Saturday, March 23, 2019
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Afternoon Brief, March 18

Constellation Brands May Sell Cheap Wine Brands to Gallo: Constellation Brands may sell off some of its lower-end wine brands to Gallo Winery, according to CNBC. The report comes after Constellation said last month that it may sell up to 40% of its wine brands because they are underperforming...

Afternoon Brief, March 15

Big Vintners Face Challenges as Market Growth Slows: Shifting market conditions mean the wine industry needs to meet consumers where they're at, according to the latest data from market research firm Gomberg, Fredrikson & Associates...

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, February 22

Roederer Buys Sonoma's Merry Edwards Winery: The Louis Roederer Champagne house has purchased Russian River Valley Pinot Noir specialist Merry Edwards Winery. The deal includes the brand and its inventory, as well as the winery and tasting room in Sebastopol and 79 acres spread over six vineyards...

Afternoon Brief, February 21

Constellation Brands to Discontinue 40% of Wine & Spirits Portfolio: This week at the Consumer Analyst Group of New York (CAGNY) Conference, Constellation Brands said that they expected to sell or discontinue up to 40% of their wine and spirits portfolio. Bill Newlands, president and COO, looked to reassure investors that the "best is yet to come."

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 13

What Makes This Year’s ProWein So Special? It’s the Silver Anniversary - In advance of March's ProWein, the annual trade fair in Düsseldorf, Germany, Wine Enthusiast's Contributing Editor Anne Krebiehl MW spoke with Eva Rowe, vice president of Messe Düsseldorf North America, the U.S. arm of ProWein's organizers ...

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 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, December 26

Beer, Spirits, & Wine - Packaged Imports Grow +8.3% by Value Over Last Twelve Months Through October 2018, Packaged Exports Decline -10.3%: Total beverage alcohol imports (including bulk and packaged) grew +7.7% by value over the last twelve months and grew +5.6% by value over the last three months...

Afternoon Brief, November 2

Napa County Formulating New Rules for Winery Rule-Breakers: Once again, Napa County is poised to further deal with wineries that make too much wine, have too many visitors or otherwise break rules set out in their permits...