Tag: Michael Dorf
Afternoon Brief, October 8
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
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...
