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Home » Archives by category » Featured Articles (Page 76)

The Saint James Company Acquires Sapphire Wines

SANTA MONICA, Calif., Nov. 5 /PRNewswire-FirstCall/ — The Saint James Company (OTC Bulletin Board: STJC – News), announces today that it has acquired Sapphire Wines, LLC, owner of the Eos Estate Winery and Vineyards in Paso Robles, California. Sapphire Wines was formed in 2007 with the acquisition of the Eos Estate Winery, an award-winning winery […]

November 5, 2009 | Filed under Featured Articles | Read More

Imports Lag, But Wine Sales Climb 3.5% On Strong Domestic Sales

Total wine sales in the United States rose 3.5 percent for the 52-week period ending Oct. 17, according to data from The Nielsen Company. The increase was more modest for the four-week period ending Oct. 17, with an overall gain of 2.3 percent. VIP Subscribers please click here for clear, full-sized image DOMESTIC WINES SURGE, […]

November 4, 2009 | Filed under Featured Articles | Read More

Bankruptcy Update – Conti, Stevenot, Mobius

VIP Subscribers click here to read the complete, un-redacted article. In This Article: The full text of the following sections is available to VIP Premium Subscribers). WINERY DISPOSITION/MOBIUS PAINTER: KEN WILSON OUT, NEW BUYER IN Click Here For Previous Wine Industry Insight Reporting On Mobius Painter CONTI: HEARING SCHEDULED ON LIQUIDATION Click Here For Previous […]

November 4, 2009 | Filed under Featured Articles | Read More

On-Premise Recession = Wine Depression

While off-premise wine sales have suffered from the recession, on-premise consumption has ben hammered by a full-blown depression. This is likely to continue for another year, according to data from Nielsen, along with two, on-premise data specialists: Technomics and GuestMetrics Nielsen believes that this means the upcoming holiday season will see a surge in at-home […]

November 4, 2009 | Filed under Featured Articles | Read More

New Vine Liquidation – The Final Act For Amazon’s Biggest Direct-Shipping Victim

The biggest victim of Amazon’s dithering and ultimate desertion of its “partners” in the direct wine shipping business is now set to have its day in court with the filing of Chapter 7 bankruptcy liquidation papers ( available here for VIP Premium Content Subscribers). New Vine Logistics slammed the doors and headed for the hills […]

October 29, 2009 | Filed under Featured Articles | Read More

New Vine Files For Chapt 7 Liquidation

New Vine Logistics has filed for Chapter 7 liquidation in the U.S. Bankruptcy County for the Northern District of California. The filing was made Oct. 23 — the same day that Wine Industry Insight reported Amazon’s sudden silent abandonment of its online wine sales partners.Amazon has made no comment on its abrupt departure. However, the […]

October 29, 2009 | Filed under Featured Articles | Read More

AMAZON PULLS PLUG ON WINE?

While Amazon has not officially confirmed its exit from the field of direct wine sales, numerous executives in the wine trade received an email this afternoon informing them of their exit. The email, obtained by Wine Industry Insight and reprinted below, was sent by Dini V. Rao, Amazon’s Senior Account Manager for Business Development – […]

October 23, 2009 | Filed under Featured Articles | Read More

Renwood Winery Parent Companies File Chapter 11

Recession-induced changes in bank behavior — with bailed-out institutions lending less and paying big exec bonuses — have tripped up a prominent player in Amador County’s Zinfandel movement according to Robert I. Sterling, founder and Chairman of Renwood Winery Inc. whose two parent companies have filed Chapter 11. TROUBLES BEGAN WITH SURPRISE FINANCIER CHANGE Smerling, […]

October 22, 2009 | Filed under Featured Articles | Read More

Custom Crushers Get Creative To Help Growers Survive

Call it trickle down disaster: Recession-battered consumers have traded down and abandoned most anything over $20 per bottle. That left wholesalers, wineries and retailers stuck with inventory that left them no choice but to discount. And with only a few exceptions, the higher the price, the bigger the mark-down. VIP Subscribers click here to read […]

October 15, 2009 | Filed under Featured Articles,News Briefs | Read More

WII’ve Changed A Bit

We’ve been coding and working behind the scenes to improve Wine Industry Insight based on your suggestions, our growth and as a response to market conditions. ADVERTISING MIX One of the most visible changes lately is a shift in the types of companies advertising.  Visitors to wineindustryinsight.com are seeing a lot more business- and executive-oriented […]

October 15, 2009 | Filed under Featured Articles | Read More