FREE! Subscribe to News Fetch, THE daily wine industry briefing - Click Here
![Banner_Xpur_160x600---Wine-Industry-Insight[63]](/wp-content/uploads/Banner_Xpur_160x600-Wine-Industry-Insight63.jpg) |
 ALSO SPONSORED BY: 
Wine Industry Insight Also sponsored by: 
Also sponsored by:  |
 |
Premier Pacific Vineyards Workers In Limbo Following CalPERS Termination
The CalPERS (California Public Employees Retirement System) decision to fire Premier Pacific Vineyards (PPV) as the manager of its poorly performing vineyard real estate portfolio has left PPV’s 130+ employees — from tractor drivers to executives — energetically networking, knocking on doors and handing out resumes — all of them fearing their jobs will be […]
Geyser Peak Winery Facing Bankruptcy? Just Rumors Says CEO
Geyser Peak Winery — the last major brand in the Ascentia Wine Estates (AWE) portfolio — has been desperately shopping itself all summer and now faces bankruptcy if a buyer is not found immediately. This according to multiple major wine industry investors. However, AWE CEO Jim DeBonis told Wine Industry Insight that such talk was […]
Summer 2011 Sales Trend May Indicate Double-Dip Wine Recession
Wine sales for the summer of 2011 have been trending downward in both dollar and case volume. This is in stark contrast with the same periods over the summer of 2010 when sales — in both dollar and case volume — showed an upward trend as the economy began to improve. Wine Executive News subscribers […]
Wine Sales Eke Out Gains, But Trouble May Be On The Horizon
Total off-premise wine sales rose 2.7% for the four-week period ending Aug. 20, according to The Nielsen Company. Domestic wines showed a 4.6% increase and imports dropped 1.9%. And while any growth is positive, a closer look at data shows that sales have been trending lower this summer in direct opposition to last summer’s month-to-month […]
Bacchus Blindsided By Rabobank “Douche-Bag Maneuver”
From the moment that Willamette Valley grower Olsen Agricultural Enterprises (“Olsen Ag”) filed for Chapter 11 bankruptcy protection, Rabobank, its main secured lender, pressed for a quick liquidation of the company — something which would have immediately destroyed the business and left all its other creditors out in the cold. Bacchus Capital stepped in with […]
Albeno Munari Winery – Formerly Stevenot – To Be Liquidated
The Chapter 11 bankruptcy of Murphys-based Albeno Munari Winery & Vineyards has been converted to Chapter 7 liquidation for failure to make timely payments as scheduled in its reorganization plan. Albeno Munari Winery & Vineyards is the former Stevenot Winery. Judge Ronald H. Sargis of the U.S. Bankruptcy Court for the Eastern District of California […]
Domestic Wine Growth Slows, $20+ Category Tanks, Imports Show Signs of Life
Domestic wine sale gains were 19.4% lower for the four weeks ending July 23 than they were for the previous four weeks, gaining 6.2% over the same period last year. This gain is down from 7.4% for the four weeks ending June 25, according to data from The Nielsen Company. Imports inched up 0.2%, from […]
Russian River Vineyards Files Bankruptcy
Sonoma Vineyards Acquisition, LLC (SVA) — owner of Russian River Vineyards in Sonoma County just outside Forestville — has filed for Chapter 11 protection in the U.S. Bankruptcy Court for Northern California. The property was sold to SVA by the Topolos brothers in 2008. It also includes Corks Restaurant. According to the winery web site, […]
Screaming Eagle Founder Buys Pillar Rock Vineyard
Arlie Jean Phillips — who founded über-cult winery Screaming Eagle in 1986 — has purchased the 114-acre Pillar Rock Vineyard. The Stags Leap Appellation property includes an estate home, 22 acres of prize-winning vineyards, a vested winery permit and approval for caves. Specifics on price and other details about the property and purchase are available […]
Bankrupt Addamo Winery Gets Buyout Offer From Far-Eastern Oilman
Bankrupt Addamo Estate Vineyards of Santa Maria has filed a Chapter 11 reorganization plan that relies on a purchase offer from controversial oilman Randeep Grewal whose various petroleum companies have chronically run afoul of environmental regulations along the California Coast, most frequently in Santa Barbara County.The company is facing charges filed in U.S. District Court […]
 Also Sponsored by: |
Real Estate
Legacy Family Vineyard, Howell Mtn AVA – Ultra-Premium Organic Cab & Zin, Winery Potential, 2 residences. 33 acres + water.For more information, please click here to contact Robyn Bentley... April 14th, 2021BentleyAd-042121For more information, please click ad to contact Robyn Bentley... April 11th, 2021Winery and Vineyard Real Estate Market Rockin’ & Rollin’ in Southern Mendocino County and Northern Sonoma CountySpecial to Wine Industry Insight By Todd Sheppard, www.TEAMSHEP.com Disclosure: The author is a real estate agent... October 21st, 2019NEW REAL ESTATE COVERAGE: You’re only as far away from dirt as your next glass of wineGrowing up in a farming family, the household mantra to city folk was that, “You’re only as far... September 5th, 2017MORE REAL ESTATE |
|
|