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VSPT Wine Group offloads 12.5% stake to China’s Yanghe Distillery Co

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Chile's VSPT Wine Group has sold a minority share to a distilled drinks company in China.  Read more

With A Burgeoning East Coast Presence, Wilson Daniels Spreads Its Wings

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After opening its New York and New Jersey wholesale operation two years ago, California-based fine wine player Wilson Daniels has continued to raise its profile as a bicoastal force. Last year, Wilson Daniels Wholesale had revenues of about $26 million... Read more

News Briefs for January 16, 2018

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•Pernod Ricard has named Jonas Tahlin as chief marketing officer of its U.S. spirits business. He replaces Pierre Berard, who recently transitioned to become global director of Martell, Mumm & Perrier-Jouët. In addition to leading U.S. marketing ef... Read more

Craft Brewing and Distilling News for January 16, 2018

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•Craft Brew Alliance’s Kona Brewing Company has launched Kanaha Blonde Ale nationwide. The 4.2%-abv ale is 99 calories a 12-ounce serving and is brewed with Alchemy, Mosaic and Amarillo hops. Previously exclusive to California and Hawaii, Kanaha Blonde... Read more

Rioja eyes China growth as 2018 budget inches up

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The trade association for the Rioja wine region in Spain has secured a slight lift in its annual budget, with spend set to increase in China. Read more

Sri Lanka president refuses Government plans to allow women to buy alcohol – report

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The president of Sri Lanka has rejected the Government's attempt to scrap a law in the country that prevents women from buying alcohol. Read more

RTD segment still strong, but growth set to slow – research

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RTDs remain one of the healthiest and most dynamic beverage sectors, but growth is decelerating as sales soften in the US, according to a new report. Read more

Vintage Wine Estates continues acquisition trail with Tamarack Cellars buy

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Vintage Wine Estates has added a Washington state winery to its stable in the same month as it completes a deal for several wine brands.  Read more

DTC Sales Set to Break Records Again

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In 2016, direct-to-consumer wine sales hit $2.3 billion and preliminary numbers show 2017 was yet another record breaking year in revenue. ShipCompliant is set to reveal its annual DTC report later this week, but they gave us a sneak peek of what will ... Read more

Private Investment Group VITE USA Buys Sullivan Vineyards and More News

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VITE Wraps up Acquisition of Bankrupt Sullivan Vineyards in Rutherford, California and Huneeus Vintners reaches up to Oregon for new vineyard ventures. Read more