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Home » Archives by category » Featured Articles (Page 79)

Schizo Vino Sales Showcase Upscale/Downscale Consumer Tastes

Off-premise table wines continued their schizophrenic sales behavior last month with boxes, followed by expensive wines taking the top sales increase positions, according to Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI) for the four-week period ending August 9, 2009 over the same period last year. Box wines selling for an average […]

August 26, 2009 | Filed under Featured Articles | Read More

Wine book to retail for more than $1Million

Extravagant British publisher Kraken Opus is currently working on a wine book wine that will retail for £640,000, (approximately US $1.12 million). The Wine Opus, an 850-page book, will feature the 100 best wineries in the world selected by a panel of as-yet-unnamed judges. Extravagantly thirsty purchasers will also get six bottles of wine from […]

August 25, 2009 | Filed under Featured Articles | Read More

Stevenot Scrambling To Avoid Liquidation, Has Purchase Offer From Distributor

Golden Eagle Estates, doing business as Stevenot Winery, is scrambling to avoid foreclosure and has filed a complicated reorganization plan which hinges upon the sale of the brand and existing inventory and the willingness of its primary secured creditor to allow continued operation at the current facility. A hearing is scheduled for 10:30 a.m., Sept. […]

August 18, 2009 | Filed under Featured Articles | Read More

EPR Looking for Buyer or Partner As VinREITs Get Hammered

The nation’s largest winery and vineyard sale/leaseback financier —  Entertainment Properties Trust (NYSE: EPR) — is being rocked by its clients’ poor performance and outright defaults according to its most recent 10-Q quarterly report filed with the Security and Exchange Commission. The result, multiple industry sources familiar with the situation have told Wine Industry Insight, […]

August 18, 2009 | Filed under Featured Articles | Read More

Judge Oks Foreclosure and Sale Notice For Conti Estate/Charles B. Mitchell

Conti Estate/Charles B. Mitchell Winery has moved a step closer to sale or liquidation with the Bankruptcy Court’s approval to record notices of foreclosure and sale. U.S. Bankruptcy Judge Michael S. McManus approved the Bank of Alameda’s request to record  a notice of sale for the real property and a foreclosure sale of the personal […]

August 13, 2009 | Filed under Featured Articles | Read More

High-End Wines Continue Dramatic Off-Premise Gains

High-end wines have continued their off-premise gains, garnering six of the top 10 sales spots, according to Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI) for the four-week period ending July 12, 2009 over the same period last year. By contrast, the ten worst performing categories included only two in the $20+ […]

August 13, 2009 | Filed under Featured Articles | Read More

Havens Wine Cellars For Sale After Billington Defaults on Lease

Napa Valley’s Havens Wine Cellars, is for sale after its current owner —  Billington Imports  — defaulted on its lease terms to Entertainment Properties Trust (NYSE: EPR). Billington has been in default on the winery property for more than two months. A spokesman for VinReit — a unit of EPR — said Billington is being […]

August 6, 2009 | Filed under Featured Articles | Read More

Carneros Vintners Struggles To Get Custom Crush Facility Ready for 2009 Harvest

Carneros Vintners is struggling to get its million-gallon custom crush facility in Sonoma ready for the 2009 harvest. But spring rains and a raft of yet-to-be-approved building and regulatory permits make that less likely with each passing day. Crush started the first week of August in 2008, but cooler-than-average temperatures should make 2009 a more […]

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

81 of Largest 100 Brands Stagnant or Losing Market Share – Winners and Losers For June/July

Eighty-one of the Top 100 wine brands have either stagnated or lost market share according to Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI)  for the four-week period ending June 14, 2009 over the same period last year.Stagnation is defined as a share gain of less than one-half of one percent. VIP […]

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

Disappearing Restaurants = Vanishing Fine Wine Sales?

The disappearance of thousands of restaurants could offer one possible explanation for the on-premise drop in fine wine sales, according to Susan Kleutsch, director of product development-foodservice at The NPD Group which tracks sales across a wide variety of consumer industries. VIP Subscribers click here to read complete, un-redacted article. While wines selling for more […]

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