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Monthly Archives: June 2017
For 1st Time, Castle Brands Posts a Profit as Sales Rise 7% in Year
Net sales advanced 7% to a record $77.3 million, EBITDA soared 46% to $5.2 million, and net profit, as measured by GAAP rules turned positive, with the company recording a $500 million profit. A year earlier the company posted a … Continue reading
Posted in beer
Tagged John Glover
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Accolade Launches New Wine Brand
Accolade Wines launches a new wine brand to market – Outlot. Outlot is defined as a piece of land situated outside town or city limits. In this case, “Outlot” represents the special area just outside downtown Healdsburg, Calif., known to … Continue reading
CVNE Buys Roger Goulart, Spanish Cava Producer
CVNE – Compañia Vinicola del Norte de España, also known as Cune (pronounced Coo-nay), a leading producer of Spanish wines from Rioja, recently purchased the historic Cava D.O. producer, Roger Goulart, adding the Penedes-based estate to its portfolio of three … Continue reading
Posted in Acquisitions, Wine
Tagged Roger Goulart, Victor Urrutia
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NJ Imposes Largest Ever Trade Practice Penalty
Hunterdon Brewing Co. agreed to pay a $2 million fine, the largest ever imposed by the New Jersey Division of Alcoholic Beverage Control on a single wholesale licensee for trade practice violations. The Division alleged that Hunterdon Brewing Company LLC … Continue reading
Posted in beer, Fines
Tagged Christopher Porrino, Jonathan Orsen
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A-B Major Sponsor of Annual Congressional Baseball Game
In the wake of yesterday’s shooting of House Majority Leader Steve Scalise and three others who were practicing for the annual Congressional Baseball Game at Nationals Park, the team managers and House leaders announced the game would go on Thursday … Continue reading
Posted in beer
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