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Afternoon Brief, April 29

Turning a Critical Eye on Wine Critics: One of the frequent digs made in the Cabernet-infused cock pit of the bad old days (the Robert Parker bulletin board in the mid-noughties) was that, while the likes of Decanter magazine and certain wine competitions were all very well, their group tasting approach could smother the individual greatness of certain wines and the individual insights that came with the lone star approach...

Afternoon Brief, April 3

E. & J. Gallo Winery Announces Deal with Constellation Brands: E. & J. Gallo Winery (Gallo) announced today that it has entered into an agreement with Constellation Brands, Inc. to purchase more than 30 wine and spirits brands, along with six winemaking facilities located in California, Washington, and New York...

Afternoon Brief, March 19

Vintage Wine Estates Purchases 1,986 Acre Laetitia Winery Estate on the California Central Coast: Vintage Wine Estates has purchased Laetitia Vineyard & Winery. Laetitia, located in the Arroyo Grande AVA, is one of the notable, foundation wineries of the region...

Afternoon Brief, March 15

Big Vintners Face Challenges as Market Growth Slows: Shifting market conditions mean the wine industry needs to meet consumers where they're at, according to the latest data from market research firm Gomberg, Fredrikson & Associates...

Afternoon Brief, February 22

Roederer Buys Sonoma's Merry Edwards Winery: The Louis Roederer Champagne house has purchased Russian River Valley Pinot Noir specialist Merry Edwards Winery. The deal includes the brand and its inventory, as well as the winery and tasting room in Sebastopol and 79 acres spread over six vineyards...

Afternoon Brief January 31

Wine and Sex Off the Millennial Menu The State of the Industry presentation Wednesday at the annual Unified Wine & Grape Symposium in Sacramento wasn't quite as gloomy as Silicon Valley Bank's dark take on the future two weeks earlier. Instead of "duck and cover", it was more motivational, as grapegrowers were encouraged to strap their boots on and fight for their future...

Afternoon Brief, January 9

Constellation Brands Plunges Most in Six Years on Forecast Cut: Constellation Brands Inc., the alcohol giant betting big on the cannabis industry, plunged the most since 2013 after the company cut its profit outlook and indicated its beer business is slowing down...

Afternoon Brief, January 8

Napa County Winery Permit Enforcement Deadline Spurs Scramble for Professionals: Napa County is undertaking a sizable effort this year to tighten enforcement of limits on how much local wineries can grow. But with less than three months until a deadline to file for permit modifications, there's growing concern among the small cadre of professionals usually tasked with such documentation about meeting the deadline...

Afternoon Brief, December 26

Beer, Spirits, & Wine - Packaged Imports Grow +8.3% by Value Over Last Twelve Months Through October 2018, Packaged Exports Decline -10.3%: Total beverage alcohol imports (including bulk and packaged) grew +7.7% by value over the last twelve months and grew +5.6% by value over the last three months...

Afternoon Brief, December 14

The Great Haut-Brion Price Hack: It's no surprise that the most expensive wine traded on the Liv-Ex fine wine exchange in 2018 was one that dragged the superlatives from the critics. Such wines are obviously rare and expensive, especially when they come from Bordeaux, but we've found a little hack that could see you getting similar quality for a much-reduced price...

Afternoon Brief, December 12

Illinois Distributor's Massive Payout to TTB: As the Washington DC-based Alcohol and Tobacco Tax and Trade Bureau (TTB) ramps up its trade practice-enforcement investigations, more wholesalers are appearing on their radar for foul play and Tied House infractions...

Afternoon Brief, December 11

Holiday Horror Stories from the Land of Retail: When trouble strikes in retail, it's often during the holidays. The two-week period around Christmas and New Year's Eve is the biggest time of year for wine sales in the U.S...

Afternoon Brief, December 10

A 31% Increase in Number of California Wineries Makes Financial Success That Much Harder: The global investment firm Rabobank November 2018 Wine Quarterly included a few important takeaways from the Wine Industry Financial Symposium held this autumn in Napa, California. In its introduction to the report, the bank got my attention with this about California: "Wineries of all sizes need to find new owners."

Afternoon Brief, November 30

Napa Vintner, Oregon Officials Meet to Defuse Wine-Labeling Dispute: Oregon regulators and a California winery accused of misrepresenting the Oregon origins of its bestselling pinot noir, an act which infuriated local winemakers, said Thursday after a preliminary meeting they're hopeful they can resolve the dispute...

Afternoon Brief, November 27

California Winery Should Lose Oregon Licenses for Label Violations, Says OLCC: California winery Copper Cane should lose its licenses to distribute wine or do retail business within the state of Oregon, the Oregon Liquor Control Commission has recommended...