The Paris Court of Appeal has just decided against Morgan Stanley and upheld the position of LVMH Group in the case between the bank and the company.
Continue reading ‘Paris Court of Appeal decides in favour of LVMH against Morgan Stanley’
Archive for June, 2006
A dynasty of changing tastes
This podcast was made at the 250 year celebrations of the Riedel Glassware Company in Kufstein, Austria.
The formulation of the Sommelier series of mouth-blown glassware which first demonstrated how a glasses’s shape could influence the taste of the wine inside was a landmark in wine glass design. The Riedel company were the first to develop this idea and their stemware is recognised worldwide as one of the finest, if not the finest, for wine-lovers. The range has been extended to include specific glasses for all popular varietals.
* Net sales up 5% to $1.2 billion; branded business net sales up 8%
* Reported diluted EPS up 13% to $0.36
* Comparable basis diluted EPS up 3% to $0.31
* Company updates fiscal year 2007 EPS guidance
Continue reading ‘Constellation Brands Sets Earnings Net Sales Records for Q1 Fiscal 2007′
PSG’s investment in an 11.3% stake in KWV Limited can be seen as a vote of confidence in the future of the SA market.
Continue reading ‘PSG Group takes a R137m punt on the SA wine industry’
Adèl van der Merwe has been appointed winemaker at Avontuur Estate in the Helderberg region of Stellenbosch.
Continue reading ‘Avontuur appoints a new winemaker’
Women drinking at home make up the biggest growth opportunity in the UK’s alcoholic beverages market, according to the latest Datamonitor forecast.
Continue reading ‘Women drinking at home target of alcoholic beverage market’
The 2006 Pierce’s Disease Research Symposium will be held November 27-29, 2006, in San Diego.
More information will be available as the date for the event approaches. In the meantime, please periodically check our website at http://www.cdfa.ca.gov/phpps/pdcp/ for the latest information.
The latest program and speaker schedules for the American Society for Enology and Viticulture’s 57th Annual Meeting in June are now available for viewing.
Continue reading ‘American Society for Enology and Viticulture’s 57th Annual Meeting’
Commission plans to sort out Europe’s ailing wine sector hit their first road block within hours of being unveiled, after the French government rejected key proposals as too destructive.
Continue reading ‘France hits out at EU wine reform’
Long at the forefront of sustainable development through the creation by Paul Ricard of the Oceanographical Institute 40 years ago, the Pernod Ricard Group is today publishing its Sustainable Development Charter, aiming to raise awareness of the Group’s commitments in this area among its people worldwide.
Continue reading ‘Pernod Ricard publishes its Sustainable Development Charter on the 40th anniversary of the Paul Ricard Oceanographical Institute’
On Saturday 17 June, the Paul Ricard Oceanographical Institute celebrated its 40th anniversary on the island of Les Embiez.
Continue reading ‘40th Anniversary of the Paul Ricard Oceanographic Institute: the call of the sea’
Commissioner Mariann Fischer Boel presented the Commission’s Communication on the reform of the common organisation of the market in wine in Parliament today. The members of the AGRI committee cautiously welcomed the initiative, and offered differing criticisms of the proposed reform process.
Continue reading ‘Commissioner Fischer Boel Presents Communication on Wine Reform’
Sonoma-based wine negociants Don Sebastiani & Sons today announced the addition of a Late Harvest Sauvignon Blanc to their Aquinas Napa Valley lineup.
Continue reading ‘Don Sebastiani & Sons add late Harvest Sauvignon Blanc to Aquinas Napa Valley Line’
FFP, a Paris listed company, whose majority holders are the Peugeot family, Domaine de Chevalier (Bernard Family), Neipperg Invest and Xavier Planty, have joined to take over the civil society of Château Guiraud, an 1855 Sauternes premier cru classé.
Continue reading ‘FFP, Domaine de Chevalier, Neipperg Invest and Xavier Planty buy Château Guiraud’
René Renou has died.
The President of the INAO has been one of the few responsible for viticulture in France in recent decades who acted with conviction to reinvigorate the system of Appellation Controlée and reform the production of wines in France.
Continue reading ‘René Renou’
Majestic Wine PLC (”Majestic”), the UK’s largest wine warehouse chain, announced its preliminary results (June 19th) for the year ended 27 March 2006.
Continue reading ‘Majestic Wine PLC (”Majestic”), the UK’s largest wine warehouse chain: Preliminary Results’
FineWinePress.com and Bettanedesseauve.com have collaborated to produce a supplement for the International Herald Tribune which will be published on Saturday 30 June, 2006. The supplement entitled Wine Trails will be available from all good newsagents across Europe. The contents include: châteaux and domains, guest rooms, hotels, restaurants and essential addresses — the best in wine tourism in Bordeaux, Champagne, Burgundy and Rhône Valley, Tuscany, Napa Valley and Sonoma. The supplement was produced in conjunction with Editorial & Régie, Paris.
The Supplement is the first in the English language under this cooperation and another is due to follow this year with more planned for 2007. Supplements have already appeared for Le Monde newspaper with a new one due out at the end of June 2006.
Continue reading ‘Targetted Wine Supplements for the consumer’
The BNIC (Bureau National Interprofessionnel du Cognac) has launched a new website. Translated in seven languages including English, the new site is easy to navigate thanks to its 4-colour browser. Just click on one of the colour to access different sections of the new website at: www.cognac.fr
Continue reading ‘BNIC launches new Cognac website’
After receiving the unanimous support of the Taittinger CCVC workers’ council late in May 2006, GT Louvre S.A.S. (“GTL”), a wholly-owned affiliate of Starwood Capital Group Global LLC (“Starwood Capital”), has signed a definitive agreement with Crédit Agricole du Nord Est regarding the sale of Taittinger CCVC. The enterprise value ascribed to GTL’s interests in the businesses owned by Taittinger CCVC is approximately €660 million, including assumed debt and assumed liabilities. Closing of the transaction is conditioned only on required anti-trust approval and is expected to occur in early August 2006.
Continue reading ‘GT Louvre S.A.S. announces sale of Taittinger CCVC to Crédit Agricole du Nord Est for €660 million’
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