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Constellation Sales Up 6% To $2 Billion In Fiscal First Quarter, Despite Wine And Spirits Slowdown

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Constellation Brands enjoyed a strong start to its fiscal year, reporting a 6% net sales rise to just over $2 billion in the three months through May.Operating income, however, was down 4% to $638 million on a comparable basis, as … Continue read... Read more

With Play For Codorníu, The Carlyle Group Strikes Its Second Wine Deal Of 2018

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The Carlyle Group, one of the world’s biggest private equity firms, has made its second acquisition this year in the premium wine space, yesterday agreeing to purchase a majority stake in family-owned Cava producer Codorníu Raventós Group. The deal, wh... Read more

News Briefs for June 29, 2018

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•Three weeks after Napa’s June 5 election, the Napa County Registrar of Voters has finally certified the results of the tight race on Measure C, the ballot proposal that could have restricted vineyard development in Napa’s watersheds. The controversial... Read more

Craft Brewing and Distilling News for June 29, 2018

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•Boston, Massachusetts-based Bully Boy Distillers has launched a new small-batch gin. The 45%-abv spirit is made from a sugar cane base and infused with Italian Juniper, ginger, blueberry, grapefruit, coriander, and chamomile, among other ingredients. ... Read more

Rum Moves To The High End In U.S. Market

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Total rum volumes in the U.S. market declined 1% to 22.7 million cases last year, according to Impact Databank. But while rum has faced challenges in recent years, its leading players continue to eye growth at the premium-and-above tiers, where …... Read more

Wine Spectator: E. & J. Gallo Buys Dave Phinney’s Locations Wine Brand

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Two years after acquiring Orin Swift Cellars, E. & J. Gallo announced yesterday that it has purchased another of star winemaker Dave Phinney’s brands, Locations. The joint venture was started by Phinney and importer Aveníu Brands, a subsidiary of S... Read more

Castello Banfi Brunello Named Best in Show, Foreign Wine of the Year

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Castello Banfi Brunello di Montalcino 2013 was awarded “Best in Show – Red Wine,” “Wine of the Year – Foreign,” a Platinum medal, and 98 […]

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Centine and La Pettegola Awarded Best of Class at LA Wine Competition

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Banfi Centine and La Pettegola were both awarded “Best of Class” at the 2018 Los Angeles Wine Competition, earning Gold Medals and 94 and 93 […]

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Wine Lovers Set Fundraising Records at the Napa Valley Barrel Auction

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Cristina Mariani-May Named “Woman of the Year” by The Drinks Business

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Banfi CEO Cristina Mariani-May was named “Woman of the Year” during The Drinks Business Awards at the 2018 London Wine Fair. The Drinks Business is […]

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