Tag: Australia
Afternoon Brief, March 20
How the Flooding Affected Sonoma’s 2019 Vintage: Northern California wineries and vineyards continue to clean up and dry out from the unusually heavy rainfall that hit in late February and caused some of the areas' worst floods in 20 years...
Afternoon Brief, March 12
The Maddening Business of Marketing to Millennials: "I do think Bordeaux is potentially losing a generation," argues NYC-based sommelier Cedric Nicaise. "The wines are expensive, seen as 'old' by many younger people and are not cool ...
Afternoon Brief, March 1
Gallo to Pay Civil Penalty, Make Safety Improvements to Winery: In a settlement with the U.S. Environmental Protection Agency, E.&.J. Gallo Winery will pay a $58,000 civil penalty and make improvements to address the risk of chemical accidents at its wine production facility in Fresno ...
Afternoon Brief, February 25
Napa Auction Snatches Victory from Defeat: Napa Valley was set up for a huge failure at Premiere Napa Valley on Saturday. Everything seemed against the nation's top wine region at its annual trade auction of special one-time-only wines ...
Afternoon Brief, February 20
An Entire California Wine Appellation Is on the Market for $3.3 Million: You may have dreamed of owning your own vineyard. Well, here's a chance to own an entire wine appellation...
Afternoon Brief, February 19
Excess California Coastal Wine, Grapes Open New-Brand Opportunities, Heighten Marketing Expense: How big the 2018 North Coast wine grape harvest now won't be known for a couple more months, but it's become increasingly clear that banking the emerging wine business cycle will take different or revived tactics after years of steady consumer sales growth...
Afternoon Brief, February 14
Treasury Wine Sees Revenue Jump 13% in First Half: Treasury Wine Estates (TWE) has revealed a strong set of numbers for its fiscal first half ended in December. Overall, the company posted a 13% revenue rise at constant currency to A$1.5 billion ($1.1b), while EBITS leapt 18% to A$338 million ($240m) ...
Afternoon Brief, February 8
Mt. Difficulty Sold to Foley Family Wines for $52M: A statement from the OIO last week said the purchase included about 70ha of freehold land and about 110ha of leasehold land at the Bannockburn vineyard. Mt. Difficulty is a medium-sized vineyard known for its Mt. Difficulty and Roaring Meg labels, and particularly its Pinot Noir and Riesling, produced by winemaker Matt Dicey...
Afternoon Brief, February 4
Should You Ignore What Your Customers Want? The Great Winemakers Do: Among French wines, Château Pétrus is legendary. Consumers pay over $1,000 for a single bottle. Talking with Christian Moueix, the owner and long-time winemaker of Pétrus, Kellogg's Gregory Carpenter asked an innocent question: When crafting a wine, how do you think about the consumer?
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 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 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 ...
