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Afternoon Brief, October 8

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Cabernet Outgrows Chardonnay Off-Premise Sales in Long Term Projection: Over the last year the volume of Cabernet Sauvignon sold off-premise grew 4.8% compared to a 0.7% growth for Chardonnay, which has been the biggest varietal wine for decades, but may now have a serious threat to its dominance...

Afternoon Brief, May 20

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Treasury Wine Estates Rejects Kohlberg Kravis Roberts Offer: Treasury Wine Estates Ltd. rejected a 3.05 billion Australian dollar (US$2.85 billion) takeover bid from Kohlberg Kravis Roberts & Co., pitched as the world's No. 2 vintner grapples with a string of setbacks including poor U.S. sales that forced it destroy thousands of gallons of wine last year...
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