News Briefs for August 10, 2015August 10, 2015
•Crimson Wine Group posted a 3% net sales rise to $28.5 million in the first half of 2015. The company’s domestic volume rose 1% during the period, with its wholesale channel sales up 1% to $17 million and its direct-to-consumer sales jumping 9% to $10.3 million. Export volume increased 9% for Crimson during the first half, while income declined 25% to $4.1 million. The company’s portfolio includes California’s Pine Ridge, Seghesio, Chamisal and Forefront; Oregon’s Archery Summit; Washington’s Double Canyon and the Luminary red blend sourced from California and Washington.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
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