SEOUL, Dec. 23 (Korea Bizwire) — Wine sales accounted for a large portion of the liquor sold in the retail industry this year. Wine accounted for the largest portion of sales, surpassing that of local and imported liquor, for the first time, as Emart Inc., South Korea’s largest hypermarket chain, concluded its liquor sales from [...]
VICTOR, N.Y., Dec. 12 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it and E. & J. Gallo Winery have agreed to revise their original transaction to divest a portion of Constellation’s wine and spirits portfolio principally priced at $11 retail and below, including related facilities located in California, New York, and Washington. [...]
SEOUL, Oct. 14 (Korea Bizwire) — More consumers are buying low-priced wine that costs less than 10,000 won (US$8.43) per bottle amid the current economic downturn. E-Mart Inc., South Korea’s largest discount store chain operator, reported on Sunday that sales of low-priced wine accounted for 19.7 percent of all wine sales between January and September, [...]
LODI, Calif., Aug. 28 (Korea Bizwire) — Woodbridge by Robert Mondavi, the number-three glass wine brand in the United States* with a forty-year history of making quality California wine accessible to all, announces today a new partnership with three major teams in professional football: the Los Angeles Rams, Chicago Bears, and New York Giants. The [...]
MARLBOROUGH, New Zealand, Jun. 26 (GLOBE NEWSWIRE) — Kim Crawford, the number-one Sauvignon Blanci and leading New Zealand wine brandii in the U.S., announces the launch of its new national marketing campaign. “Make It Amazing” celebrates the confidence Kim Crawford gives consumers by overdelivering on quality, taste and value; and brings consumers’ strong brand loyalty [...]
LODI, Calif., Jun. 24 (Korea Bizwire) — Woodbridge by Robert Mondavi, the number-three wine brand in the United States* with 40 years of history dedicated to raising the standard for everyday wines in America and globally, announces a new milestone with the launch of its new national brand campaign. The “From One For All” campaign [...]
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 [...]
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 [...]
SEOUL, Feb. 6 (Korea Bizwire) — South Korean beer that had ranked No. 1 in terms of alcoholic beverages sold at large discount stores have lost ground to foreign rivals and wine, market data showed Wednesday. Figures released by E-Mart Inc., one of the largest hypermarket chains in Asia’s fourth-largest economy, showed that local beer [...]
SEOUL, Jan. 21 (Korea Bizwire) — According to a survey conducted by the Ministry of Agriculture, Food and Rural Affairs and the Korea Agro-Fisheries & Food Trade Corp., the average frequency of drinking for mainstream consumers was 8.8 days a month, which was the same as the previous year. The survey was conducted with the [...]