Brown-Forman Sells Italian Wines

B-F says it has sold its Bolla and Fontana Candida Italian wine brands to Italian partner Gruppo Italiano Vini (GIV). B-F Chief Paul Varga said the decision reflects the company's evolving portfolio strategy and its continued focus on its most profitable brands. "We're proud of the work that our employees and partners placed behind the Italian wines, and we will certainly miss the brands,” he said.B-F has marketed Bolla wines since 1968, acquired a minority interest in the brand in