Tag: spirits

European Developers Are Wooing Wine Lovers With Their Own Hassle-Free Vineyards
World

European Developers Are Wooing Wine Lovers With Their Own Hassle-Free Vineyards

With careers in Northern California’s tech sector and a primary home on the eastern shore of San Francisco Bay, Clifton Lewis Lyles and his wife, Serene Lewis Lyles, have long spent their down time among the vineyards and wineries of Sonoma and Napa counties. Now in their early 50s, the two are getting ready for something new—their own bit of vineyard and their own private wine label, some 5,500 miles away in the Alentejo region of Portugal.   The opportunity comes with their new vacation home: a two-bedroom, 2,500-square-foot villa, currently under construction, in L’and Vineyards, a luxury development about an hour’s drive from Lisbon. The 163-acre estate, with 15 acres of vineyards, lets its homeowners—spread across a total of about 80 units in the coming years—become de facto wine...
Californian Vineyard Founded by Lebanese Migrants Sells for Up to $1 Billion
World

Californian Vineyard Founded by Lebanese Migrants Sells for Up to $1 Billion

Updated Oct. 30, 2023 10:43 pm ETSYDNEY—A Californian vineyard set up by two Lebanese migrants who got their first break making wines in a garage in rural San Diego has been acquired by Australia’s Treasury Wine Estates, one of the world’s largest vintners.DAOU Vineyards, owned by Georges and Daniel Daou, has agreed to be bought by Treasury Wine Estates for up to $1 billion in a move the Australian company said provides it with scale to potentially launch a luxury wine division covering the Americas. Treasury is among major producers seeking to generate more revenue from premium wines, which can sell for hundreds of dollars per bottle, as data suggest consumers are buying less bulk wine.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8 ...
Sobriety Is In, and Nonalcoholic Beer Sales Are Soaring
Money

Sobriety Is In, and Nonalcoholic Beer Sales Are Soaring

Sales of non-alcoholic beer are soaring in the U.S., thanks to improved quality and taste, as well as generational shifts in drinking culture. For brewers, it is a welcome source of new growth and a focus area for investment. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Sobriety Is in, and Non-Alcoholic Beer Sales Are Soaring
World

Sobriety Is in, and Non-Alcoholic Beer Sales Are Soaring

Sales of non-alcoholic beer are soaring in the U.S., thanks to improved quality and taste, as well as generational shifts in drinking culture. For brewers, it is a welcome source of new growth and a focus area for investment. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Cantaloupe Mojito? Tomato Margarita? Drink Your Vitamins in Delicious Produce-Packed Cocktails
World

Cantaloupe Mojito? Tomato Margarita? Drink Your Vitamins in Delicious Produce-Packed Cocktails

By Ian Knauer / Photographs by F. Martin Ramin/The Wall Street Journal, Food Styling by Kim Ramin Sept. 28, 2023 3:48 pm ETListen to article(2 minutes)MY WIFE and her farm crew grow and manage about 13 acres of organic vegetables. It’s dirty, sweaty, backbreaking and, far too often, heartbreaking work. At the end of the day, or week, or summer, the farm crew only wants a couple things; a cold shower and a stiff drink. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8