Author Archives: Joel Whitaker

Some Bev/Al Stocks Recover a Bit, But Most Top Names Don’t

Posted on June 14, 2022 by Joel Whitaker

The stock market closed Tuesday down about 0.5% as measured by the Dow Jones Industrial Average of 30 blue-chip stocks.  But unlike Monday’s blood-bath, eight of the 17 stocks we follow gained ground.  Among those gaining ground, Constellation Brands (up 0.64%) … Continue reading →

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Who & What —

Posted on June 14, 2022 by Joel Whitaker

Constellation Brands names Joseph Suarez the new head of investor relations, succeeding Patty Yahn-Urlaub, who is retiring. Southern Glazer’s Wine & Spirits appoints Chris Williams executive vp-national accounts.  He succeeds Shawn Thurman, who will be retiring as EVP-national accounts in December.  Williams joins … Continue reading →

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TTB Proposes Removing Ban Against Saying Wine Contains Distilled Spirits

Posted on June 13, 2022 by Joel Whitaker

Among wine labeling practices Alcohol & Tobacco Tax & Trade Bureau considers deceptive is labeling wines to indicate they contain distilled spirits.  It also considers advertisements making such a statement to be deceptive. Now, TTB is proposing eliminating the advertising … Continue reading →

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Budvar Says Exports Rose a Record 11% in 2021

Posted on June 13, 2022 by Joel Whitaker

Budejovicky Budvar NP, a 126-year-old state-owned brewery in Prague, Czech Republic, said its exports reached 34.3 million gallons.  All its major markets — including Britain, Slovakia and Germany, contributed to the increased sales.  Sales in Germany reached 13.2 million gallons … Continue reading →

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Realm Cellars Acquires Two Properties

Posted on June 13, 2022 by Joel Whitaker

Realm Cellars, Napa Valley, purchased Houyi Vineyard and Nine Suns Winery in Pritchard Hill.  Terms weren’t disclosed. The purchase culminates an amazing turnaround for Realm, which faced bankruptcy in 2011.  Today the winery owns vineyards in three of Napa Valley’s most prized … Continue reading →

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Reyes Closes Columbia Distributing Acquisition

Posted on June 13, 2022 by Joel Whitaker

Reyes Beer Division (RBD) has officially closed on its acquisition of the Northern California business from Columbia Distributing in Sonoma and Marin counties. The new operations will now do business as Golden Brands. The acquisition adds around 1,350 customers, about … Continue reading →

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