![]() |
![]() ALSO SPONSORED BY: ![]()
Wine Industry Insight |
|
The Guardian (U.K.) has reported that Consetllation Brands will cut 5% of its workforce. “Constellation Brands, the world’s biggest wine maker, is to cut 5% of its 8,200-strong workforce, blaming the move in large part on shrinking British sales of its labels, which include Hardys, Banrock Station and Kumala. “Rob Sands, chief executive of Constellation, […]
Wine group Constellation to axe jobs Constellation Brands completes value spirits sale; cuts FY09 Plan to restore San Joaquin River approved Congress oks bill that protects land in Joshua Tree, San Jacinto California to give mid-range wine a big push Southern Barossa success In recession, many still willing to pay high price for pinot noir […]
The current management of Stevenot/Golden Eagle Estates “has engaged in gross mismanagement” and should be placed under the care of a Chapter 11 Trustee, according to a court filing by U.S. Department of Justice attorneys [VIP Subscriber link]. MUNARI “SIPHONED” $841,522.90 FROM ACCOUNTS IN 2008 As first reported by Wine Industry Insight on Feb. 5, […]
Despite federal water restrictions that already threaten to put 40,000 Californians out of work and significantly raise fruit and vegetable prices for the entire United States, two activist groups said Tuesday that they intend to force the U.S. Fish and Wildlife Service (FWS) to tighten restrictions governing the longfin and delta smelt. The Bay Institute […]
Wine shipping bill headed for Tenn. Senate vote Jess Jackson gets his Knights Valley winery and tasting room Tasting palaces overshadow wines PROFILE: Hanzell Vineyards founder James D. Zellerbach in 1959 Bottle your own wine at Su Vino Winery in Scottsdale The wine “futures” of Livermore Valley Parsons Vineyard’s History More Toxic Than Citigroup’s Assets […]
Wine Industry Insight’s free daily summary of news from other sources around the world. Drought Turns Water Into a Cash Crop Prepare for drought, emergencies, analyst tells Inland water vendors – High altitude Pinot Noir Why wine is less expensive in Europe Pride Mountain Vineyards: Both sides of the wine line NZ Grape growers desperately […]
Wash. wineries now number more than 600 – The Associated Press Water rationing in state’s future – Press-Enterprise State to deliver more water to Southern California – Los Angeles Times Climate change accelerates water hunt in US West – Reuters UK: Diageo To Close London Office – Namnews FACTBOX: Water scarcity and agriculture in California […]
The International Herald Tribune reports that Sideways is being re-made as a movie for Japan’s Fuji Television, complete with more blatant product and sponsor plugs than a Guthy-Renker infomercial for miracle ab flatteners. GOODBYE SANTA BARBARA; HELLO NAPA VALLEY “The two male characters (Michio and Daisuke instead of Miles and Jack) now head from Los […]
Michael and Michelle Conti, owners of the Conti Estate/Charles B. Mitchell Winery (dba MC2 Wines) filed a joint personal bankruptcy on March 17. In addition, the U.S. Bankruptcy Court for the Eastern District of California gave two growers permission to enforce their growers’ liens against the Contis’ insolvent winery in order to preserve collateral. JUDGE […]
A joint analysis by IRI and Wine Industry Insight, examining data for the past four years, indicates that industry intuition is correct about wine being recession-resistant. Further, the data shows that wine sales, as measured by the monthly change in dollar sales, outperforms the Dow-Jones Industrial Average. [PLEASE NOTE: the rest of this article and […]