Tag Archive: 14 Hands
Interview, Part 2: Ste. Michelle Wine Estates President And CEO Jim Mortensen
In the second part of our interview, St. Michelle Wine Estates president and CEO Jim Mortensen discusses the company’s core Washington portfolio and related brands, as well as its overseas partnerships and activities in California and Oregon. Continue reading →
Posted in News on May 6, 2020News Briefs for May 10, 2019
•In case you missed it, The Boston Beer Company last night announced that it will acquire Delaware-craft player Dogfish Head in an agreement valued at $300 million. Continue reading →
Posted in News on May 10, 2019Ste. Michelle Wine Estates Portfolio Sees Its Innovation Efforts Pay Off
Washington state’s top wine player, Ste. Michelle Wine Estates has posted impressive growth over the past few years, led by its flagship Chateau Ste. Michelle franchise, which sells more than 3.4 million cases annually. Continue reading →
Posted in News on August 23, 2017Ste. Michelle Wine Estates Posts 8% Sales Growth For 2016
Washington state-based Ste. Michelle Wine Estates has posted a solid set of results for its full fiscal 2016, with net revenues up 7.8% to $746 million. Continue reading →
Posted in News on February 1, 2017Interview, 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, 2017Ste. Michelle Posts 8% Sales Growth In First Three Quarters
Ste. Michelle Wine Estates saw its revenues rise by 8% to nearly $500 million during the first nine months of 2016, driven by the growth of its core premium brands, which include Chateau Ste. Michelle and 14 Hands, among others. Continue reading →
Posted in News on October 27, 2016
