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Afternoon Brief

Afternoon Brief, July 26th

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Farm Bureau Sponsored Wildfire Insurance Legislation Signed by Governor Newsom: This legislative victory will begin to address the lack of wildfire insurance coverage in Napa Valley and throughout California and will provide a necessary property insurance backstop for Napa County’s agricultural infrastructure

Afternoon Brief, July 23rd

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California Wine Sales Hit $40 Billion in 2020, Despite Pandemic: California wineries experienced an increase in sales by volume in 2020, with 240.3 million cases shipped within the United States, up 1% from the previous year, totaling an estimated retail value of $40 billion...

Afternoon Brief, July 22nd

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Wine Tourism will Rebound but Look Different, Experts Say: Analysts and trend forecasters have suggested a new Roaring Twenties will begin, marked by excess and extravagance. And while that may be true in some areas of society, it seems that many in the wine world won’t be so concerned with opulence...

Afternoon Brief, July 21st

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California Winery Owner Arrested Over Lobbying: He was friends with Donald Trump, Michael Jackson and Jeffrey Epstein, but now he is talking to the Feds...

Afternoon Brief, July 20th

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Vintage Wine Estate President, Terry Wheatley, Keynote Speaker for Wine & Weed Symposium 2021: In her keynote address, Wheatley promises, “There will definitely be some 100% not politically correct storytelling.”...

Afternoon Brief, July 19th

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Flooding Devastates Germany, Belgium and the Netherlands, Damaging Wineries in Ahr: More than 180 people are confirmed dead; Mosel vintners grapple with floodwaters while winemakers elsewhere organize relief efforts...

Afternoon Brief, July 16th

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Judge Advances Class Action Over ‘Mislabeled’ Wine: A California winemaker cannot dodge a class action claiming it used deceptive labels to give consumers a false impression that its pinot noir was made in a renowned Oregon wine region, a federal judge ruled Wednesday...

Afternoon Brief, July 15th

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Sonoma DA Files Civil Complaint Against Krasilsa Pacific Farms: A Sonoma County vintner faces thousands of dollars in fines over a series of alleged violations at a ranch in Alexander Valley, according to court records...

Afternoon Brief, July 14th

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Wine Consumption Surged in Select Markets in 2020 – But How Will Consumer Behaviour Change Going Forward?: Leaps in wine consumption do not often happen in mature markets, yet for some countries, such as Germany, Sweden, and the UK, wine consumption surged in 2020, reversing previous trends of long-term decline or static consumption...

Afternoon Brief, July 13th

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Head of Hong Kong Wine Merchant Major Cellar Arrested: Joseph Leung, who has just resigned from Hong Kong listed wine company Major Cellar as director, has been arrested by police for allegedly embezzling HKD 25 million (US$3.21 million) worth of fine wines and spirits from a client, Vino Joy News has exclusively learned...

Afternoon Brief, July 12th

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Washington Winery Sale Raises Questions: Chateau Ste Michelle has a huge impact on the Washington wine industry, so what lies ahead after its sale?..

Afternoon Brief, July 9th

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Altria Reaches Agreement to Sell Its Ste. Michelle Wine Estates Business: Altria Group, Inc. (Altria) today announced that its subsidiary, UST LLC, has entered into a definitive agreement to sell its Ste. Michelle Wine Estates (Ste. Michelle) business to Sycamore Partners Management, L.P., a private equity firm specializing in consumer, retail, and distribution investments (Sycamore Partners), in an all-cash transaction with a purchase price of approximately $1.2 billion and the assumption of certain Ste. Michelle liabilities (Transaction)...

Afternoon Brief, July 8th

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Allied Grape Growers, CAWG Release Legal Analysis on 2020 Winegrape Rejections: A report released today by Allied Grape Growers (AGG) and the California Association of Winegrape Growers (CAWG) analyzes various grape transactions in 2020 that resulted in rejections or severe price discounts due to alleged quality problems associated with wildfire smoke...

Afternoon Brief, July 7th

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US Wines Win International Acclaim at Decanter World Wine Awards 2021: Medal winners have been revealed in the biggest ever edition of the Decanter World Wine Awards, following two weeks of rigorous, Covid-secure judging in London, with US wineries claiming top awards...

Afternoon Brief, July 6th

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Delicato-Coppola Collaboration: Industry Implications: The wine world raised eyebrows when, on June 24, Francis Ford Coppola Winery announced its deal-in-progress to sell Sonoma County wine properties to Delicato Wines and take a seat on the company’s board...