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Daily Newsletter

18 August 2023

Daily Newsletter

18 August 2023

Chanel-owned US winery St. Supéry buys Napa Valley vineyard

The deal includes a 48-acre vineyard in Rutherford, Napa Valley, with 42 acres of Sauvignon Blanc vines.

Eszter Racz August 18 2023

St. Supéry Estate Vineyards and Winery – Napa Valley /credit: St. Supéry Facebook page/

The deal includes a 48-acre vineyard in Rutherford, Napa Valley, with 42 acres of Sauvignon Blanc vines.

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Non-alcoholic drinks market remain resilient despite inflationary pressure

Per GlobalData analysis, the non-alcoholic beverages (NAB) market has a strong outlook in terms of value and steady forecasting for volume up to 2026. The industry has been resilient to the pandemic and inflationary pressure as consumers continue to up their intake of NABs. Rising health and wellness trends mean that a growing number of consumers are swapping alcohol consumption for NABs while others are adding more drinks to their diet for improved hydration and extra nutritional value from fortified and functional NABs.

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