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Home » Archives by category » Featured Articles (Page 43)

Wine Industry Financial Health Looking Good: Silicon Valley Bank

2014 Has been a very good year for the vast majority of wineries, according to Silicon Valley Bank’s 2014 industry survey. The entire report can be accessed by clicking on this link. According to the report summary: 82% of wineries reported overall financial health of “good” or better for 2014. This is up 7% over […]

December 10, 2014 | Filed under Featured Articles | Read More

Napa Wine Finance Deal Tangled In Court Suits Charging Usury, Fraud, Securities Violations

UPDATE March 16, 2015: This case ended as a murder/suicide. See all of our articles on the subject at this link: Did Killer Vintner Want This To Be His Investor’s Forced Confession At Gunpoint? Check these web issues of News Fetch for general media coverage: March 17, 2015 March 18, 2015 March 19, 2015 A […]

November 26, 2014 | Filed under Featured Articles | Read More

Merrill Lynch Bullishness On Treasury May Be Wishful Thinking

Treasury Wine Estates has put the worst behind it with new leadership and “a strategic direction fully supported by the majority of its shareholder base,” according to a Nov. 6 analyst report from Bank of America/Merrill Lynch, which may be peppered with some wishful thinking. The new report opens with a “buy” rating and a […]

November 11, 2014 | Filed under Featured Articles | Read More

Vivino Wine App Total Investment Now Tops $12 Million

CORRECTION: The total raise, according to Vivino, is just over $12 million. News Fetch incorrectly counted the previously reported $10.3 million as a separate raise. Vivino has raised $ 12,218,729 from investors since June 26 of this year according to a Form D filed with the Securities and Exchange Commission yesterday, November 6. The form […]

November 7, 2014 | Filed under Featured Articles | Read More

Crimson Wine Restates Erle Martin Departure, Gives Him $750K Severance

Crimson Wine Company (Nasdaq: CWGL) filed 8K, and 8K/A documents with the SEC today that revise its previous statement regarding the sudden departure of President and CEO Erle Martin. Among the documents was a severance agreement that included a $750,000 payment to Martin and a mutual release of legal liabilities between him and the company. […]

November 6, 2014 | Filed under Featured Articles | Read More

Crimson Wine Group Announces Shakeup At The Top

In a tersely worded 8-K statement filed today with the Securities and Exchange Commission, Crimson Wine said that President and CEO Erle Martin “is no longer an employee.” No reason was stated, nor was there an indication of whether his departure was voluntary or not. According to the entire short statement, signed by Chief Financial […]

November 3, 2014 | Filed under Featured Articles | Read More

HillWineCo: More Bulk Wine Discovered & Up For Grabs

IMPORTANT NOTE: Hill Family Estate as well as William Hill Estate Winery, are not affiliated with, nor owned by the same families as The Hill Wine Company in this and previous bankruptcy articles. Bankruptcy Trustee Lois I. Brady who is overseeing the Chapter 7 liquidation of Hill Wine Company has signed a deal with Appellation […]

October 29, 2014 | Filed under Featured Articles | Read More

Mini-Interview: Billionaire Industrialist and Napa Vintner Kieu Huong In His Own Words

On October 3, Wine Executive News profiled the first Vietnamese-American billionaire, Kieu Hoang and his path from new immigrant to American citizen, successful pharmaceutical manufacturer, Napa Valley vintner and auction record-setter (Kieu Hoang: New Billionaire Winery Owner A Self-Made One-Man Conglomerate). Our curiosity prompted a follow-up request for information. The following 500-word interview is Mr. […]

October 21, 2014 | Filed under Featured Articles | Read More

Harvey Posert: A Giant On Whose Shoulders Stood Many Successes

“Harvey Posert, Jr., an influential leader in the California wine industry for nearly 50 years, died October 3, 2014 at the age of 84 after a brief illness, with his three sons and their mother at his side.” Read more. Harvey Posert was a gentle giant with shoulders broad enough to support many successes. My story is […]

October 4, 2014 | Filed under Featured Articles | Read More

Kieu Hoang: New Billionaire Winery Owner A Self-Made One-Man Conglomerate

Kieu Hoang and his namesake winery seem to have burst onto the wine scene from out of nowhere this year with a $240,000 winning bid on a Napa Valley Wine Auction lot on June 7. He trumped that minutes later by making a $1 million donation to the Fund-a-Need effort. This is the final stage […]

October 3, 2014 | Filed under Featured Articles | Read More