Shares of major drink makers got battered on Thursday after poor results from Diageo and Rémy Cointreau caused a sell-off.» Read More
Forget Dow 13,000, for an indication of which direction the economy may be heading look no further than Napa Valley. After a record $3.1 million in wine was sold at the Premier Napa Valley trade auction this past weekend, it appears the economy may be looking up.
Beijing’s hopes of orchestrating next month’s election for Hong Kong’s chief executive were unraveling on Friday, undone by allegations that its Favored candidate had built an illegal wine cellar. The Financial Times reports.
A look at how much Patron Spirits was able to grow its company and the growth in the spirits industry, with John McDonnell, Patron Spirits Company chief operating officer.
For reliable investment-grade wine, look only to France, principally select wines from Bordeaux, and a few from Burgundy and the Rhone Valley.
Is it a good way to influence behavior and/or raise revenue, just like tobacco and alcohol?
Checking in on just how much consumers are enjoying themselves this holiday season, with Chris Adams, Sherry-Lehmann CEO, and David Bouley, Bouley Restaurant owner and executive chef.
Constellation Brands CEO, Rob Sands discusses the company's anticipated Q3 earnings report to be released in January and plans for over 20 new product launches by the end of 2012.
When John Todora announced last season that he’d be offering every customer who came in to watch Miami Heat games at his bar a $25 bill credit if the team lost that night, many people thought he was crazy.
Mad Money's Cramer takes a look at the spectacular growth in high-end spirits, with Ken Austin, Tequila Avion CEO.
Retired NBA star Yao Ming goes from the basketball court to the tasting room, as he starts his own Napa Valley wine company: Yao Family Wines.
A new bargain-hunting culture has emerged, where Americans of all incomes look for antiques in pawn shops and flea markets — even their own attics and basements.
Peter Lunzer, CEO, Lunzer Wine Investments, says that Bordeaux wines have consistently offered investors steady returns.
Alternative investing may not be for everyone, but there's an entry point for almost anyone—and as popular cable TV programs illustrate every week, small fortunes can be found in attics, basements and, yes, storage rooms.
Portugal is fighting to regain share of one of its major exports: cork, reports CNBC's Jane Wells.
The housing crisis has even hit the Napa Valley. Jane Wells talks to buyers, sellers, and realtors about steals and deals in wine country.
Sales of spirits have increased two percent and Pernod Brands posted an eight percent rise in profit this year. Insight on the company's strategy and plans to keep profit flowing, with Pierre Pringuet, Pernod Ricard CEO.
"In the US we are not only getting volume growth, but getting price mix. Consumers are coming back to the higher price point brands," Paul Walsh, chief executive at Diageo, told CNBC.
Growth within the beer industry depends on an 'equation' of factors which are more present in developing markets than in Europe and the US, Heineken CEO Jean Francois van Boxmeer told CNBC after the beer firm posted disappointing first half results.
"We have low trading levels, and low consumer confidence, particularly in the Northern Hemisphere. We have had a lot of positive developments in the developing part of the world - if we think about Asia, the Middle East and Africa, these markets are very strong, and that compensates a lot," Jean-Francois van Boxmeer, CEO of Heineken, told CNBC.
When a heat wave grips the nation, “temperature management” becomes an issue for anyone looking to stay comfortable. But when your business involves shipping heat-sensitive items, it takes on a whole new meaning. The recent surge in temperatures across the country has many Wine.com customers opting to delay shipments of their wine purchases.