Tag: SevenFifty
Afternoon Brief, June 14th
Global Bulk Wine Trade Is Increasing in Value: It Grew by More Than €130 Million in 2022: It exceeded 2.67 billion euros, at an average price of 78 €/hl (+13.3%). The volume exported fell by 7.2% to 34.2 million hl (-2.64 million hl), in a year of great commercial uncertainty and high inflation, in which only the volume of sparkling wines increased...
Afternoon Brief, June 12th
Shafer Acquires ‘World Class’ Napa Vineyard: California’s Shafer Vineyards has supercharged its Cabernet Sauvignon offering with its latest purchase, a vineyard in Napa’s Atlas Peak AVA...
Afternoon Brief, June 9th
After the Fires: Four Iconic Napa Wineries Share Their Recovery Stories: Fire happens quickly, but the recovery can take years. Decanter checks in on four iconic producers in Napa who are rebuilding with an eye towards the future...
Afternoon Brief, June 5th
Bidding Smart at Napa's Big Barrel Auction: Our US editor finds there were some bargains to be had at the scaled-down Napa Valley Vintners auction...
Afternoon Brief, June 2nd
Buellton’s Summerland Wine Brands to Liquidate, Close Doors By July 31: Summerland Wine Brands, formerly Terravant Wine Co., laid off or furloughed all but about 40 people on May 25, and plans to liquidate its winemaking equipment and sell the Buellton facility, according to a former employee familiar with operations...
Afternoon Brief, May 23rd
North Bay Farmers Still Concerned About Drought Effects and Heavy Rains: The heavy rain pattern of early 2023 delayed the planting season in some areas and has contributed to rising food prices, while increasing costs for farmers still recovering from high feed prices incurred during the drought...
Afternoon Brief, May 22nd
East Coast Wineries Assessing Losses After Late Frost Turns May Morning into a ‘Bad Dream’: Last week provided another reminder of the risks of farming overall and growing grapevines specifically...
Afternoon Brief, May 19th
Wine Country and the Silicon Valley Bank Hangover: SVB had been the go-to bank for many North Bay wineries—who will tap the barrels now?...
Afternoon Brief, May 18th
2022 Napa County Crop Report Points to Continued Wine Grape Market Recovery from the Fires: Firing up farm officials with prospects of growth, Napa County's crop report released Tuesday shows an increase in the gross value of 2022 agriculture production totaling more than $894 million...
Afternoon Brief, May 12th
Vintage Wine Estates Cuts SKUs in Bid to Drive Down Costs: The company has also reduced its headcount and sold acreage on its vineyards...
Afternoon Brief, May 11th
What the Sale of Stag’s Leap Wine Cellars Means for Ste. Michelle Wine Estates and Northwest Wine: Yesterday Ste. Michelle Wine Estates (SMWE) and Italian producer Marchesi Antinori announced that the latter purchased full ownership of Napa Valley’s Stag’s Leap Wine Cellars...
Afternoon Brief, May 5th
Big Duckhorn Winery Growth Plans Win Napa County Approval: Duckhorn Vineyards winery near St. Helena has secured Napa County approvals to construct more buildings, make more wine and host more guests...
Afternoon Brief, May 4th
Grape Crush Reports Are Essential for U.S. Wine Industry Growth—Here’s Why: In established and emerging regions alike, grape crush reports demonstrate the economic impact to legislators while supporting data-based decision-making for long-term growth...
Afternoon Brief, May 1st
Abrupt Closure of San Francisco Wine Startup Leaves Customers with Thousands of Bottles Stuck in ‘CloudCellar’: The offer was enticing: Pay $25 for a bottle of wine, and you might get upgraded to a bottle worth $100 or more. Better yet, the San Francisco tech company Underground Cellar promised: It would store your wine purchases — up to 500 bottles — for free in a “CloudCellar,” then ship them to you whenever you wanted...
Afternoon Brief, August 24th
Thompson Honors Julia and Katie Jackson as 2023 Sonoma County Climate Crisis Champions: Rep. Mike Thompson (CA-04) announced Julia and Katie Jackson as the 2023 Sonoma County Climate Crisis Champions for California’s Fourth District. Rep. Thompson’s Climate Crisis Champions demonstrate significant efforts to protect the environment in our community and combat the ongoing climate crisis...
