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Wine Opinions’ new study of wine consumers and members of the U.S. wine trade offers a stunning statistical confirmation of the “trading down” phenomenon and provides a detailed analysis of how badly the recession has battered even the most loyal wine drinkers. More surprisingly, the survey shows that shifting preferences have pushed napa out of […]
The Federal Trade Commission’s new guide on disclosure of potential conflicts of interest for bloggers has staked out a position on the increasingly steep slippery slope of journalistic ethics. However, it may not affect the wine industry as severely as others. DOUBLE-STANDARD GUIDELINE HOLDS BOTH BLOGGERS AND COMPANIES LIABLE In brief, the new guidelines say […]
Charles B. Mitchell purchased the Charles B. Mitchell Vineyards & Winery in a foreclosure sale from the Bank of Alameda for $1.125 million according to records filed on Sept 30 with El Dorado County. Sources said that Mitchell paid “about $500,000” for the wine inventory as well as winemaking fixtures and other personal property. The […]
Table wine sales continued to grow in August, but at a slower pace than the previous four-week period. Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI) showed that overall table wine sales grew 3.5 percent for the four-week period ending September 6, 2009 over the same period last year. This is down […]
U.S. sparkling wine sales increased 6 percent in August, slightly lower than their 7.4 percent sales gain in July, according to Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI). The data, covering the four-week period ending September 6, 2009 over the same period last year also showed that imports fell 0.9 percent, […]
Editor’s Note: Despite angry private denials and a blistering voicemail left for Wine Industry Insight by Havens General Manager Phil Manno, the by Billington Imports now admits the winery on a fast track to liquidation, as evidenced by the following news release received a few minutes ago. WII will have more information as we follow […]
Lewis G. Carpenter, Jr., owner of Carpenter Ranches of St. Helena has sued Cosentino Winery in Napa County Superior Court for more than half a million dollars he says is still owed for wine grapes from 2008. Cosentino’s court papers, “denies each and every allegation.” A hearing has been scheduled for Oct. 20. VIP Subscribers […]
Napa Valley’s Diamond Oaks Vineyards has filed for Chapter 11 Bankruptcy protection. In addition, two other firms also owned by Dinesh Maniar: SF-based Montgomery Realty Group and Southland Thoroughbred Farms in Riverside County have filed separate Chapter 11 filings, all in the U.S. Bankruptcy Court for the Northern District of California. Court files do not […]
Inertia Beverage Group has launched a live beta of CollectiveVine.com, a direct-to-consumer web site designed, according to CEO Ted Jansen, “to aggregate the broadest selection of high quality, limited production wines on the web.” In an email updated to IBG clients, Jansen said that CollectiveVine.com is designed to “provide wineries with the ability to market […]
A Notice of Trustee’s Sale, filed with San Joaquin County, has set an auction sale for Copperford LLC’s real estate — including the Olde Lockeford Winery — at 12470 Locke Rd., Lockeford. The sale, on behalf of lienholder J. W. Scott, is scheduled for 11 a.m., Sept. 24 at the San Joaquin County Courthouse. The […]