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Meta
Monthly Archives: June 2022
Who & What —
Miner Family Winery promoted Michelle Shafrir to head winemaker. She has been assistant winemaker for almost five years. Wine Institute elected Rick Tegner, president/ceo, Jackson Family Wines, chairman; Russell Lange of LangeTwins Family Vineyards& Winery, first vice chairman; Matt Galloof E. … Continue reading
Posted in News, Who and What
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What We’re Reading
Wine Treading Water in US Market Spirits are winning when it comes to the huge US market, but there are some hopeful signs for wine. (Wine-searcher) Recent Data Suggests Big Change May Be Happening in the Alcohol Premiumization Story Sub-premium … Continue reading
Posted in News, Uncategorized
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What We’re Watching —
What’s the outlook for direct-to-consumer wine shipments? An all-star group of wine industry experts addressed findings from Silicon Valley Bank‘s 10th Annual Direct to consumer Wine survey report. Watch the discussion here. The experts were Rob McMillan, EVP and founder, … Continue reading
CBrands Net Soars 143% on 17% Jump in Sales
Constellation Brands reports net income rose 143% to $390 million, or $2.06 a share, as fiscal first quarter sales rose 17% to $2.36 billion. Beer Business The beer business achieved double-digit net sales and operating income growth and 9%depletion growth … Continue reading
Posted in Earnings Report, News
Tagged Constellation Brands
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Sands Brothers to Retire from Active Management at Constellation Brands
Just days after Heaven Hill Brands announced executive changes to pass control of the family-owned distiller to a third generation, Constellation Brands announced Robert and Richard Sands, who currently serve as Executive Chairman of the Board and Executive Vice Chairman of the Board, respectively, … Continue reading
Posted in Acquisitions, News
Tagged Constellation Brands
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Moet Hennessy Buys Joseph Phelps Vineyards
LVMH already ownes Chandon and Newtown Vineyards in Napa Valley. Terms weren’t disclosed. Joseph Phelps founded the Napa and Sonoma-based wine collection in 1973, buying a 670-acre cattle ranch in Spring Valley east of St. Helena where he planted vineyards … Continue reading
Posted in Acquisitions, News
Tagged Joseph Phelps, LVMH
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