News

Let's get Festive

Download our 2017 Festive Trade brochure here. Please note that items are available from 1st October 2017, but you are welcome to contact your sales consultant to pre-order.

US beer stocks slide as millennials turn to wine

Goldman Sachs downgraded its rating of shares in Constellation Brands from “buy” to “neutral” last week, causing its value to slide by 1.2% on Monday. The stockbroker also downgraded Boston Beer Co., rating its stocks as ‘to sell’, causing its value to drop by 5%.

According to CNBC, both downgrades were prompted by slowing US beer volumes, which have been further impacted not only by an overall drop in alcohol consumption, but also a shift away from beer and toward wine by millennials.

Why You Should be Drinking South African Chardonnay

T&C wine critic Jay McInerney returns to South Africa after a 12-year hiatus and finds that the quality of the wine matches the beauty of the region. 

Last November I attended the sixth annual Celebration of Chardonnay at the De Wetshof Estate, in South Africa’s Robertson Valley. When I last visited South Africa, in 2004, I was more impressed by the beauty of its wine regions than by the wines themselves, but this time I was amazed at the progress that has been made. South African wine represents extraordinary value, and I tasted quite a few truly thrilling wines, including many exceptional chardonnays.

2 SA Wines Best in the World at Decanter Awards

The judges are drawn from all over the world and are considered the best palates in the business. SA wine fundi Fiona McDonald is the Regional Chair for South Africa and well known sommelier—head of the Sommelier Association of SA—Higgo Jacobs is one of the judges on the panel.

This year two SA wines were voted Best in the World at the Awards, a no mean feat when one considers the competition.

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De Grendel Sir David Graaff 2013

De Grendel joins the ranks of wineries which have breached the R1000-a-bottle barrier, its Sir David Graaff 2013 selling online for R1380 bottle.