wine Archives | Be Korea-savvy
Constellation Brands Repositions Wine and Spirits Business to Accelerate Growth and Increase Shareholder Value

Constellation Brands Repositions Wine and Spirits Business to Accelerate Growth and Increase Shareholder Value

VICTOR, N.Y., Apr. 3 (Korea Bizwire) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has signed an agreement with E. & J. Gallo Winery to divest approximately 30 brands from its wine and spirits portfolio principally priced at $11 retail and below, and related facilities located [...]

Yeongdon Oak Barrel Workshop Ramps Up Mass Production

Yeongdon Oak Barrel Workshop Ramps Up Mass Production

YEONGDONG, Mar. 15 (Korea Bizwire) — In Yeongdong County, North Chungcheong Province, where the country’s only grape and wine industry special zone is located, Korean oak barrels are being manufactured in large quantities for the production of alcoholic beverages. According to Yeongdong County on Thursday, the Yeongdong Oak Barrel Workshop produces oak barrels sized 5-liter [...]

Hong Kong and Bordeaux Sign the First MoU on Wine and Food Tourism Promotion

Hong Kong and Bordeaux Sign the First MoU on Wine and Food Tourism Promotion

HONG KONG, CHINA, Jun. 17 (Korea Bizwire) – The first Memorandum of Understanding between the Hong Kong Tourism Board (HKTB) and Bordeaux Greats Events — Office de Tourisme et des Congrès de Bordeaux Métropole on Wine and Food Tourism Promotion (MoU) was signed yesterday (16 June 2018) at the Bordeaux Wine Festival to further strengthen [...]

Makgeolli Higher in Protein, Vitamins than Sake and Wine, Study Finds

Makgeolli Higher in Protein, Vitamins than Sake and Wine, Study Finds

SEOUL, Nov. 17 (Korea Bizwire) – South Korean rice wine holds a higher concentration of proteins, vitamins, citric acid and other components than sake or wine, a study by the Tokyo University of Agriculture has found.  The results were explained at a press conference held at the Imperial Hotel in Tokyo on November 16. “Tokyo [...]

Wineries Welcome Revision to Mail Order Sales Law

Wineries Welcome Revision to Mail Order Sales Law

YEONGDONG, Aug. 4 (Korea Bizwire) – Wineries in Yeongdong County are delighted with a recent move by the National Tax Service (NTS) to revise the current law on mail order sales of liquor. Yeongdong is Korea’s largest producer of wine, home to around 1,800 hectares of vineyard and some 40 wineries, but sales faced limitations [...]