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Home » Archives by category » Daily Data (Page 226)

Foley Wine Group Starts Lay-Offs At Sebastiani

Foley Wine Group is laying off an undetermined number of non-union employees and middle-managers, according to numerous phone calls and emails to Wine Industry Insider. A call from one laid-off employee said there were “lots of lay-offs”. The employee did not want to be identified for fear it would hurt chances of getting a job […]

January 27, 2009 | Filed under Daily Data | Read More

Copia Settles Sexual Harassment Lawsuit

U.S. Bankruptcy Court Judge Alan Jaroslovsky will allow Copia’s liability insurance company to pay a $250,000 settlement ending a sexual harassment lawsuit. According to court documents, former Copia employee Crystal Tynan alleged that she had been harassed by Copia’s former Director of Operations Art Ferretti. Tynan had filed suit in Napa County Superior Court and […]

January 27, 2009 | Filed under Daily Data | Read More

Is Cecchetti Merger Racke’s U.S. End Game?

Racke USA, which has struggled for more than two decades to find significant traction in the U.S. market, has merged with the brains and brawn behind the hot-selling Pepperwood Grove brand, Roy Cecchetti. Once best known as the owner of Sonoma’s venerable Buena Vista Winery, Racke has now merged its remaining U.S. operations into a […]

January 21, 2009 | Filed under Daily Data,Uncategorized | Read More

Holiday 2008-2009 Champagne Sales Plummet

Champagne and sparking wines left smoking craters in cash registers during the 2008-2009 holiday season. Data from Information Resources Inc, covering the four week period ending January 4, 2009, show domestic sparklers falling by almost 15 percent and imports plummeting nearly 27 percent over the same period a year ago. LOSERS AT EVERY PRICE POINT […]

January 19, 2009 | Filed under Daily Data | Read More

Carneros Vintners Part 1: Unconventional Financing, Creativity & Challenges Offer Significant Lessons

A close look at Carneros Vintners’ new 3-million-gallon, custom-crush facility in southern Sonoma County reveals a fascinating account of creativity, unconventional financing from a publicly traded company, and unique site challenges, all of which hold significant lessons for the industry. LAND, PERMIT, FINANCING DOMINOS FALL INTO PLACE Wine Industry Insight’s in-depth examination shows that when […]

January 14, 2009 | Filed under Daily Data | Read More

UPDATE: Stevenot Owes $5.75 Million To Deed Holder

Stevenot Winery’s hurried Chapter 11 filing (see previous story) was precipitated by a foreclosure sale scheduled by Santa Rosa’s Bay Sierra Financial, Inc., which holds first trust deeds on the winery and adjacent vineyard. According to Bay Sierra’s John Graziano, Stevenot owes $2,470,000 on the deed for the winery and $3,282,500 on the adjacent vineyard. […]

January 12, 2009 | Filed under Daily Data | Read More

Stevenot Files Ch. 11 For Second Time

Faced with a foreclosure sale scheduled for today, troubled Stevenot Winery filed for Chapter 11 reorganization on Friday, Jan. 9, in U.S. Bankruptcy Court for the Central District of California, in Sacramento. Under previous ownership, the Murphys, CA winery had filed for Chapter 11 on January 24, 2005 and emerged from that proceeding June 21, […]

January 12, 2009 | Filed under Daily Data | Read More

Windsor Winery Woes: Harbinger of Hard Times?

This week’s layoff of 16 workers (9% of total) by Sonoma County vintner Windsor Vineyards highlights the dramatic downshift in consumer wine purchases that wineries and retailers have known for months. Consumer reluctance to buy high-end wines was cited as the reason for the layoff. CONSUMER DOWNSHIFT INTENSIFYING Analysis by Wine Industry Insight of data […]

January 8, 2009 | Filed under Daily Data | Read More

Data Indicates Lowering Prices Is NOT The Path To Profits

It’s been well-known for months that wine consumers are shopping down in price points, but solid data shows that cutting prices could only make things worse. Wine Industry Insight‘s analysis of data provided by Information Resources Inc. (IRI), reveals a substantial group of wine companies who have raised prices, shipped fewer bottles and by doing […]

January 7, 2009 | Filed under Daily Data | Read More

Gallo’s Proposed Boundaries For Expanded Russian River Valley AVA Violate Federal Regulations

E&J Gallo’s proposed boundaries for an expanded Russian River Valley AVA violate federal regulations, according to a Wine Industry Insight investigation based on TTB documents, on-site topological examinations, Google Street Views, U.S. Geological Survey maps and numerous other documents and sources. Regulations issued by the Alcohol and Tobacco Tax and Trade Bureau (TTB) require petitioners […]

December 18, 2008 | Filed under Daily Data | Read More