Tag Archives: Sales

• There’s a black market for beer. And it’s bad for drinkers

There’s a black market for beer. And it’s bad for drinkers

Your next specialty beer could cost you a lot more. High demand for craft beers is creating a black market for some small batch brews, and unauthorized dealers are selling the beers underground (or online) for inflated prices up to 20 times above retail. “Whether it’s a top-rated brew or one with new or seasonal […]

• 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% […]

• Study says 10% of West Coast wineries likely to sell in next 5 years

Study says 10% of West Coast wineries likely to sell in next 5 years

Silicon Valley Bank’s Wine Division has issued a new study, Ownership Transitions in the Wine Industry 2014, that examines the current historic high numbers of winery sales and transitions. Ten percent of wineries are strongly considering a sale within the next five years, and one in three is open to a sale under the right […]

• Global Prosecco Sales Overtake Champagne

Global Prosecco Sales Overtake Champagne

Global sales of Prosecco have overtaken Champagne, as the insatiable worldwide thirst for the Italian sparkler shows no sign of abating. As reported by The Independent, according to figures released by the Italian Sparkling Wine Observatory (OVSE) last Friday, Prosecco sales edged ahead of Champagne sales in 2013. The Italian sparkler shifted 307 million bottles […]

• Craft Beer Now 30% of Costco’s Beer Sales

Craft Beer Now 30% of Costco’s Beer Sales

US retail giant Costo has announced that craft beer now accounts for 30% of the company’s total beer sales. Though it’s not only at Costo that craft beer is gaining shelf space – sales of micro brews are on the up in supermarkets and licquor stores in New Zealand. The New World supermarket chain has […]

• Hitler wine sales deemed legal in Austria

Hitler wine sales deemed legal in Austria

Officials say they have stopped investigating a man after finding no evidence that his sales of wine and schnapps with Adolf Hitler on the label were breaking a law against glorifying the Nazi era. State prosecution official Heinz Rusch says the investigation has ended because of lack of proof the man broke that law. The […]

• 8 beers Americans no longer drink

8 beers Americans no longer drink

Some of America’s most famous beers have lost a tremendous amount of their national sales over the last five years. Mostly, they are full-calorie beers, and they have lost sales to lower-calorie products, as well as imports and craft beers. 24/7 Wall St. looked at the 23 largest selling beer products in America and found […]

• Beer sales slump by largest amount in 14 years. Guess where?

Beer sales slump by largest amount in 14 years. Guess where?

Britain is turning away from beer with 212 million fewer pints being sold in the last three months than the same period last year, new figures show. According to the The British Beer & Pub Association 2 billion pints were consumed in April, May and June, a fall of 9.8pc on the same three months […]

• Pernod Ricard loses defamation case

Pernod Ricard loses defamation case

Pernod Ricard has lost a defamation case against a book which claims job applicants were expected to down shots of pastis to prove their drinking ability. The company had tried to censor Dealer Legal, a book by French journalist Max Coder who claims to have interviewed several of its employees. According to Coder, some prospective […]

• Alcohol sales thrive in hard times

Alcohol sales thrive in hard times

Alcohol sales climbed with little interruption throughout the recent recession, and have continued to expand in recent months. This is in spite of — or maybe because of — the stagnant job market. So the old adage — that the booze industry survives in a recession because people drink even when they’re broke — appears […]

• The Other Guys’ wine sales soar 66% in troubled 2010

The Other Guys’ wine sales soar 66% in troubled 2010

The Other Guys, a unit of the Don Sebastiani Family of Companies, saw sales soar 66 percent last year to 169,000 cases, despite the generally tough economy. The Don Sebastiani firm, based in Sonoma, said 2010’s sales explosion was led by three brands: Leese-Fitch, Hey Mambo and affiliated brands, and its Plungerhead zinfandels. Other brands, […]

• Napa Smith Brewery & Winery Acquired by Investment Group

Napa Smith Brewery & Winery Acquired by Investment Group

A Pelican Brands investment group has finalized the purchase of Napa Smith Brewery & Winery. The investment group bought the business from Kathy Smith and Greg Cutuli, who opened the brewery and winery in 2007. Pelican Brands, with headquarters in Indiana, manages a portfolio of import and craft beers, spirits and wines. Earlier this year, […]

• Good Morning, Michigan! Liquor Sales Can Now Flow At 7am Sundays

Good Morning, Michigan! Liquor Sales Can Now Flow At 7am Sundays

This time they stirred the drink — added a twist — and it came out just right. Lawmakers on Wednesday approved a revised bill to allow liquor sales Sunday mornings and on Christmas Day — a bill Gov. Jennifer Granholm said she will sign. The new law also allows free, limited samples of beer and […]

• United Spirits Missed Expectations

BANGALORE — India’s United Spirits Ltd. Thursday missed expectations as it reported a 7.2% rise in second quarter net profit, weighed down primarily by higher advertising costs and interest payments. Net profit for the three months through September rose to 746 million rupees ($16.7 million) from 696 million rupees, while sales by the maker of […]

• Chilean wine sales soar on back of mine triumph

Sales of Chilean wine in the UK soared as consumers celebrated the rescue of the 33 miners trapped underground for more than two months. Supermarket chain Waitrose reported that sales of Chilean white wines had risen by 23% on last year, regardless of price promotions, with red wine sales up 5%.