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Afternoon Brief, June 11th

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Hot Brands and Instagram Are Fueling Rosé Wine’s Phenomenal Growth Rate in the U.S. Market: With National Rosé Wine Day scheduled for this weekend, it is a useful time to examine the causes of the phenomenal growth in popularity of rosé in America. According to a recent report by bw166, a global market research firm for alcohol beverage, U.S. rosé sales volume increased by an astounding 1433% from 2010 to 2020...

Afternoon Brief, June 8th

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Vintage Wine Estates and Bespoke Capital Acquisition Corp. Announce Closing of Business Combination: Vintage Wine Estates, one of the fastest growing U.S. wine producers with an industry leading direct-to-consumer platform, today announced that it has completed its previously announced business combination with Bespoke Capital Acquisition Corp., a publicly-traded special purpose acquisition company...

Afternoon Brief, April 23rd

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Krasilsa Pacific Farms Sells Sonoma County Vineyard for $4.7 Million: A Sonoma County vineyard belonging to a partnership led by well-known wine executive Hugh Reimers has been sold for about $4.7 million, according to county records...

Wasatch to Invest $100 Million in Bespoke Capital Acquisition Corp and...

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TORONTO and SANTA ROSA, Calif., April 23, 2021 (GLOBE NEWSWIRE) -- Bespoke Capital Acquisition Corp. (NASDAQ: BSPE) (TSX: BC.U) (TSX: BC.WT.U) (“BCAC” or “Bespoke”)...

Afternoon Brief, March 15th

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Gallo Aims for a Diverse Wine Portfolio to Embody and Reflect a Diverse World: In December last year the Federal Trade Commission finally approved the acquisition by E. & J. Gallo Winery (Gallo) of more than 30 wine brands from Constellation Brands, Inc., which was first announced in April 2019...

Afternoon Brief, February 5th

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Online Boom Behind Uber's Drinks Push: The implications of Uber's takeover of Drizly could be huge for retailers – and consumers...

Afternoon Brief, February 4th

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Vintage Wine Estates, One of the Fastest Growing U.S. Wine Producers, to Become a Public Company: Bespoke Capital Acquisition Corp., a publicly-traded special purpose acquisition company, and Vintage Wine Estates, one of the fastest growing U.S. wine producers with an industry leading direct-to-customer platform, announced today a definitive agreement for a business combination that would result in VWE becoming a publicly traded company...

Vintage Wine Estates, One of the Fastest Growing U.S. Wine Producers,...

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Bespoke Capital Acquisition Corp. (TSX: BC.U) and Vintage Wine Estates enter into a merger agreement Vintage Wine Estates has a revenue and EBITDA...

MEI Renewables Signed to Build New Solar and Storage Project at...

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HOPLAND, CA (January 26, 2021) – MEI Renewables, Inc. has begun phase 2 of a contract with Vintage Wine Estates, Inc. to build a...

Afternoon Brief, February 20

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When Amazon Hasn't Cracked the Code on Online Alcohol, How Can Grocers? : 2019 was a year filled with retail innovation, especially within grocery. Between robot delivery services and experiential pop-ups, it would seem as though we've mastered our understanding of consumer behavior and created products and services to meet those needs...

Wineries Sue Insurers for $20 Million in Smoke Taint Losses

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Kunde and Vintage Wine Estates (VWE) have filed suit against their insurers at Sonoma County Superior Court collectively seeking approximately $20 million in losses....

Afternoon Brief, September 23

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Vintage Wine Estates Continues to Grow in the Pacific Northwest with the Acquisition of Owen Roe: Vintage Wine Estates announced the addition of Owen Roe, with locations in Yakima, Washington (winery, vineyards and tasting room) and Willamette Valley, Oregon (tasting room) to its fine wine portfolio ...

Vintage Wine Estates Continues to Grow in the Pacific Northwest with...

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Santa Rosa, CA. September 23, 2019. Vintage Wine Estates announced the addition of Owen Roe, with locations in Yakima, Washington (winery, vineyards and tasting...

Afternoon Brief, August 29

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Documents Bolster Winery Race Discrimination Case: Their winery is gone, their vineyard is gone, and a lot of their money is gone, but the Sterling brothers are persisting in their racial discriminatory lending lawsuit against the bank that seized their properties in Sonoma and Mendocino Counties...

Afternoon Brief, August 20

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California ABC Launches Amazon Investigation: The California Department of Alcoholic Beverage Control (ABC) will open an investigation of Amazon after a story by Wine-Searcher revealed Amazon is flouting the conditions of its liquor license in Los Angeles...