Author Archives: Joel Whitaker

Winc Sales Up 3.4%, Net Loss Soars 338.4%

Posted on December 8, 2021 by Joel Whitaker

Winc Inc. reports third quarter net revenue increased 3.4% to $18.5 million, but the company’s net loss was $5.7 million, a 338.4% increase.  Marketing expenses decreased by 23.3% to $3.7 million as the Company throttled advertising spend to maintain efficient marketing … Continue reading →

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Boisset Acquires Elizabeth Spencer Winery

Posted on December 8, 2021 by Joel Whitaker

Boisset said it acquired Elizabeth Spencer Winery in Rutherford, Napa Valley, to its collection of wineries and destinations. Boisset’s purchase includes the Elizabeth Spencer wine portfolio of small-production wines from Napa, Sonoma, and Mendocino, and its location on the Rutherford … Continue reading →

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Foley Family Wines Acquires Chateau St. Jean

Posted on December 8, 2021 by Joel Whitaker

The acquisition by Foley Family Wines includes the historic 1920s chateau, the 6,000 square-foot visitors center, a 39,000 square-foot wine production facility, 79 planted acres of estate vineyards, on-site tasting salons, and extensive gardens. The winery’s legacy use permit will … Continue reading →

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Waterford Whisky Intros a Whisky with a Wine Philosophy

Posted on December 8, 2021 by Joel Whitaker

Waterford Whisky announces the U.S. launch of the world’s first whisky made from Biodynamic Irish barley, the Biodynamic: Luna (SRP: $125). The bottling is the latest whisky in the distillery’s Arcadian Series, which showcases the flavors produced by forgotten ways … Continue reading →

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374 Park Avenue to Manage Sales for Giaever Portfolio in U.S.

Posted on December 8, 2021 by Joel Whitaker

375 Park Avenue Spirits, a division of Sazerac Co, said it Bond & Royal craft division will assume responsibility for all U.S. sales and operational functions as well as support marketing efforts for Family Distillery Hooghoudt’s export portfolio of premium, … Continue reading →

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Despite Omicron, Stronger-Than-Expected Economy Seen in 2022

Posted on December 8, 2021 by Joel Whitaker

The recent arrival of the omicron variant of the coronavirus is not great news for the U.S. economy, not least because 70% of the economy relies on consumption, a fact demonstrated by the fact that through the courst of the … Continue reading →

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