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Australian web site, FarmOnline reports that, “heatwave temperatures across southern NSW and South Australia could burn hopes for a successful wine vintage this year, as winemakers are forced to start harvesting earlier than usual. After near-perfect conditions in the south, temperatures reaching 48 degrees are playing havoc with fruit still on vines. Growers in the […]
Feb. 5 (Bloomberg) — LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, reported earnings unexpectedly stagnated after handbag sales failed to offset slumping demand for Hennessey cognac and Moet champagne. Net income for 2008 was 2.03 billion euros ($2.6 billion), the Paris-based company said today, unchanged from a year earlier. That missed […]
The deedholder for Stevenot Winery’s real estate has asked for Chapter 11 proceedings to be tossed so that it can foreclose on the property. A hearing on the request by BaySierra Financial will be held in Modesto at 10:30 a.m., on Feb. 18 at the Federal Bankruptcy Court. A status hearing is still scheduled for […]
Forty-five of the 800 workers at the Gallo Glass Factory in Modesto have been laid off, a result of decreased demand and plans to refurbish one of the company’s furnaces. Gallo Glass supplies bottles to the nearby Gallo Winery and to other winery customers. In a written statement,Gallo Glass VP John Gallo said, “We regret […]
Pine Ridge Winery co-founder Gary Andrus, 63, died Friday in Hillsboro, Ore. of complications from pneumonia. He also founded two Oregon wineries, Archery Summit Estate and Gypsy Dancer According to an obituary by The Wine Spectator’s Harvey Steiman, Andrus was a former Olympic downhill skier and an avid trout fisherman” who “started making wine at […]
The California Department of Industrial Relations has confirmed to Wine Industry Insight that, after its preliminary examination of the Jackson Family Winery layoff situation they have forwarded information to the California Labor Commissioner’s Office for possible violations of the state Worker Adjustment and Retraining Notification (WARN) requirements. A representative for the Department of Industrial Relations […]
As reported by Wine Industry Insight last week, Foley Family Wines has announced the details of a major reorganization, resulting in most major administrative functions to be relocated to Sonoma. The following is the entire text of the company’s announcement on PRNewswire: SONOMA, Calif., Feb. 2 / — Tim Matz, President of Foley Family Wines, […]
The Jan 2009 issue of Wine Business Monthly is a real winner. I picked up a copy at the Unified Symposium last week in Sacto and am still working my way through the issue. Good solid data, page after page. WBM isn’t my baby any longer, so it’s rewarding to see how well Cyril Penn […]
Sources close to the transaction say to look for an announcement that Bolla has left its long-time home at Brown-Forman to go with by Castello Banfi. In its past fiscal year, Brown-Forman reported sales of 1.13 million cases for Bolla, compared to 1.55 million in fiscal 2001.
EDITORIAL Getting any sort of accurate news from many wine companies is like trying to figure out who’s running the Kremlin by watching who is standing next to whom at the Mayday parade. But the old Kremlin apparatchiks have nothing on Jackson Family Wines. The Santa Rosa Press-Democrat’s Kevin McCallum did the best he could […]