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Nielsen: $10 Wines Lead Off-Premise Sales Amid Modest Price Cuts
Led by modest price cutting across all but the cheapest wines, wines costing just over $10 per 750ml, topped the off-premise sales gains dethroning over $20 per bottle wines which dropped to the number two position after leading the pack for most of this year. According to scanner data from The Nielsen Company for the […]
Eos Estate Shareholder Iron Eagle Files Late Again on 10K Annual Report
The Iron Eagle Group (OTC: IEAG) has filed a notice with the Securities and Exchange Commission that it will be late filing its 10K Annual report. The company was almost four months late with its first 10K and has averaged a week late on its 10Q quarterly reports. According to IEAG’s Sept. 28 SEC filing […]
Cosentino Winery: New $147K IRS Lien, $511K Court Levy, Possible Cellar Gear Repo
Napa Valley’s Beleaguered Cosentino Winery has been hit with: A $146,755.64 IRS tax lien, A judgment for $511,308.75 issued by Orange County (Calif.) Superior Court Judge Geoffrey T. Glass, The imminent repossession of an extensive list of leased cellar and winemaking equipment including barrels, pumps, destemmer/crusher, cooling, washing and other equipment. Premium VIP subscribers access […]
Troubled Eos Winery Looking At Buyouts For Survival
Financially distressed Eos Estate Winery has sorted through at least half a dozen buyout offers and — as this article was being written — may have settled on one being arranged by Joel A. “Jake” Shapiro, the former head of the now-bankrupt 360 Global Wine Company, this according to multiple high-level investment sources, court documents, […]
ARTESA: An Example of How Vineyards Threaten Redwood Forests and Native American History
By Peter R. Schmidt Peter Schmidt is a graduate of Santa Rosa High School. In 1960, he assisted Essie Parrish, the then leader and famous healer of the Pomo to repair the Round House at Kashia Rancheria East of Stewarts Point. He is Professor of Anthropology and Archaeology at the University of Florida as well […]
Little Orphan Winery: For Sale (Again! Still!)
Running through more tomorrows than Little Orphan Annie, Mobius-Painter Vineyard and Winery is for sale yet again. This after investor infighting and buyer equivocation sent two potential buyers heading for the hills, one of them leaving $300,000 on the table. On its face, the 15-acre parcel of vacant land — owned by the Winery Disposition […]
Higher Priced Wines Dominate Off-Premise
Again led by wines selling for more than $20 per 750ml, the four most expensive on-premise price segments all made substantial gains for the four-week period ending August 21 according to scanner data from The Nielsen Company. Overall sales were up 4.3 percent with U.S. wines gaining 5.2 percent and imports up 2.1 percent. PRICE […]
Wine Group Sues Diageo Over Wine-Based Tea
The Wine Group (TWG) of Ripon, Calif., has sued Diageo PLC in U.S. District Court for the Northern District of California, alleging trademark infringement over Savannah Tea, a sweet, alcohol-spiked, iced-tea drink. Diageo has until September 22 to respond to TWG’s complaint. VIP Subscribers click here to read the complete article. Full TWG Legal Filing […]
Clos Mimi Loses License To Buy Wine Grapes
Clos Mimi LLC, parent company of Clos Mimi Winery in Santa Maria, has lost its producers license following action by the Market Enforcement Branch of The California Department of Food and Agriculture. The action was part of the MEB’s July, 2010 enforcement actions. The action means that Clos Mimi Winery cannot legally buy winegrapes from […]
Cosentino Financing Fails, Will Cease Custom Crush
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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 |
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