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Daily Archive: January 9, 2017

Interview, Part 1: Ste. Michelle Wine Estates President And CEO Ted Baseler

Ste. Michelle Wine Estates (SMWE) has long reigned as the U.S. market’s leading Washington wine player, led by its flagship Chateau Ste. Michelle brand, which sells more than 3 million cases annually. The company’s stable also comprises Washington state standouts including 14 Hands (about 2 million cases), Columbia Crest (1.1 million cases, excluding Two Vines), Col Solare, Snoqualmie, Northstar and Stimson Estate Cellars, among others, as well as a variety of California and Oregon offerings. A subsidiary of Altria Group, SMWE achieved 8% revenue growth to nearly $500 million for the first nine months of 2016, on volume growth of 6% to 6.2 million cases. With the Washington category heating up, SND senior editor Christina Jelski recently spoke with SMWE president and CEO Ted Baseler to discuss the outlook for the coming year. Continue reading →

Posted in News on January 9, 2017

News Briefs for January 9, 2017

•Starbucks is shaking up its approach to beverage alcohol, announcing plans to discontinue its “Evenings” program, under which it has been selling beer and wine at more than 400 stores in the U.S. Continue reading →

Posted in News on January 9, 2017

Craft Brewing and Distilling News for January 9, 2017

•Nellysford, Virginia-based Bold Rock Hard Cider has reported sales of 45,000 barrels in 2016 on a 70% increase over the previous year. Continue reading →

Posted in News on January 9, 2017