Tag: Dimension Funding
Afternoon Brief, March 7th
Coravin and the Fight against Wine Fraud: Coravin got a mention in a story about disappearing wine this week, but it's usually on the side of the angels...
Afternoon Brief, February 6th
WineVit State of the Industry Session Looks at National Challenges to Wine Consumption and Local Opportunities for Growth: U.S. wine sales down 9 percent in 2023. Twenty million gallons of oversupply. Gen Z only drinking 9 percent of wine. Fifty-two percent of young consumers believe drinking alcohol is bad for their health...
Afternoon Brief, January 23rd
Why Sokol Blosser Is Adding an Ingredients List to Its Wine Labels: Generally speaking, the wine industry has long resisted putting an ingredients list on wine labels...
Afternoon Brief, December 14th
Winemaker Mike Grgich, Who Grabbed Worldwide Attention with His Napa Chardonnay, Dies at 100: After emigrating from Croatia, the winemaker worked at top Napa cellars like Beaulieu Vineyard, Chateau Montelena and Robert Mondavi Winery before founding his own winery...
Afternoon Brief, November 16th
The Duckhorn Portfolio Announces an Agreement to Acquire Sonoma-Cutrer Vineyards: The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation (“Brown-Forman”), for approximately $400 million to be paid in a combination of Company stock and cash...
Afternoon Brief, October 18th
A New Report Sheds Light on Millennial and Gen Z Drinking Behaviors: Where have all the younger drinkers gone? It’s the question that everyone who works with beverage alcohol has been asking themselves...
Afternoon Brief, September 20th
2023 Sonoma County Wine Auction Raises Over $1.3 Million for Sonoma County Nonprofits: The 2023 SCWA was held at the breathtaking La Crema Estate at Saralee’s Vineyard on September 16, 2023. Since the auction’s inception more than $41 million has been raised, directly benefiting Sonoma County community members in need...
Afternoon Brief, August 14th
Maui Wildfires Kill Dozens and Devastate Communities and Hospitality Businesses: The historic town of Lahaina, popular with tourists, has lost hundreds of buildings, including restaurants like Fleetwood's on Front St., owned by musician Mick Fleetwood...
Afternoon Brief, June 7th
Pix Poised to Re-Emerge Despite Legal and Financial Challenges: Paul Mabray started Pix in late 2020 and launched it the following year. The company cut most all its writers and editors in August 2022 after a round of funding didn’t materialize, but next week a customer-focused website portal for vintners and retailers called Pix Business is set for rollout...
