Drinks - Chile

Italian Wine Sales Grow 7% In Value, 5.7% In Volume In 2020

Wine sales in the Italian off-trade channel (large scale retail) grew by 7% in value and 5.7% in 2020 compared to the previous year. Data from the Nomis...

To Save Chilean Wine, Producers Head South

Faced with increasingly inhospitable growing conditions, the Chilean wine industry is moving south and experimenting with new vines. Deep in Chile'...

Pricey Chilean Brewer Takes On AB InBev In Turf War

Euphoria in Chile is making its largest brewer look much, much better than it really is. Shares of Cia Cervecerias Unidas SA are trading near record hig...

Freak Weather Hits Top Chilean Producer Vina Concha y Toro

Carmenere’s poised to get even more exclusive. Freak weather has Chile’s largest wine producer, Vina Concha y Toro SA, underperforming its L...

Campari Group Sells Lapostolle For €30 Million

Campari Group has signed an agreement to dispose of the Lapostolle wine business in Chile for €30 million. The sale consists of Chilean wines and p...

China's Largest Wine Maker Targets Chile Amid International Push

Yantai Changyu Pioneer Wine Co. plans to buy vineyards in countries including Chile and Australia as China’s largest wine maker expands abroad. &q...

Chilean Brewer CCU Rallies As Goldman Says Buy On Andes Growth

Latin America’s worst-rated food and beverage stock climbed after Goldman Sachs Group Inc. recommended buying the shares, betting consolidation of in...

Chile Fights California-Like Drought

Winery De Martino found the clay soil and cool temperatures needed to produce its award-winning Quebrada Seca pale chardonnay in the Andean foothills north...

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