Afternoon Brief, October 19th
Treasury Wine Estates Announces Completion of Château Lanessan Acquisition: Treasury Wine Estates Ltd (TWE), one of the world’s leading premium wine companies, today confirmed the completion of its majority acquisition of Château Lanessan, one of the oldest estates in Bordeaux, France. The acquisition is the latest step in bolstering Penfolds multi-regional luxury wine portfolio, doubling the existing production capacity for Penfolds in France...
Afternoon Brief, September 22nd
Wine Industry Boosts American Economy by $276 Billion in 2022: The wine industry will generate more than $276 billion in economic activity for the American economy in 2022, according to a new study unveiled in Washington by Representatives Mike Thompson (D-CA) and Dan Newhouse (R-WA), Co-chairs of the Congressional Wine Caucus...