Wine & Spirits

George Clooney's tequila company just sold for $1 billion — here's the story of how it was set up by accident

• <b>Casamigos started as an idea between Clooney and friend Rande Gerber while they were in Mexico.</b>• <b><br>The company just sold to Diageo for up to $1 billion (£79 billion).</b>• <b><br>The friends researched extensively to create a tequila they could drink all day without getting a hangover.</b>• <b><br>Clooney and Gerber still taste</b> …

Liquor

Diageo's Plunge Into India Delivers a Booming -2-

MUMBAI – India's liquor market was for years a thorn in the side of Diageo PLC, the world's largest spirits maker. Then it met the "King of Good Times."<p>Vijay Mallya, a billionaire fond of mullet haircuts, diamond earrings, sports and lavish parties, invited Diageo executives to his Mumbai residence …

Whiskey

George Clooney just sold his tequila company for $1 billion

George Clooney just sold his tequila company for $1 billion<p>Casamigos<p>George Clooney has a lot to celebrate this year. Weeks after he welcomed twins – …

Liquor

Unfiltered: Lewis Black and Loring Go Noir; Fake Prince Cons Winery | Unfiltered | News & Features

It must get stressful to be perpetually pissed off, but Grammy-winning comedian and rage maestro <b>Lewis Black</b>, a <i>Daily Show</i> contributor and onetime <i>Root</i> …

Wine

Runaway Gin Announces 2017 Fall Tour

South Carolina-based Runaway Gin has detailed a series of upcoming tour dates. The Phish tribute act will play 11 shows between August and October …

Tribute To

20 Wines Under $20: The Savory Side of Rosé

If for no other reason than popular demand, summer is rosé season.<p>These wines, once pitilessly disparaged as dull and anemic, have been hotter than July for a decade, a climactic shift that shows no signs of letting up. In the past few months, three books on rosé have been published, which possibly …

Wine

Investors Doubt George Clooney's Tequila Is Worth $1 Billion

Hollywood megastar George Clooney might be joyously counting his cash after Diageo agreed to buy his tequila company for up to $1 billion Wednesday but investors in the London-based alcoholic beverage giant aren’t exactly celebrating. Diageo shares fell 1.75% to $119.62 on the NYSE as analysts …

Liquor

Anson: So Brexit is happening – what next for the wine trade?

Jane Anson reports on a debate at Vinexpo in Bordeaux on the possible Brexit fallout for the wine trade, as UK and European Union officials begin …

Brexit

George Clooney Is Selling His Tequila Business For $1 Billion And People Have Strong Opinions

Everything that George Clooney touches (well, almost everything he touches) seems to turn to gold. Just two weeks after welcoming twins with his human rights lawyer wife, Amal (Alamuddin) Clooney, it was announced Wednesday that the <i>Money Monster</i> star (pun intended) is selling his tequila company …

Liquor

St. Francis Winery President Christopher Silva Dies at 52 | News | News & Features

Christopher Silva, energetic president and CEO of St. Francis Winery in Sonoma Valley, died Tuesday in Santa Rosa, Calif., from complications related …

Wine

65% off Stays at the Serenity at Coconut Bay on St. Lucia

An exclusive offer for Operation Vacation and T+L readers.<p><i>T+L launched Operation Vacation to inspire workers to use their days off and get away,</i> …

Travel

Senators leave Liberals’ budget bill in limbo as MPs leave for summer recess

Furious senators refused to pass the Liberal budget Wednesday evening, leaving the government’s agenda in limbo as members of Parliament left Ottawa for the summer recess.<p>A flurry of events Wednesday pitted the Senate against the House of Commons over whether or not unelected senators can make …

Toronto

Clooney and Partners Sell Tequila to Diageo for $1 Billion

More<p>George Clooney may be the face of fancy coffee, but it’s in premium tequila that he just hit the real jackpot.<p>Diageo Plc agreed to acquire …

