Archive for October, 2008

Pomerol 2008

Despite the misleading appearances of difficult weather conditions, this 2008 vintage has globally been a positive one for the Pomerol vineyard — “a surprisingly seductive vintage”.
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Pernod Ricard: 2008/09 first quarter net sales: €1,756 million (+13%)

* Strong organic growth: +7%
* Confirmed profit growth guidance for 2008/09
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Fortune Brands announces management change at Beam Global Spirits & Wine

Fortune Brands, Inc. (NYSE: FO) recently announced that Tom Flocco, president and chief executive officer of its Beam Global Spirits & Wine business, will leave the company to pursue other interests. The Beam Global senior executive team will report to Bruce Carbonari, chairman and chief executive officer of Fortune Brands, on an interim basis while a search is conducted for a successor.
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Fortune Brands announces third quarter results

* Results Achieve Targeted Earnings Range
* Sales Gains for Jim Beam, Maker’s Mark, Courvoisier, Titleist
and Master Lock Benefit Results
* Significant Progress in Quarter Positioning Spirits Business for
Future Growth
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UST reports Third Quarter 2008 results; reaffirms earnings Guidance for the year

- Net sales increased 1% vs. year ago to $484.6 million

UST Inc. (NYSE: UST) recently announced for the third quarter ended Sept. 30, 2008, reported diluted earnings per share was stable versus the prior year period at $.84 and adjusted diluted earnings per share increased 4.6 percent to $.91. Adjustments affecting the comparison in the quarter include acquisition related costs, restructuring charges associated with the company’s Project Momentum cost savings initiative, antitrust litigation settlement charges and the net impact related to the sale of the company’s headquarters in the prior year period. The table below provides a reconciliation of such non-GAAP financial measures to the most directly comparable GAAP measures.
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Rutherford releases latest version of eoStar Route Distribution Software

Mobility, fuel efficiency reporting enhancements streamline beverage industry solution
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Vranken-Pommery Monopole quarterly business review for the three months ended September 30, 2008

* Stable revenue for the first nine months of 2008
* Continued improvement in the product mix
Continue reading ‘Vranken-Pommery Monopole quarterly business review for the three months ended September 30, 2008′

RedPinkWhite launches Wine Finder widget

A new application gives consumers ability to browse and share thousands of wines within a widget that can be added to personal home pages, blogs and social media sites.
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Sotheby’s Market Review: Wine

As demand for high value wine shifts to Asia, supply remains in the US and Europe. During the 2006-2007 season, fine wine prices increased across the market. This recalibration was caused by the very high release prices of the 2005 Bordeaux futures and was further fueled by even higher release prices for the 2005 Burgundies.
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Scholarships for Australia visit: inaugural Landmark Australia Tutorial

Wine Australia is looking for the best sommeliers to visit the Barossa Valley in June 2009 and discover first-hand the leading wines, wine styles, producers and regions in Australia.
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Casella Wines appoints Fruit Driven Wines for European development

Casella Wines is pleased to announce the appointment of Fruit Driven Wines Ltd who will handle their European sales.
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LVMH continues its dynamic growth despite the crisis. 10% organic revenue growth at end September. Annual objectives confirmed.

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, achieved revenue of €12 billion in the first nine months of 2008. Organic revenue* grew 10% compared to the same period in 2007.
Continue reading ‘LVMH continues its dynamic growth despite the crisis. 10% organic revenue growth at end September. Annual objectives confirmed.’

TripAdvisor uncorks the World’s most wonderful wine destinations

A taste of Tuscany: one of many stunning Tuscan vineyards, documented by a TripAdvisor traveler. Top 10 Grape Getaways Where the Wine Is Divine.
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Terlato Wines appoints new Chief Operating Officer

Chief Marketing Officer David Lane elevated to key leadership position.
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Vintage Roots triumphs at the Decanter World Wine awards

The Decanter World Wine Awards recognised the powerful changes of the 21st
Century wine world on Monday 1st of September, as it announced for the
first time an Organic and Biodynamic wine merchant as its Specialist
Independent Merchant of the Year .
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Brunton Vineyards receives order of $17.6 Million from Caribbean Traders for distribution wines in the Caribbean

Brunton Vineyards Holdings, Inc (Pink Sheets: BVYH) announces it has received an order from Caribbean Traders, Ltd, a division of Nella’s Food World, Ltd for the distribution and delivery of 108,000 cases during the next year of the company’s wine brands. The transaction translates to an approximate annual contract value of $17,676,000. The first shipment of the order is scheduled to be shipped by late October 2008, in preparation for the Christmas season, having sold varietals which include “Addison Cole” and “Brunton Vineyards” brands — Merlot, Cabernet Sauvignon, Zinfandel, and Chardonnay.

President of Nella’s Food World, Ms. Nella Samlal comments, “We selected Brunton Vineyards1, based on our assessment of their ability to consistently fulfill the needs of our retail customers, looking for good, reliable quality wine. We found their wines to be of fine quality, well priced, and with taste profiles that fit the needs of the Caribbean wine consumer.” Caribbean Traders2 will distribute wine from Brunton Vineyards to retail locations throughout the Caribbean.

[SOURCE Brunton Vineyards Holdings, Inc]

Notes

  1. About Brunton Vineyards

    Brunton Vineyards Holdings is a public company trading under the symbol BVYH. Management continues to add shareholder value by increasing distribution of its products within the US and global markets, expanding the VinoVenue retail concept through domestic and international company owned expansion and licensing agreements, including the acquisition of top tier, high quality producing vineyards, wineries, brands and retail outlets. []

  2. About Caribbean Traders and Nella’s Food World, Ltd

    Caribbean Traders is a division of Nella’s Food World, Ltd which was established in 1995, located in San Juan, Trinidad with distribution operations throughout the Caribbean. The company specializes in import and export trade of food and beverage products. The company operates its retail division under the name Caribbean Traders, Ltd, with product distribution
    between the United States, China, the Caribbean and Canadian markets. For more information, visit: http://www.caribbean-traders.com. []

Aussie Shiraz leader Two Hands unveils Napa Cabernets

Elevated Fruit — the Foundation for new wines from Two Hands Napa
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Diageo Chateau & Estate Wines launches the Monterey Vineyard Wines

Pinot Noir and Chardonnay from top Monterey Wine regions.
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Pernod Ricard files 2007/2008 reference document

Pernod Ricard filed its Reference Document with the Autorité des Marchés Financiers (AMF) on 2 October 2008 under number D.08-0656.
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Constellation Brands Reports Q2 Fiscal 2009 Results

* Company generates strong free cash flow
* Debt decreases by more than $400 million
* Reaffirms fiscal 2009 comparable EPS guidance
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