Headlines

Beverage World presents the latest news from across the worldwide beverage market.

French Wine Output Seen at 40-Year Low

Wine production in France, the biggest producer, may slump 20 percent this year to the lowest in at least 40 years after unfavorable weather and disease damaged vines and grapes. Output in the Champagne region is predicted to show the biggest drop. (Bloomberg BusinessWeek)

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Coke Signs on to Super Bowl

Coca-Cola has purchased three 30-second spots, joining Anheuser-Busch InBev and PepsiCo.'s Pepsi and Frito-Lay divisions, as advertisers who have confirmed their presence in next year's gridiron contest. (Ad Age)

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Constellation Brands 2nd-Quarter Net Down 23%

Constellation Brands Inc.'s fiscal second-quarter profit shrank 23% as the wine and spirits company's results were hurt by higher tax provisions and overhead costs, though revenue showed a small improvement. (WSJ)

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William Grant and Sons Sees Sales Top £1bn

Spirits firm William Grant & Sons has recorded annual sales of more than £1bn for the first time. The Speyside-based distillers said turnover rose by 9% last year, following increased investment across its core brands. (BBC News)

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