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Daily Archive: May 20, 2013

Interview: Caymus Vineyards’ Bold Bet On Pinot Noir Pays Off

When the economic downturn of 2008-2010 sent U.S. wine consumers scurrying downmarket, Napa-based Caymus Vineyards was among the first California luxury players to make the bold and controversial decision to lower prices. It turned out to be the right call, as the company’s Caymus Cabernet, Conundrum, Mer Soleil, Belle Glos and Meiomi labels all kept growing through the downturn—and have since returned to their pre-recession prices. Around the same time, Caymus made another shrewd play, investing in high-quality Pinot Noir for Belle Glos/Meiomi in 2009 and 2010 and locking in contracts for future years before 2012’s California grape shortage—and subsequent price hikes—took their toll. As a result, Belle Glos/Meiomi has more than tripled in size, to over a quarter of a million cases, in the past two years. Shanken News Daily’s Dan Marsteller recently caught up with Caymus owner Chuck Wagner to discuss these developments and progress across the business. Here is Part 1 of that interview: Continue reading →

Posted in News on May 20, 2013

Missouri Senate Blocks Vote On Franchise Bill, Dealing Blow To State’s Top Wholesaler

The controversial liquor franchise bill that was passed by Missouri’s House of Representatives was blocked from coming to a vote by the state’s Senate on Friday—the last day of the legislative body’s session. Continue reading →

Posted in News on May 20, 2013

News Briefs for May 20, 2013

•Bacardi-owned Dewar’s Scotch is supporting the recent launch of its Highlander Honey extension with a new television ad campaign. Continue reading →

Posted in News on May 20, 2013

Craft Brewing And Distilling News for May 20, 2013

•Cleveland-based Great Lakes Brewing Co. is set to expand its distribution in a number of existing markets. Continue reading →

Posted in News on May 20, 2013