Monthly Archives: July 2020

USTR, EU Urged to Roll Back Tariffs on Spirits and Wine

Posted on July 28, 2020 by Joel Whitaker

Seventeen trade associations representing the U.S. and European beverage alcohol sectors called on the United States Trade Representative (USTR) and the European Commission “to remove the current tariffs on spirits and wine from the EU and UK, and American Whiskeys, … Continue reading →

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While On-Prem Suffers, Wine & Spirits Depletions Grow

Posted on July 28, 2020 by Joel Whitaker

That’s according to SipSource, which says depletions for wine and spirits increased in June, driven by off-premise outlets continuing to supply at-home consumption. “Some depletion growth in the latest reporting period could be due to retailer inventory build prior to … Continue reading →

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While Washington Plays, Bev/Al (And Other) Businesses Suffer

Posted on July 28, 2020 by Joel Whitaker

The Trump Administration and Senate Republicans finally reached the outlines of a deal yesterday to extend some parts of the Covid relief package a while longer. With the business body count rising, Neal Bradley, chief policy officer over at the … Continue reading →

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Barry Sterling, Founder of Iron Horse Vineyards, Dies at 90

Posted on July 28, 2020 by Joel Whitaker

His death came 40 years after the attorney-turned-vintner opened his winery on his 5oth birthday.  His Iron Horse sparkling wine was served at the Geneva Summit meetings between U.S. President Ronald Reagan and Soviet General Secretary Mikhail Gorbachev which ended … Continue reading →

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LVMH Wines & Spirits Revenue Falls 20% in 1st Half

Posted on July 28, 2020 by Joel Whitaker

In case you’re wondering, that’s a lot better that LVMH’s watches and jewelry business, which plunged 39% in the half.  LVMH’s wines and spirits business saw its profit from recurring operations fall 29%, which was a lot better that its … Continue reading →

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WSWA: Airbus Settlement Step in Right Direction, But Industry Still at Risk

Posted on July 26, 2020 by Joel Whitaker

Airbus’s decision to end a system of financial support from France and Spain the World Trade Organization had called illegal  and unfair to Boeing, Airbus’s major competitor, is a step in the right direction. But until the WTO accepts the … Continue reading →

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