Tag Archives: China

• Love whisky? Play the market? A Whiskey & Spirits ETF for ya

Love whisky? Play the market? A Whiskey & Spirits ETF for ya

The ETF Managers Group and Spirited Funds recently rolled out a first-of-its-kind ETF that targets companies that produce alcoholic beverages. The Spirited Funds/ETFMG Whiskey & Spirits ETF covers publicly traded companies across the globe that are engaged in the production of whiskey and/or spirits. According to the prospectus, the initial universe of Index constituents consists […]

• Oh boy! Chinese distillers spiking booze with Viagra

Oh boy! Chinese distillers spiking booze with Viagra

What a way to go! Ever  creative Chinese companies are under investigation lead by the China Food and Drug Administration (CFDA). They found that a total of 69 wine products, from 52 companies, had the drug or a substitute, as an additive. A total of 19 companies are under criminal investigation, production has been halted […]

• What’s Dwyane Wade up to? Is that Wade’s wine label?

What’s Dwyane Wade up to? Is that Wade’s wine label?

Looks like Miami Heat superstar Dwyane Wade is yet another celeb to come out with their own wine brand.  Or is it? Wade posted a photo to his Instagram account on Wednesday but is that the whole line up? How does it taste? What grape(s)? Stay tuned.

• Remy Cointreau banks on premium spirits to boost profit

Remy Cointreau banks on premium spirits to boost profit

Maker of Remy Martin cognac and Cointreau liqueur also hands investors 20% dividend increase. Remy Cointreau has posted higher-than-expected annual profit, despite a difficult year in China, saying it will accelerate a drive to sell higher-priced spirits to boost profit margins, sending its shares up to 8 per cent higher. The maker of Remy Martin […]

• China Overtakes France in Vineyards

China Overtakes France in Vineyards

China has become the second-largest vineyard area in the world after Spain, pushing France into third place. The International Organisation of Vine and Wine (IOVW) said China now had 799,000 hectares (1.97 million acres) of land devoted to vineyards. That compared with 1.02 million hectares in Spain. Experts pointed out that not all of China’s […]

• Why Boston Beer Co. Inc. Stock Fell 15% in February

Why Boston Beer Co. Inc. Stock Fell 15% in February

What: Shares of craft beer giant Boston Beer (NYSE: SAM  ) fell 15% last month. The stock had reached an all-time high of $324 per share just a month earlier, but turned sharply lower to hit $267 per share in the last week of February, according to S&P Capital IQ data. So what: Wall Street flashed […]

• Spain becomes world’s biggest wine exporter in 2014

Spain becomes world’s biggest wine exporter in 2014

Last year country exported 22.8m hectolitres, much of which was bulk sales that offer tiny margins and perpetuate image of Spanish wine just being cheap plonk. Spain has outstripped France and Italy to become the world’s biggest wine exporter, exporting 22.8m hectolitres in 2014, a 22% rise on the previous year. However, because much of […]

• Poor Yao Ming Uses Crowdfunder to Raise $$$ For Napa Winery

Poor Yao Ming Uses Crowdfunder to Raise $$$ For Napa Winery

As China’s luxury wine market cools, Yao Ming, the former National Basketball Association all-star, is inviting U.S. wine and basketball enthusiasts to own a piece of his Napa Valley winery, for as little as $5,000 per person. Yao Family Wines plans to raise $3 million via Crowdfunder, a website for entrepreneurs to get funding from […]

• This Is A Shock. French Vodka Exports Overtake Cognac

This Is A Shock. French Vodka Exports Overtake Cognac

Vodka has overtaken Cognac as the most exported French spirit by volume, as the sector continues to struggle against China’s on-going campaign of austerity. According to recent figures released by the Federation of Wine and Spirits Exporters (FEVS), exports of French spirits dropped once again in 2014 as brands battled a “difficult” economic environment and “intensified” […]

• Demand for tiger bone wine on the rise. Guess where. So wrong.

Demand for tiger bone wine on the rise. Guess where. So wrong.

A rising demand for tiger bone wine and tiger skins in China is threatening to drive the animal towards extinction in the wild. As reported by the Guardian, despite the fact that the practice has been illegal in China since 1993, demand for tiger bone wine in the country is booming, which has led to […]

• Where can I get Viagra added to my drink? China, of course

Where can I get Viagra added to my drink? China, of course

Alcohol manufacturer allegedly adds Viagra to drinks, hopes to trigger a rise (in profits). An entrepreneurial Chinese alcohol manufacturer has been arrested for ‘improving’ his drinks with an unusual pick-me-up – Viagra. Identified only as Mr Huang, the liquor maker was unable to keep up the illegal practice after customers noticed the unusual side-effect of drinking the spirits, which […]

• Diageo net sales drop by £1.1 billion (approx $1,719,777,322)

Diageo net sales drop by £1.1 billion (approx $1,719,777,322)

Diageo saw its net sales tumble by £1.1 billion in 2014 with weak sales in emerging markets and a continued slowdown in China blamed, as the company posted its end of year results today. Overall the company reported a net profit of £2.25 billion, a drop of 8% on 2013, with net sales falling by 9% […]

• Chinese taking interest in Paso Robles wineries

Chinese taking interest in Paso Robles wineries

Chinese investors have shown increasing interest in the California wine market over the last few years and are now targeting wineries in the Paso Robles region for purchase. [KSBY] China is now the fifth largest export market for California wines. Templeton real estate broker David Crabtree said that interested buyers from Mainland China come to […]

• Anatomy of American Alcohol Consumption

Anatomy of American Alcohol Consumption

Americans are drinking less beer, but more wine and spirits, according to data from Euromonitor International. The trend, according to the research firm’s senior alcoholic drinks analyst Spiros Malandrakis, has to do with story as much as substance. Big beer companies have remained pretty complacent in flavor and instead have focused on predictable advertising and discounts […]

• Moderate Growth Expected For Global Alcoholic Beverage Market

Moderate Growth Expected For Global Alcoholic Beverage Market

DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/hdznlw/global_alcoholic) has announced the addition of the “Global Alcoholic Beverage Industry 2013-2018: Trends, Forecasts and Opportunity Analysis” report to their offering. “Global Alcoholic Beverage Industry 2013-2018: Trends, Forecasts and Opportunity Analysis” Increasing demand of alcoholic beverages in emerging countries because of their huge population base and growing consumption of alcohol by […]