Wine

Naked Wines Delivers 'Strong Performance' In Full Year

Naked Wines saw strong performance across all three geographies, particularly the US, in its financial year ended 29 March 2021, the company said in a trad...

Constellation Brands Sees Annual Consolidated Net Sales Up 3%

Constellation Brands has reported consolidated net sales growth of 3% to $8.6 billion (€7.18 billion) in its financial year ended 28 February 2021....

Italian Wine Exports Down 2.3% In 2020: Report

The value of Italian wine exports closed 2020 with a 2.3% decline, to €6.28 billion, albeit lifted by a recovery in the fourth quarter, according to a...

Serbia Introduces Restrictions On Wine Imports

Serbia has introduced new measures to restrict the quantity of wine that a single importer can import. The move, effective 1 January 2021, follows last...

South African Wine And Spirits Maker Distell Branches Out Into Cannabis Products

South African wine, cider and spirits company Distell will soon be able to offer cannabidiol-infused drinks after taking a 20% stake in cannabis wellness b...

Constellation Brands Agrees Sale Of Numerous Brands

US-based alcoholic beverages producer Constellation Brands has announced a streamlining of brands within its portfolio. Constellation Brands has so...

Constellation Brands Closes Deal With E. & J. Gallo

Constellation Brands has completed its transaction with E. & J. Gallo Winery to divest a portion of its wine and spirits portfolio. The deal, pr...

French Wine Exporters Say US Wine Taxes A 'Sledgehammer' To Sector

The US decision to impose additional tariffs on French wines and cognac, which come in addition to a first set of tariffs late last year, will cost the sec...