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Home » Archives by category » Featured Articles (Page 37)

WineDirect Continues To Dismantle Itself – Unloads Telesales/Direct Outbound Unit

This is an issue for Wine Executive News premium subscribers. It contains an article about a WineDirect transaction followed by links to industry data. Wine Executive News subscribers please click here to read the complete article. Not a Wine Executive News subscriber? Subscribe to Wine Executive News now, and get the rest of this original […]

March 16, 2016 | Filed under Featured Articles | Read More

The bankrupt owner of the bankrupt Premier Cru has Wells Fargo’s $100K supercharged Corvette and they want it back.

Even as complaints about Premier Cru Fine Wines continued to mount on Yelp and The New York Times, John Fox — the now-bankrupt owner of the now-bankrupt wine company — found time to stop into a Bay Area Chevy dealership and buy a 2016 supercharged Corvette[$ VIP pdf]  loaded with goodies and worth more than […]

March 2, 2016 | Filed under Featured Articles | Read More

Calif. Preliminary 2015 Wine Grape Crush Report Down 5% from 2015 – 3.7 Million Tons

Other resources and analyses Ciatti: 2015 California Winegrape Crush; A Tale of Two Harvests: Valley vs Coast Allied Grape Growers – 2015 Preliminary Crush Report Turrentine Press Release Feb. 10, 2016 Click here to download the entire report (pdf). News From: United States Department of Agriculture & National Agricultural Statistics Service SACRAMENTO – The 2015 […]

February 10, 2016 | Filed under Featured Articles | Read More

No wine among most valuable global brands. Bud Light, Bud and Heineken place in bottom 50%

No wine brands turned up in the 2015 ranking of the world’s 500 most valuable global brands, according to Brand Finance, an independent intangible asset valuation consultancy. Source: Global 500 2016 Methodology According to Brand Finance, their methodology “calculates brand value using the Royalty Relief methodology which determines the value a company would be willing […]

February 4, 2016 | Filed under Featured Articles | Read More

Specifics of the Peju Province-Acacia deal: Price, financing, asset description and maps

Peju Province Winery, LP paid $[premium content] million for the former Acacia Winery and [premium content] acres of land according to Napa County records. Slightly less than half of the property is planted to vineyards. The winery is part of the winery portfolio which Treasury Wine Estates did not want to retain after its 2015 acquisition […]

February 3, 2016 | Filed under Featured Articles | Read More

What Fred Franzia Said Tuesday That Shook Up His Unified Symposium Audience

Keynote speeches at the Unified Wine Industry Symposium are usually benign recitations of mostly known facts delivered in a polite tone resembling a British tea party with pastries and cute cakes. I’ve never see a speech get the whole Symposium buzzing. But Bronco Wine Company CEO Fred Franzia’s speech hit the audience like a ton […]

January 27, 2016 | Filed under Featured Articles | Read More

2 Bello bankruptcy clawback victims strike back with their own lawsuits

By Jeff Siegel, Contributing Editor and Lewis Perdue, Executive Editor   What do you do when you’re forced to pay back hundreds of thousands of dollars — or more — that you’ve earned because a bankruptcy court determines that you got improper payments from an insolvent company or person? Your only alternative is to sue […]

January 25, 2016 | Filed under Featured Articles | Read More

The complete, text-searchable document listing all of Premier Cru’s 5,000+ victims

The Premier Cru implosion and subsequent Chapter 7 bankruptcy filing have left a lot of jaws dropping, especially a court filing that shows the company with assets of about $7 million and debts of more than $70 million– almost all of which is unsecured and will be crammed down to breathtakingly small levels.   In […]

January 19, 2016 | Filed under Featured Articles | Read More

John Duarte’s “plow a field, go to jail” struggle with Feds makes LA Times

The Los Angeles Times has become the first mainstream media source to cover John Duarte’s harassment by the U.S. Corps of Engineers following his attempt to plant a wheat crop on his land in Tehama County in 2012. Worth Reading The article is in today’s LA Times and worth reading: A land-use case that’s enough […]

January 15, 2016 | Filed under Featured Articles | Read More

Yao Family Wines Buys Bello’s Former St. Helena Tasting Room

A real estate LLC associated with Yao Family Wines has purchased the former Bello Family Vineyards tasting room property at 929 Main St., St. Helena — directly across the street from the now-shuttered Tra Vigne. The property had been among a vast number of assets entangled  in the bankruptcy proceedings of family patriarch Michael Ru […]

December 28, 2015 | Filed under Featured Articles | Read More