Wine

Constellation Shares Rise As Mexican Beer Brands Propel Sales

Constellation Brands Inc., the seller of Robert Mondavi wine and Svedka vodka, raised its annual profit forecast as sales of beer brands like Corona Extra...

Groupe Castel To Boost Production Output Through New Site

French wine giant Groupe Castel is to invest between €100 million and 150 million to increase its output through a new facility in Blanquefort, near B...

Wine Prices Rise To Record At South Africa’s Cape Guild Auction

Wine prices climbed to a record at one of South Africa’s biggest sales, with hotel group Tsogo Sun Holdings Ltd. being the largest buyer for a third...

Majestic Wine Plunges As Setbacks Prompt Profit Shortfall

Majestic Wine Plc shares fell the most since their market debut almost 20 years ago as the U.K. drinks retailer said profit will be hurt amid increased eff...

Lidl, Aldi Take Spoils At PLMA Salute To Excellence Wine Awards

Discounters Lidl and Aldi have each taken five awards at a PLMA International Salute to Excellence awards event for the wine industry. As part of the ev...

Italy Set To Be Confirmed As Top Wine Producer

Italy is set to confirm its leadership position as the top wine producer in the world based on preliminary data for the 2016 harvest. The data from the...

Winery Seeks 'Lord of the Rings' Inspiration In Kiwi Export Drive

One winery is seeking inspiration from the man who landscaped Hobbiton, at least three are opening new or refurbished tasting rooms and another is renovati...