Liquor

37 Photos for R.J.'s 37th Birthday

As we celebrate Richard Jefferson's 37th birthday, Cavs.com takes a look back at RJ's time with the Wine & Gold.<p>As we celebrate Richard Jefferson's …

Basketball

Toulouse wine tour: Explore nearby wineries in Gaillac

Just an hour's drive to visit these producers...<p><b>Toulouse wine tour: Exploring Gaillac in south-west France</b><p><b>Fact file</b><p><b>Planted area</b> (AP) 3,300ha …

Wine

My First Million — Tony Laithwaite, wine merchant

‘My company is more an obsession than a business’<p>Tony Laithwaite, 71, started a home-delivery wine business in 1969, after working in the vineyards …

Wine

'Iconic' drive-through liquor store's peril sparks preservation fight in Phoenix

PHOENIX — Historic preservationists are fighting to save a building some call central to the character of Phoenix’s Melrose District: a drive-through liquor store. <br>At risk of destruction is the 1957 Melrose Liquors, one of Phoenix’s oldest drive-through liquor stores continuously in operation. The …

Liquor

Right-wing rag Daily Caller rails against “coastal elites,” then asks its readers to buy $90 cases of “Les Déplorables”-brand wine

What is "coastal elitism" typified by if not "Central Coast Cabernet Sauvignon?"<p>The mass email from The Daily Caller has a bouquet of groupthink that opens into floral notes of irony: it begins with a jab at “liberal snowflakes” before announcing “we are proud to be the Deplorables, the real …

Wine

Why Red Wine Tans Your Tongue Like Leather

Have you ever noticed that red wine makes your tongue feel dry and puckered? If you've chalked up the strange (and slightly icky) feeling to an …

Wine

Wine, Please! Ancient Pottery Inscription Requests More Drinks

A previously overlooked inky inscription on a pottery shard found in Israel calls for the delivery of more wine, according to a new study, showing …

Archaeology

House panel approves proposed income tax increase

A House committee voted Wednesday to send several tax increase proposals to the full House for a floor vote, despite concerns about hardships they …

Income Tax

Hidden message reveals ancient soldiers’ thirst for wine

Scientists have revealed a hidden message on a fragment of ancient pottery on display in Israel, shedding more light on who was drinking wine 2,500 …

Archaeology

A New Building For This Winery In The Hills Of Washington State

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Architecture

Winegrowers debate climate change effects at Bordeaux fair - France - RFI

Today's wine industry has to deal with serious climate changes: floods, hailstones, drought and sometimes even frost.<p>In this context, winemakers need to save the vines they manage to grow.<p>In the past few years rising temperatures have devastated crops in warmer climates worldwide.<p>Last year in …

Wine

How Pernod Ricard is using the internet of things to get closer to its customers

With a supply chain that’s littered with third parties, it’s hard for brands to stay connected with their customers. Wine and spirits company Pernod …

Liquor

Hey Stitches, leave the tip

“My brother’s got two degrees. He got one for me.”<p>Midseason form for Patriots tight end Rob Gronkowski. With OTAs over and training camp six weeks …

Maker's Mark

Captain Morgan defends trademark as Admiral Nelson’s is ordered to weigh anchor

Where does a captain outrank an admiral? On Canadian liquor-store shelves.<p>A ruling in Canada’s Federal Court has ordered Admiral Nelson’s rum to weigh anchor – finding that it infringes on the Captain Morgan character trademark, and barring sales of products with the Admiral character, or any other …

Whiskey

American Queen Steamboat Company Has a Deal for You

If you held off on booking before, now is the time.

Maker's Mark

Here’s How People Asked for Wine 2,600 Years Ago

New scans of an old pottery shard reveal an ancient request for a booze run.<p>We’ve all missed a reading text or two when our phone is on silent or if …

Wine

Wine Industry Leaders Take on Climate Change at Vinexpo | News | News & Features

<i>Wine Spectator</i> kicked off Vinexpo, the international wine-trade fair held biennially in Bordeaux, on Sunday by gathering experts and industry …

Wine