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10.04.26 - 13:42
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Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less (ZeroHedge)
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Largest Winemaker In America Turns To Hard Liquor As Young People Drinking Less
E. & J. Gallo Winery, the largest wine producer in the United States and the world by volume, has completed a major pivot into hard liquor. The family-owned giant finalized its acquisition of iconic Kentucky bourbon brand Four Roses from Japan's Kirin Holdings in a deal valued at up to $775 million. The move comes as the U.S. wine industry grapples with steep declines in sales and a generational shift away from traditional wine - especially among younger Americans.
The transaction, which closed on April 2, 2026, returns Four Roses - which was founded in 1888 and long regarded as one of the most respected premium bourbons - to American ownership for the first time in 83 years. Gallo's chief commercial officer, Britt West, called the brand “one of the most respected bourbons in the world defined by heritage and craftsmanship," adding "We are committed to upholding Four Roses' quality and building th...
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10.04.26 - 06:30
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HAIDILAO Chairman Plans to Increase Stake by At Least HKD100M (AAStocks)
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HAIDILAO (06862.HK) announced that its controlling shareholder, executive Director, chairman of the Board and chief executive officer, Zhang Yong, intended to purchase additional shares of the Company with its internal funds on the open market, directly or through the entities controlled by him, to increase his shareholding in t......
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09.04.26 - 21:18
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WACOAL AMERICA ANNOUNCES LEADERSHIP TRANSITION (PR Newswire)
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Mitchell Kauffman to Retire as CEO. James Wheatley Named Successor. NEW YORK, April 9, 2026 /PRNewswire/ -- Wacoal America today announced that CEO Mitchell Kauffman will retire, effective immediately, following six years of leadership and a distinguished 40-year career in the intimate......
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09.04.26 - 03:06
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AI chip demand tightens ABF substrate supply, three-year upcycle in sight (Digitimes)
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As AI CPUs, GPUs, and application-specific integrated circuits (ASICs) advance to new generations, they are driving a sharp increase in both substrate size and layer counts. Simultaneously, supply constraints across upstream materials — including glass fiber cloth, copper foil, and drill bits — are creating bottlenecks that are gradually tilting capacity toward a supply shortfall and extending forward visibility across the IC substrate sector....
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