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Update On Ascentia’s Gary Farrell Winery Sale
An update on Ascentia’s Gary Farrell Winery sale is available to Wine Executive News subscribers who can click here to read the update. Not a Wine Executive News subscriber yet? Subscribe to Wine Executive News now, and get the rest of this original article along with everything else on the site every day, including original […]
Ascentia’s Farrell & Buena Vista Sales: More Than Meets The Eye (And Less)
The late April sales of Gary Farrell Winery and Buena Vista Winery by Ascentia Wine Estates hold more than meets the eye … and less. Wine Industry Insight’s interviews with informed sources and examination of both public and private documents reveals one of those sale prices is widely at odds with some of the public […]
Metro Premium Wines Sues Bogle, Winebow
Metro Premium Wines has sued Bogle Vineyards and Winebow, charging them with ten counts including breach of contract, fraud, and conspiracy. The lawsuit, originally filed in Cook County (Chicago) Circuit Court, has been transferred to federal court for the Northern District of Illinois, Eastern Division. Wine Executive News subscribers please click here to read the […]
Nielsen: Wine Sales Gain At the Expense of Discounting, Aussies Buried By Their Own Dollar
High-end wines continued their dominance of off-premise sales gains, according to scanner data from The Nielsen Company for the 52-week period ending April 2, 2011. Most gains, however, came at the expense of price discounts. Overall wine sales were up 3.2% with U.S. wines gaining 4.8 % and imports down 0.4 %. Spreadsheets and Nielsen […]
Boisset Family Estates Buys Buena Vista Carneros
NEWS RELEASE April 29, 2011 – St. Helena, CA: Boisset Family Estates, bolstered by its constant search for heritage, tradition and its deep commitment to California’s unique place in the wine world, today announces that addition of Buena Vista Carneros to its collection of wineries. Through Buena Vista, Boisset reaffirms its well-established commitment to historical […]
Chappellet Acquires Sonoma-Loeb Wines
NEWS RELEASE NAPA VALLEY, California – April 28, 2011 – Chappellet Vineyard & Winery has acquired Sonoma County-based Sonoma-Loeb wines. Sonoma-Loeb was founded by Ambassador John L. Loeb Jr., who began growing grapes in the Russian Riverbend and Alexander Valley regions of Sonoma County in 1973. Sonoma-Loeb produces an acclaimed portfolio of wines that includes […]
Gary Farrell Winery Sold To Vincraft Group
NEWS RELEASE April 28, 2011 — Sonoma, CA — The Vincraft Group, a Sonoma-based wine company, announced today that it has purchased pioneering Russian River Valley Pinot Noir producer Gary Farrell Winery from Ascentia Wine Estates. (Editor’s Note: This is the acquisition Wine Industry Insight wrote about in its March 6 article: The Buena Vista […]
Silicon Valley Bank Projects Bright Wine Future in 2011-2012 Report
Silicon Valley Bank (SVB) is projecting a bright future for the wine industry in its 2011-2012 “State of the Wine Industry” report presented online April 27 by Rob McMillan, Executive Vice President & Founder, SVB Wine Division. Also speaking at the seminar was Vintank Chief Strategy Officer Paul Mabray, who offer the gathering his perspective […]
Chinese Investors Buy Into Napa Valley
Chinese investors have made international headlines over the past year buying chateaux in France along with vineyards and wineries in Australia and New Zealand. Now a Chinese investment group has purchased Napa Valley’s Frazier Winery along with vineyards, land and an adjacent estate home. The sale was purchased out of three interrelated Chapter 11 bankruptcy […]
JESS JACKSON DIES
UPDATED INFO (NEWEST AT TOP) Kendall-Jackson winery owner Jess Jackson dies at 81 Jess Stonestreet Jackson Obituary From BloodHorse.Com: Owner Jess Jackson Dies at Age 81 KJ Blog Wine Icon Jess Stonestreet Jackson Passes Away ORIGINAL ARTICLE (DRAFTED 6:07 A.M.) Jess Jackson has died. Details from the company and family are not yet available. Multiple […]
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