Cranberry Apple Glogg

8 cups cranberry-apple juice cocktail
7 cups dry red wine
1/2 cup sugar
2 cinnamon sticks
8 whole cloves
orange peel strips

Combine first 5 ingredients in large pot. Cook just below simmering for about 1 hour. (Can be prepared 3 hours ahead. Just cover and keep warm over very low heat.) Laddle into mugs and garnish with orange peel. Yield about 8 servings.