Foster’s, the Australian brewing co that swallowed Southcorp wine for A$3.2 billion last year, announced quarterly results. Beer bolstered sagging wine and management can’t think of anything better to do with their cash than buy back A$200 mln worth of its own shares. Now there are rumors that the “world’s top two” are eyeing Foster’s–the big two brewers that is, InBev and SABMiller. Hmm, what would happen to the wine assets? More turbulence could be expected. [Sydney Morning Herald]
Also down under, but riding the wave better than their neighbor, New Zealand wine exports rose to record levels in June. We recently learned about Australian researchers using worms, this week kiwi researchers are studying how to keep that “cat’s pee” smell in their sauvignon blanc. [NZ Herald]
As Labor Day approaches, many California wineries may have trouble finding labor for harvest. [SLO]
Michael Mondavi finds he can’t use his own name for his new wine venture. [ModBee] A sign of the times: this is becoming so frequent that Eponymous is already taken.
Want a snack? How about a foie gras Pop-Tart? No, it’s not available at your local supermarket aisle–it’s only available at the bar at the Four Seasons in NYC. “The process was to come up with a finger-friendly way to eat foie gras,” chef Brooke Vosika told Time Out New York. Foie gras baked in piecrust and served with port wine jelly $28. Sauternes extra.