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Home » Archives by category » Featured Articles (Page 21)

SOMM star sued by Napa Valley event and tour company

  Has SOMM star Dustin Wilson followed his verve across a forbidden legal line with his retail operation and associated businesses?   Napa Valley luxury wine event and tour company founder Mary T. Beller thinks so.   Beller, who owns Verve Wine Country LLC (aka Verve Napa Valley)  has sued Verve Management LLC — owned […]

May 30, 2018 | Filed under Featured Articles | Read More

NIH halts ethically challenged alcohol consumption study first revealed by Wine Industry Insight 4 years ago

The National Institutes of Health says it has halted a $100 million industry-funded moderate drinking study whose ethically questionable origins were first revealed in 2014 by Wine Industry Insight reporting.   NIH Director Francis Collins told a Senate subcommittee yesterday said that enrollment in the Moderate Alcohol and Cardiovascular Health (MACH15) study had been halted […]

May 18, 2018 | Filed under Featured Articles | Read More

NIH to investigate funding process of massive moderate alcohol consumption study

The National Institutes of Health has announced its intent to investigate the circumstances and ethics of the funding process of a moderate alcohol consumption study that scientists have asked spirits and beer companies to fund. According to documents obtained in 2014 by Wine Industry Insight, the Wine Institute was solicited for support but declined to […]

May 18, 2018 | Filed under Featured Articles | Read More

Wine.Com’s $140 million funding foundation takes #1 position in WII’s wine venture funding series

Wine.Com is truly the last company standing that grew out of the early bleeding edge of wine e-commerce. The current Wine.Com — and its total funding —  is an outgrowth of eVineyard whose components along the way include Virtual Vineyards, WineShopper.Com, and a previous wine.com operation purchased by eVineyard..   In 2017 company statements, the […]

May 16, 2018 | Filed under Featured Articles | Read More

Insolvent Sonoma Cider assets for sale. Auction bids due by this Friday (May 18)

Bids for the assets of the defunct Sonoma Cider and its contract wine canning operation must be submitted by this Friday — May 18. being accepted by Liquid Solutions Group.   After five years of operation  the company was shut down in March: after fizzling through $6.2 Mil in venture capital. Claims against all the […]

May 14, 2018 | Filed under Featured Articles | Read More

List of top 50 wine business venture fundings + Coravin #1 in total financing

A note from Wine Industry Insight Publisher and Executive Editor Lewis Perdue about this article and the regular series to come: “As noted in the disclaimer in both charts below, we recognize that the data we have reluctantly extracted from our research into private fundings will always be incomplete thanks to the lack of transparency […]

May 8, 2018 | Filed under Featured Articles | Read More

Drinks Holdings, Inc., sues WineDirect alleging substandard shipping service; WD countersues

Drinks Holdings Inc. (DHI) — best known for its Drinks.Com direct wine sales — has sued ecommerce and fulfillment company, WineDirect (WD) in Los Angeles County Superior Court alleging breach of contract, fraud, misrepresentation, and unfair competition.   The suit was brought by DHI and its allied company, Hemispheres against WD and its Chief Executive […]

May 1, 2018 | Filed under Featured Articles | Read More

Wine industry missing out on investment due to its lack of financial transparency

“Over the past 30 years, venture capital has become a dominant force in the financing of innovative American companies.” — Stanford University Graduate School of Business Research Paper No. 15-5 With few exceptions, the wine industry’s lack of financial transparency has prevented it from benefiting from the venture capital engine that has boosted nearly every other […]

April 16, 2018 | Filed under Featured Articles | Read More

Chinese wine venture capital investments blow away United States efforts

NOTE: After this article was written in 2018, Chinese wine and spirits platform 1919.cn received a $288 million investment. That elevated VC investments in the top 7 China wine ventures to at least $840 million — very close to investments in the top 33 U.S. based ventures which total $924 million over their entire company […]

April 12, 2018 | Filed under Featured Articles | Read More

DiBuduo retires as Pres/CEO of Allied Grape Growers, Board appoints Jeff Bitter new president

NEWS RELEASE, DATE: April 10, 2018   FOR MORE INFORMATION: Nat DiBuduo: 559-276-7021 or nat@alliedgrapegrowers.org Jeff Bitter: 559-276-7021 or jeff@alliedgrapegrowers.org   (Fresno, Calif.) After nearly two decades of leadership, Nat DiBuduo will retire as president and CEO of Allied Grape Growers (AGG) at the end of June. The AGG board has appointed Vice-President of Operations […]

April 10, 2018 | Filed under Featured Articles | Read More