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SUMMARY OF GRAPE TONNAGES AND PRICES The 2010 crush totaled 3,980,229 tons, down 3 percent from the 2009 crush of 4,095,297 tons. Red wine varieties accounted for the largest share of all grapes crushed, at 2,047,766 tons, down 1 percent from 2009. The 2010 white wine variety crush totaled 1,535,133 tons, down 6 percent from […]
The Market Enforcement Branch of the California Department of Food & Agriculture is investigating verified complaints or has revoked, denied licenses or taken other action against 12 California wineries. Please visit this Wine Industry Insight article for more information about the MEB and its role. Wine Executive News Subscribers (formerly VIP Premium Content) please click […]
Everybody in today’s wine industry talks Millennials, but few companies have positioned themselves better to capitalize on this 75-million-strong demographic than The Wine Group (TWG). What’s more, Wine Group CEO David Kent indicates that his company may have the industry’s firmest grip — not just on Millennials — but on generational marketing as a whole. […]
The future may not be so bright you’ve gotta wear shades, but it looks a lot better than it has for a long time according to this complete Powerpoint from Nat DiBuduo, President & CEO of Allied Grape Growers presented at the 2011 Unified Wine and Grape Symposium in Sacramento.
Tax authorities, the Federal Bankruptcy Trustee and one former New Vine exec will be the only recipients of cash from the well-picked bones of the direct shipping company taken over by Inertia Beverage Group in a no-bid auction in July 2009. VIP Subscribers (now called Wine Executive News) click here to read the complete, un-redacted […]
The VIP premium content section of Wine Industry Insight has now become Wine Executive News. The change has resulted from two rewarding years of working with both our free (News Fetch) and premium subscribers. Because our premium subscribers are — with few exceptions — winery owners, top wine company and industry supplier executives, financial movers/shakers, […]
LICENSE TRANSFER Bankruptcy Judge Alan Jaroslovsky (Eastern District of California) approved on Jan. 14, the sale of Cosentino Winery’s California liquor license (#396215 ) to Vintage Wine Estates for $10,000. The transfer to VWE had not been recorded by the California ABC as of the writing of this article. Click here to check current status. […]
2010 global exports are improving for most countries over 2009, but exchange rates will continue to be a problem, according to the Rabobank Global Wine Quarterly Report for Q4 2010 (pdf). BRIEF OVERALL STUDY HIGHLIGHTS France, Italy, Spain, the US, Chile and Argentina all registered substantial increases in export volumes. The one exception appears to […]
Mark Gendron, who founded Templeton Gap winery JanKris Vineyards in 1990 then lost it to bankruptcy in 2005, has filed for personal bankruptcy in U.S. Bankruptcy Court for the Eastern District of California. VIP Subscribers click here to read the complete article. The full text of this article is available to VIP Premium Subscribers).
Napa Valley’s Cosentino Winery should be back in business and the tasting room re-opened to the public by the end of January, according to multiple sources involved with the operation. As previously reported, Santa Rosa, CA-based Vintage Wine Estates (VWE) purchased the Yountville winery from Physicians Reciprocal Trust after PRI took it back in a […]