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Afternoon Brief

Afternoon Brief, January 22nd

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The 2020 Wildfires Could Cost California’s Wine Industry $3.7 Billion — but It Doesn’t Have to Be That Way: An early estimate of what last year’s disasters may have cost, in this week’s Drinking with Esther newsletter...

Afternoon Brief, January 21st

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North Coast Wine Business Will Feel Effect of the Pandemic for Some Time, Expert Says: While the second half of this year is expected to much better for the North Coast wine business as restaurants and tasting rooms reopen with greater vaccine distribution, the coronavirus pandemic is going to have longer-term impacts on the industry than economic and natural disasters in the past three decades, a key industry analyst said this week...

Afternoon Brief, January 20th

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Coalition of Bay Area Restaurants and Wineries Files Lawsuit Against Governor Newsom for Harmful "Arbitrary and Irrational" Outdoor Dining Ban: The Wine Country Coalition for Safe Reopening (the "Coalition") announced today its filing of a lawsuit against Governor Gavin Newsom and California State Public Health Officer Tomás J. Aragón alleging that the state's ban on outdoor dining and wine tasting is arbitrary, irrational, and unfair...

Afternoon Brief, January 19th

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Predicting Higher Demand for Wine in 2021: At the end of Prohibition in the U.S. the consumption of wine as measured, slowly grew until war was declared in 1941 and rationing took over everyday lives...

Afternoon Brief, January 18th

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How the Alcohol Industry Landscape Changed: From channel shifts to changing regulations, this is how 2020 changed the alcohol landscape — and how those effects will persist into 2021...

Afternoon Brief, January 15th

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After Disastrous 2020, Sonoma County Grape Growers Face a Hopeful, Uncertain Harvest: After a disastrous 2020, Sonoma County grape growers should find a stronger appetite for their crops this year, though there’s still uncertainty, a top wine industry analyst said Thursday...

Afternoon Brief, January 14th

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Sonoma County Winegrowers to Launch U.S. Wine Industry’s First Innovation Accelerator: Due to the ongoing pandemic, Sonoma County winegrowers gathered around their laptops and computer screens to review the organization’s efforts last year and learn about the future direction from the Sonoma County Winegrowers’ president, Karissa Kruse, as the 30st annual Dollars and $ense Seminar and Trade Show went virtual for the first time Thursday morning...

Afternoon Brief, January 13th

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Silicon Valley Bank Predicts the Wine Industry Will See a Spike in Demand When Consumers Celebrate Postponed Life Events in 2021: Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today released its 2021 State of the Wine Industry Report...

Afternoon Brief, January 12th

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Constellation Brands Completes Series of Transactions to Premiumize Portfolio with Sale of Paul Masson Grande Amber Brandy to Sazerac: Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has closed its sale of the Paul Masson Grande Amber Brandy brand, related inventory, and interests in certain contracts to Sazerac for approximately $265 million, subject to certain post-closing adjustments...

Afternoon Brief, January 11th

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Wine's Bubble Yet to Burst: After a surprisingly good year for the wine industry, what comes next..?

Afternoon Brief, January 8th

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Wine Institute Reiterates Support for Elimination of Wine Tariffs: One year ago, Wine Institute joined with Comité Européen des Entreprises Vins (CEEV) to call for the complete removal of all tariffs on wine (“zero for zero”) and to reiterate the universal industry support for the “wine for wine” principle...

Afternoon Brief, January 7th

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Gallo Set to Dominate the Bargain Basement: Monopolies should be feared; sometimes not for the obvious reasons...

Afternoon Brief, January 6th

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Completion of $810 Million Gallo-Constellation Wine Portfolio Deal Should Stabilize Grape, Distribution Networks: It’s a key milestone in Constellation’s multiyear move toward a more upscale portfolio, while it gives Gallo more wines in the under-$11-a-bottle category and additional wineries in which to make them...

Afternoon Brief, January 5th

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E. & J. Gallo Winery Completes Acquisition of More Than 30 Brands from Constellation: E. & J. Gallo Winery (Gallo) today announced that it has completed the acquisition of more than 30 wine brands from Constellation Brands, Inc...

Afternoon Brief, January 4th

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Mondavi’s Judd Wallenbrock Predicts a Premium Year in 2021: It’s apparent in speaking with Judd Wallenbrock, CEO of C. Mondavi & Family (parent company to Charles Krug), that he is highly optimistic about the future of wine in 2021...