Ste. Michelle Revenues Jump 8% In 2015January 28, 2016
Ste. Michelle Wine Estates saw demand continue to rise for its Washington-led wine portfolio last year, as its net revenues for 2015 increased 7.6% to $692 million on a shipment rise of 6.2% to 8.9 million cases. Ste. Michelle saw an improved product mix during the year, with its 14 Hands label growing 11% to 1.8 million case shipments. Chateau Ste. Michelle, the company’s leading brand, posted shipments up 7.2% to 3.25 million cases, while Columbia Crest advanced 2.9% to 1.1 million cases.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.