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Tag Archive: Napa Valley

Wine Spectator: Napa’s Quixote Winery Sold To Chinese-Owned Firm For Approximately $29 Million

Carl Doumani has sold his Quixote winery in Napa Valley’s Stags Leap District to Jinta Vineyards and Winery, a Chinese-owned private firm registered in the United States, Wine Spectator reports. Continue reading →

Posted in News on July 22, 2014

Guarachi Family Wines Acquires Napa’s Meadowrock Vineyard

Guarachi Family Wines, which was launched in 2007 by TGIC Importers founder and CEO Alex Guarachi, said it has purchased Meadowrock, a 62-acre vineyard in the Atlas Peak appellation in Napa Valley. Continue reading →

Posted in News on May 2, 2014

Napa’s Araujo Estate Acquired By Chateau Latour Owners, Reports Wine Spectator

Araujo Estate, one of Napa Valley’s elite Cabernet Sauvignon producers, has been purchased by the owners of French first growth Château Latour, reports Wine Spectator. Continue reading →

Posted in News on July 26, 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

Napa Vintner George Vare Dies at 76

Napa Vintner George Vare, the businessman and innovator behind brands like Geyser Peak and Luna Vineyards, died April 12 at age 76. Continue reading →

Posted in News on April 18, 2013

News Briefs for November 30, 2012

•Research group Technomic says U.S. on-premise beverage alcohol sales hit $93.7 billion on 4.9% growth in 2011, despite a 1.1% slip in volume. Continue reading →

Posted in News on November 30, 2012

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