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Perhaps a sign of consumer retrenchment in the face of a recession with no signs of quick recovery, wines selling for more than $20 — which have led off-premise growth for most of 2010 — have continued to slide according to scanner data from The Nielsen Company for the four-week period ending Oct 16, 2010.Wines […]
Please scroll down for Social Networking, China, Down Under & Lighter News Sustainable Winegrowers receive Calif’s top green award Diageo May Be Interested in Jim Beam, but We Would Prefer a Bid for LVMH Fortune Surges On Break Up Rumors Cosentino Closes Last Two Wineries The great cash crop: Farmland Remy Cointreau faces fight to […]
Please scroll down for Social Networking, China, Down Under & Lighter News US Wine Category Showing Signs of Improvement Torres boosts its winemaking presence in Chile Wine sales jump cheers Foster’s Wine and Spirit Wholesalers Push to Restrict Interstate Sales Fitch: Outlook Stable for US Beverages in 2011 Sonoma Q&A sessions set on frost protection […]
Please scroll down for Social Networking, China, Down Under, Harvest & Lighter News US may swallow Foster’s wine Can Lodi wineries make money by exporting? Fortune Brands Rises on Report of Possible Breakup Ag groups support conservation easement tax credit Fine wine boom boosts Majestic Majestic Wine toasts 6-bottle policy as profits rise WA: Wine […]
Please scroll down for Social Networking, China, Down Under & Lighter News Salisbury Vineyards Getting Interest In New Equity Offering Cosentino Winery, Eos Estates Updates Frazier Family Still Committed To Family, Napa Valley & Sharing Their Dream Big-money battle over alcohol may affect everyone who drinks China set to revolutionize wine market Farming and the […]
VIP Subscribers click here to read this update. COSENTINO WINERY TO FACE BANKRUPTCY JUDGE MONDAY, RESULT COULD ACCELERATE FORECLOSURE FOLEY TO BEGIN REMOVING EOS INVENTORY AS SOON AS TODAY Not a VIP subscriber yet? Subscribe now, and get this article along with everything else on the site every day, including original documents and source materials […]
Salisbury Vineyards is seeking up to $4,000,000 to retire high interest debt, expand the vineyards and tasting room, and possibly pursue property for a future winery site and/or vineyard, according to founder John Salisbury . “One half of this fund raising will most likely come from present creditors (family & friends) who will convert portions […]
Editor’s Note: The following was written by Kim Frazier and is reprinted here in its entirety with her permission. Bill Frazier started Frazier Winery with the planting of 9.5 acres of grapes on his estate just east of the city of Napa in 1990. After selling the first few vintages of fruit to other wineries […]
Please scroll down for Social Networking, China, Down Under & Lighter News Cosentino Winery Closes Global Wine jobs at risk as production decreases France holds on to world’s top wine producer slot Restaurants see credit, debit spending rise in Oct. CDFA announces 2011 Specialty Crop Block Grant Program Warren Buffett Loves Liquor New environmental market […]
Cosentino Winery closed at the end of business, Nov. 9, according to emails sent by several different managers and employees at the operation. The very short emails shared with Wine Industry Insight by numerous recipients most frequently cited a “tight economy.”