Beverage World presents the latest news from across the worldwide beverage market.
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)
Read more...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)
Read more...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)
Read more...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)
Read more...Julian Hard Cider is one of a small wave of West Coast artisanal hard cider producers that are booming alongside craft beer. (Los Angeles Times)
Read more...A small distillery has finally produced and aged enough rum to begin releasing in other states around the country.
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