in the last year driven, in part, by torrid growth in Latin America.
Christie's Sold $820,000 worth of wine in an online-only sale, setting the stage for more auctions to be held online.
David Dearie, CEO, Treasury Wine Estates says despite a 40% rise in full year net profits, he has a gloomy outlook for 2013's growth rate due to a lower wine supply.
Joe Marchant, investment expert at Bordeaux Index, told CNBC, the diversification of wines that the Chinese have been buying has increased much more rapidly than many traders in the UK and Europe have expected.
With its moderate climate and approximately 250,000 acres of vineyards it is no surprise that Bordeaux is one of the world's top wine producing regions. So how is the area benefiting from one of the most popular alternative investments out there?
Last year wine collectors shelled out nearly half a billion dollars for rare and exotic vintages. With that kind of money at stake, it's no surprise this high-end hobby is a target for fraud.