Tag: Constellation Brands
Afternoon Brief, July 22
New Sources of Revenue for Winery Associations Up for Debate: As historic funding sources dry up and impact marketing budgets, vintner associations look to new ideas to increase revenue. Business Improvement Districts (BID) for the wine industry may be the answer, but change always comes with growing pains...
Afternoon Brief, July 19
Gallo Deal Delay Impacts Growers: In April, Constellation struck a $1.7 billion deal to sell 30 wine brands to Gallo, upending the cheap wine market in the US. But the deal has not been approved by federal regulators, leaving some grape farmers unsure what will happen with this year's crop ...
Afternoon Brief, July 2
'To-Kalon' Napa Valley Trademark Case Against Constellation Brands Gets Amended: An Oakville-based vintner filed an amended complaint late Monday in a trademark case against beverage giant Constellation brands over the right to use the historic To-Kalon name ...
Afternoon Brief, June 27
US Supreme Court Ruling Should Boost Digital Wine Sales: A U.S. Supreme Court ruling issued Wednesday has the potential to open digital wine sales to more states across the country. The court in a 7-to-2 decision struck down a Tennessee law that required wine retailers to live in the state for two years before they could apply for a permit to sell alcohol...
Afternoon Brief, June 26
U.S. Supreme Court Strikes Down Tennessee Residency Law; Opens Door for National Wine Retailer Shipping Challenges: Seven of the justices delivered a strong defense of the Constitution's Commerce Clause in the face of discriminatory state alcohol regulations...
Afternoon Brief, June 24
California's 2017 Vintage Feels the Burn: Whenever dozens of people die in a natural disaster, it feels unseemly to discuss the manner in which it affects sectors of the luxury industry. And yet, it's inevitable...
Afternoon Brief, June 20
How Nomadic Winemakers Are Fueling Creativity Through Independence: If you ask Oregon winemaker Seth Morgen Long what his plans are for his young eponymous Chardonnay-only label, hell tell you his focus is on understanding the regions vineyards ...
Afternoon Brief, May 29
Fire, Smoke Damages Windsor Winery Warehouse, 300 Barrels of Wine: Fire Tuesday night sparked by staining rags badly damaged a Windsor winery warehouse and some 300 barrels of wine, according to a Sonoma County Fire District official. The Hillview Road fire at Notre Vue Estate Winery and Vineyard...
Afternoon Brief, May 28
Purple Wine + Spirits Seeks Sizable Change to West Sonoma County Winery: At a time when a number of North Coast vintners have been trying to get permission to expand how much wine they can produce, Purple Wine + Spirits wants to dramatically reduce the number of bottles and trucks that roll out of its large west Sonoma County winery...
Afternoon Brief, May 21
E & J Gallo-Constellation Transaction May Not Close Until Second Half: The $1.7 billion deal between Constellation Brands and E&J Gallo Winery may not be completed until the second half of calendar year 2019 instead of by the end of May, according to regulatory documents...
Afternoon Brief, May 8
Walla Walla Prison Project Nears Start Date - The co-owner of Walla Walla Vineyard Management told the drinks business that after final approval was granted, he intended to plant two hectares of Cabernet Sauvignon, Syrah and Malbec on a southeastern block of the prisons land in March 2020 ...
Afternoon Brief, April 26
‘End of an Era’: Sonoma’s Ravenswood Tasting Room to Close: Longtime winemaker and founder of Ravenswood Winery Joel Peterson was packing up his office at Ravenswood when reached by phone on Thursday. He confirmed that rumors were true - the winerys Gehricke Road tasting room would be closing its doors next month after almost 30 years ...
Afternoon Brief, April 8
Is Gallo Saving the Wine Industry? - Last week, E. & J. Gallo and Constellation Brands closed the deal for Gallo to purchase 30 of Constellations lower-end wine brands for $1.7 Billion ...
Is Gallo Saving the Wine Industry?
Betting on high-margin and high-growth sounds like a winning strategy, and Constellation’s stock rose on the morning after the announcement. But if Constellation was so eager to get rid of these brands, and consumer trends point toward premiumization, why would Gallo want to buy them?
Afternoon Brief, April 5
How Jackson Family Wines’ Top Brass in Oregon Is Shaping the Willamette Valley’s Future: With Eugenia Keegan at the helm in Oregon, JFW is guiding the valley's evolution into an elite, luxury region. In return, the valley is doing the same for JFW...
