Tag: Michael Clarke

Wineries Sue Insurers for $20 Million in Smoke Taint Losses - Kunde and Vintage Wine Estates (VWE) have filed suit against their insurers at Sonoma County Superior Court collectively seeking approximately $20 million in losses. The wineries claim their insurers wrongfully refused to pay for smoke taint damages caused by the October 2017 Northern California wildfires ...

Subscribe to the Afternoon Brief   Trending Story: Direct-to-Consumer Wine Shipping: Zinfandel and Rosé on the Rise, While Red Blends Underperform Their Peers In January, we...

California Wine Exports Reach Record $1.62 Billion in 2016: U.S. wine exports, 90% from California, reached $1.62 billion in winery revenues in 2016, a new record. Despite challenges from a strong dollar, winery revenues were up 1% from 2015. Volume was 412.7 million liters or 45.9 million cases…

Duckhorn Quashes Rumors of Sale to Constellation: Napa Valley's Duckhorn Wine Company has sought to tamp down talk that it's on the selling block...

Grape Crush Report Reveals Lighter Harvest for Washington State in 2015: Washington State's wine grape harvest in 2015 totaled 222,000 tons, down 2 percent from the prior year, said a report released today by the Washington State Wine Commission and the United States Department of Agriculture...

Chemical Giant Stumps Up for Poisoned Vines: German chemical behemoth Bayer is offering to compensate grapegrowers whose crops have been damaged after spraying with one of the company's fungicides...

Harvey Posert Jr., the Man Behind Robert Mondavi’s Message, Dies at 84: Harvey Posert Jr., a career professional in public relations who was one of the leading figures behind the scenes in California wine's success over the past 40 years, died early on Oct. 3 at St. Helena Hospital...

Scientists: Napa quake should be a ‘wake-up call’: The earthquake that struck Napa County early Sunday could have been much larger, scientists said, given the track record of the fault that most likely caused the shaking...

Treasury Wine's Michael Clarke flags U.S. acquisitions despite $100m loss: Treasury Wine Estates boss Michael Clarke won't allow calamitous acquisitions made by former management or circling private equity suitors deter him from beating a path to the U.S., and has signalled an appetite for acquiring premium Californian wine brands to augment his ambitious growth strategy...

Subscribe to the Afternoon Brief Trending Story: Ardagh Group to sell six plants to settle $1.7bn Federal Trade Commission (FTC) charges Ardagh Group has agreed to sell...

Subscribe to the Afternoon Brief Trending Story: Treasury Wine Estates boss Michael Clarke urges Prime Minister Tony Abbott on wine FTAs in Australia The new boss of...