Friday, March 22, 2019
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Afternoon Brief, March 20

How the Flooding Affected Sonoma’s 2019 Vintage: Northern California wineries and vineyards continue to clean up and dry out from the unusually heavy rainfall that hit in late February and caused some of the areas' worst floods in 20 years...

Afternoon Brief, March 7

After Floods, Sonoma County Wine Industry Tallies Losses: Last week, a series of powerful storms inundated Sonoma County, dumping 7 inches of rain in Sebastopol and as much as 20 inches in Venado, an unincorporated community in the hills between Guerneville and Healdsburg, all in the span of just 48 hours...

Afternoon Brief, February 28

The Changing Face of Luxury Wine: Given current economic conditions, the high rollers seem to keep wining across the globe. Given the ever-higher stakes for luxury products across the world, there continues to be greater interest in luxury wines across all price points. However, surprisingly, there is still very little ...

Afternoon Brief, February 26

Wine.com Corners the Premium Market: While retailers and current industry research are lamenting that the wine business has lost the lucrative interest of the millennial consumer, Wine.com executives beg to differ ...

Afternoon Brief, February 14

Treasury Wine Sees Revenue Jump 13% in First Half: Treasury Wine Estates (TWE) has revealed a strong set of numbers for its fiscal first half ended in December. Overall, the company posted a 13% revenue rise at constant currency to A$1.5 billion ($1.1b), while EBITS leapt 18% to A$338 million ($240m) ...

Afternoon Brief, February 12

Napa County, Bremer Family Winery Reach Lawsuit Settlement: Napa County and Bremer Family Winery settled a lawsuit brought by the county against the winery over alleged permit and code violations, ending a dispute that called into question how the county interprets older use permits...

Afternoon Brief, February 8

Mt. Difficulty Sold to Foley Family Wines for $52M: A statement from the OIO last week said the purchase included about 70ha of freehold land and about 110ha of leasehold land at the Bannockburn vineyard. Mt. Difficulty is a medium-sized vineyard known for its Mt. Difficulty and Roaring Meg labels, and particularly its Pinot Noir and Riesling, produced by winemaker Matt Dicey...

Afternoon Brief, February 4

Should You Ignore What Your Customers Want? The Great Winemakers Do: Among French wines, Château Pétrus is legendary. Consumers pay over $1,000 for a single bottle. Talking with Christian Moueix, the owner and long-time winemaker of Pétrus, Kellogg's Gregory Carpenter asked an innocent question: When crafting a wine, how do you think about the consumer?

Afternoon Brief, January 21

US Government Shutdown Hits Wine Hard: The longest partial government shutdown in US history is a buzz-kill. And not just for the hundreds of thousands of federal workers who are missing their paychecks, but for the wine industry, which depends on a network of government entities to approve labels, imports and perform lab analysis...

Afternoon Brief, January 3

2019 U.S. Alcohol Consumption to Increase While Population Growth Stagnates: In an abstract titled, Alcohol Consumption in the United States: Past, Present, and Future Trends published in the Journal of Wine Economics Volume 13, Number 2, James Fogerty and Derby Voon examined ...

Afternoon Brief, December 28

Highs and Lows for Wineries: The South Okanagan wine industry had a tough time with smoke and the threat of fires this summer, but still managed to have a successful year with new events and wineries joining the scene...

Afternoon Brief, December 19

3-Tier Wine Symposium Announced: The Wine Industry Network (WIN) today announced the launch of the 3-Tier Wine Symposium, a one-day intensive educational conference focused on how to best navigate the evolving and complicated world of distributor relations along with how to capitalize on the opportunities that still exist in the wholesale channel ...

Afternoon Brief, December 12

Illinois Distributor's Massive Payout to TTB: As the Washington DC-based Alcohol and Tobacco Tax and Trade Bureau (TTB) ramps up its trade practice-enforcement investigations, more wholesalers are appearing on their radar for foul play and Tied House infractions...

Afternoon Brief, December 11

Holiday Horror Stories from the Land of Retail: When trouble strikes in retail, it's often during the holidays. The two-week period around Christmas and New Year's Eve is the biggest time of year for wine sales in the U.S...

Afternoon Brief, December 7

Gloomy Outlook for Smaller Wineries: Wine consumption in the US is leveling off, but wine prices continue to rise. Total visits to wineries dropped after California's wildfires and that part of the tourist industry hasn't recovered. Plus, a recession is looming ...