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WINE INDUSTRY DOWNTURN
In 1858, Gundlach Bundschu began a California wine legacy. 168 years later, pandemic fallout, heavy debt and a changing market have pushed the historic winery into bankruptcyGundlach Bundschu Winery, founded in California in 1858, has filed for Chapter 11 bankruptcy protection. The winery seeks to restructure ov...- Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
- As global luxury cools, Indian investors may be staring at a rare entry point in watches, whisky and wineGlobally, the luxury boom is cooling, with prices for prestige assets like watches and fine wines dropping 10-20%. However, India is experi...
- These small-cap stocks may give more than 27% return in 1 year, according to analystsLet’s start with the assumption that the markets have a higher probability of moving up from here. Now, what will you do when that happens?...
- US tariff tussles stuff of nightmares for Bordeaux winemakersFrench wine producers face uncertainty over US tariffs. Bordeaux vineyards worry about potential impact on sales. The United States is a ma...
- US stocks tick lower after Trump's new tariff salvo; spotlight on inflation dataUS stock markets fell Thursday, with the S&P 500 down 0.8% and the Nasdaq composite 1.5% lower. This decline follows President Trump's thre...
- CEO Philippe Schaus talks about Moët Hennessy's success in India's wine and spirits marketMoët Hennessy, the luxury wines and spirits division of LVMH, is expanding product categories in India to meet growing demand. CEO Philippe...
- LVMH-backed Moet Hennessy enters still wines segmentMoet Hennessy India, part of LVMH, has launched Chandon Aurva, a still wine, in India. The move is aimed at expanding the company's wine po...
- Deals are back on dining tables in India againAt least a dozen deals are in stages of negotiations or advanced closure, and interest has picked up from private equity players for fundin...
- Trade wars: We're next, European investors fearInvestors thinking of chasing a rally on a trade accord through European trade proxies.
- India, EU to decide fate of trade agreement next monthChief negotiators of the two sides will meet in April to explore the possibility and work out a roadmap for negotiations. Prior to the meet...
- India-EU free trade agreement will create more jobs, boost investment: G P HindujaHinduja, who is also the Co-Chairman of Hinduja group of companies, said that officials of both the sides need to speed up the process of n...
- The Leela luxury hotel chain's scions Amruda Nair, Aishwarya, Samyukta take charge of businessThe trio, granddaughters of Capt CP Krishnan Nair, the 90-year-old group chairperson, has joined the family business at a time when the chi...
- Stocks to watch: Reliance MediaWorks, Dr Reddy’s Labs, Spicejet, Radico Khaitan, Shree Cement, Parenteral Drugs, Satyam Computers: Reliance MediaWorks (RMW), which is locked in a takeover battle for multiplex operator Fame with rival Inox, has challenged the sale of m...
- Godrej hives off Nature's BasketSubhiksha's ex-president, Mohit Khattar, has been hired to head Nature's Basket.
- Argentine unveils $3.9 bn economic stimulus planMost of the 13.2 billion pesos ($3.9 billion) in loans will come from state-run banks and assets that the government acquired in last month...
- Economic crisis chills Asia's fine wine thirst, but liquidity attractiveIn hindsight, October 25 might not have been the best day for US wine seller Zachys to hold its inaugural Hong Kong auction.
- Global recession has little impact on 'sin stocks'Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, alcohol, cigarette and candy makers are all r...
- Recession? Eat, drink, smoke and be merryEven as consumers face soaring energy costs, rising food prices and higher mortgages or rent, they're not prepared to forgo life's little t...
- Queensland rolls out the red carpetAfter Victoria and Melbourne, it’s Queensland that is rolling out the red carpet to Indian visitors. Over the years, Australia has come to ...
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