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Afternoon Brief, November 16th

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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...

DRINKS Announces Expansion of ‘The Wine Shop’ on Instacart Ahead of...

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Through The Wine Shop on the Instacart Marketplace, Customers in 39 states and Washington D.C. Now Can Have Wine Boxes Delivered Directly to Their...

When Will Big Beverage Alcohol Retailers Get Serious About eCommerce?

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The Important Question: Interview with DRINKS Co-Founder and CEO Zac Brandenberg

Former Walmart Exec Joins Drinks.com Amid Rapid Growth

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Hans Holmer hired as VP of Operations during unprecedented alcohol e-commerce adoption May 1, 2020, LOS ANGELES — Drinks Holdings, Inc. (drinks.com), operator of the...