News

PMR.africa Diamond Arrow Award

We are thrilled to receive our fifth consecutive Diamond Arrow award from PMR.africa, and we were voted first overall in the category of Distributors & Marketers – Wine, Spirits and other alcoholic beverages by our trade customers.


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.