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My Wines Direct Shuts Down
My Wines Direct has closed. On Dec. 22, 2011, Wine Industry Insight quoted My Wines Direct CEO Robert Miller as saying the company was looking for a buyer. Employees, clients and suppliers indicated that they believed the company would close this week. Their fears have been confirmed. The My Wines Direct Web site today also […]
Opolo Sues Portugese Winery & Distributor, Charging Copyright Infringement
Paso Robles Winery Opolo Vineyards has sued a Portugese wine company and its U.S. Distributor who, it alleges, have infringed its trademarks by marketing a wine called Opola in the United States. Wine Executive News subscribers please click here to read the complete article. The full text of the following sections is available to subscribers […]
Global Wine Partners Prospers As Biggest Client Loses
As Levi Strauss learned during the California gold rush, it is often better to be a supplier to the miners than be a miner yourself. And so it is that St. Helena-based Global Wine Partners (GWP) — which staked its claim as a supplier of advice to wine industry investors — has made almost $3 […]
Winery & Vineyards: One Major Investment Company’s $81 Million Debacle
Investments in California wineries and vineyards have long been the Afghanistan for major investors. The field is enticing. The subject appealing. Especially so for investment managers who like what the British would call a “top drop.” But like the British and a lot of other powerful and intelligent people over the ages who thought they […]
Napa Valley Think Tank Closes Its Doors
The Napa Valley Think Tank has closed its doors. The laboratory opened in August, 2010 with the goal of providing more than strictly analytical services. According to its web site, its goal was “to be the focal point for area winemakers; the place they go for analytical laboratory services, winemaking supplies and advice, as well […]
Eos Estates Winery & Vineyard Real Estate Sold To Southern California Real Estate Tycoon
Entertainment Properties Trust (NYSE: EPR) has sold the former Eos Estate Winery facility and the accompanying 60-acre vineyard to a newly formed, secretive Limited Liability Corporation (LLC) backed by an Iranian-American immigrant born into poverty who raised himself by his bootstraps and built a sprawling, successful real-estate empire in Southern California. EOS STRUGGLING FOR YEARS […]
The California ABC has just issued its long-awaited advisory on Third Party Providers.
The Advisory (.pdf) can be accessed here. The first reaction in has come from Vintners Alliance More when we’ve had a chance to read everything. NEWS RELEASE California ABC Takes Action to Help California Businesses New Advisory Explains How Internet Businesses Can Properly Promote Alcoholic Beverage Sales (San Francisco) – In a move to help […]
Niner Wine Estates Buys San Luis Obispo’s Jespersen Ranch
Greenwich, CT residents Pam and Dick Niner, owners of Niner Wine Estates in Paso Robles, have bought the 112-acre Jespersen Ranch located just south of the San Luis Obispo city limits. They paid $[premium subscriber content] — less than half of the asking price. The winery had been listed since 2005. This makes the third […]
CDFA Market Enforcement Branch Acts Against 11 Vintners, Including 2 Criminal Cases
The Market Enforcement Branch of the California Department of Food & Agriculture has acted against 11 vintners for licensing violations and grower payment improprieties. Wine Executive News subscribers please click here to read the complete 672-word article. The full text of the following sections is available to subscribers of Wine Executive News. – TWO WINERIES […]
Barrel Stop Faces January Deadline For Ch11 Plan Approval
Barrel Stop Winery of Napa (also dba Dominari Winery) must gain creditor approval for a Chapter 11 plan by January 15, 2012 or be converted to Chapter 7 liquidation according to an order by Judge Alan Jaroslovsky of the U.S. Bankruptcy Court for the Northern District of California. Barrel Stop’s most recent filings list $8,617,521 […]
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