Afternoon Brief, January 24
Rombauer Vineyards Acquires Renwood Winery Facility in Sierra Foothills: Rombauer Vineyards, one of Napa Valley's premier, family-owned wineries, today announced the purchase of the Renwood Winery facility in Amador County. The sale includes 20 acres of vineyards, the wine production facility, and the tasting room located at 12225 Steiner Road in Plymouth, California...
Afternoon Brief, January 23
DTC Channel Is Reaching Maturity for Wine: Larry Cormier, General Manager, ShipCompliance by Sovos, presented the topline results from their annual Direct to Consumer Wine Shipping Report based on the 8 million transactions a year filtered through ShipCompliant by Sovos at the DTC Wine Symposium Wednesday...
Afternoon Brief, January 22
Supreme Court's Wine-Regulation Case Focuses on Protectionism:
Afternoon Brief, January 21
US Government Shutdown Hits Wine Hard: The longest partial government shutdown in US history is a buzz-kill. And not just for the hundreds of thousands of federal workers who are missing their paychecks, but for the wine industry, which depends on a network of government entities to approve labels, imports and perform lab analysis...
Afternoon Brief, January 18
Amid Shift in Wine Consumer Demand, California Wine Country Cautioned to Prepare for Ample Grape Supply: The North Coast wine business on Thursday received another wake-up call about gathering storm clouds that could dampen consumer demand for premium wines and the grapes from which they're made ...
Afternoon Brief, January 17
Napa Is Suddenly Abuzz with Winery and Vineyard Sales: After a relatively quiet period in Napa Valley mergers and acquisitions, we are suddenly seeing a flurry of activity. The big headline: Ed and Deb Fitts have sold Brand, the very high-end estate on Napa's Pritchard Hill that they founded in 2005, to Jim Bean and Christine O'Sullivan for an undisclosed price...
Afternoon Brief, January 16
Millennials Still Missing as Fine-Wine Core Consumers, Says Silicon Valley Bank Report: Sales growth for U.S. wine is expected to remain in positive territory this year - better, for premium producers - but the industry needs to revamp its appeal to the next generations of core consumers else lose share of wallet to competing beverages and imported wines, according to a closely watched industry report released Wednesday evening...
Afternoon Brief, January 15
Buyers of BRAND Winery and Estate Vineyards Acquire a Gem on Famed Pritchard Hill: Jim Bean and Christine OSullivan are purchasing the BRAND winery and vineyards from owners Ed and Deb Fitts. The Brand estate is located atop Pritchard Hill, one of the most sought after locales in Napa Valley ...
Afternoon Brief, January 14
2019 San Francisco Chronicle Wine Competition Winners: The 2019 Chronicle Wine Competition Winners are in. Nine wines took home medals after they were chosen as the finest from a selection of over 6,800 wines that entered ...
Afternoon Brief, January 11
Napa County Hits The Prisoner Winery with Code Violation Notice: Napa County has told the new The Prisoner winery to stop selling art, stop selling jellies and jams and stop offering food services that the county says are comparable to those found at a restaurant or café...
Afternoon Brief, January 10
Important Crush Report May Be Impacted by Government Shutdown: The ongoing federal government shutdown, which began Dec. 22, may soon affect a key program of great importance to winegrape growers. Thursday, Jan. 10 is the deadline for wineries to submit grape purchase data from the 2018 harvest to the U.S. Department of Agriculture's National Agricultural Statistics Service Pacific Region office...
Afternoon Brief, January 9
Constellation Brands Plunges Most in Six Years on Forecast Cut: Constellation Brands Inc., the alcohol giant betting big on the cannabis industry, plunged the most since 2013 after the company cut its profit outlook and indicated its beer business is slowing down...
Afternoon Brief, January 8
Napa County Winery Permit Enforcement Deadline Spurs Scramble for Professionals: Napa County is undertaking a sizable effort this year to tighten enforcement of limits on how much local wineries can grow. But with less than three months until a deadline to file for permit modifications, there's growing concern among the small cadre of professionals usually tasked with such documentation about meeting the deadline...
Afternoon Brief, January 7
Organic Grape Growing Harms Vineyard Soil, Says a Consumer Advocacy Group: According to the pro-science consumer advocacy group, American Council on Science and Health (ACSH), organic wine may not be good for the earth-or at the very least, it's bad for the local vineyard soil...
Afternoon Brief, January 4
Constellation’s $3 Billion Wine Sale: What’s on the Block: Last fall, multiple reports surfaced that Constellation Brands is exploring a selloff of several wine labels among them Clos du Bois, Cooks, Arbor Mist, and Mark West as it looks to continue premiumizing its portfolio in line with market trends ...
