Tag Archive: California
Gallo Seizes Upscale California Opportunity
About 75% of E&J Gallo’s U.S. volume is comprised of below-$10 brands, according to Impact Databank. Continue reading →
Posted in News on June 19, 2013Wine Spectator: Fashion Executives Buy Los Angeles Retailer Wally’s
Guess Inc. founders team up with Wally’s co-owner Christian Navarro to acquire leading LA wine store; possible national expansion in the works Continue reading →
Posted in News on June 18, 2013Interview, Part 1: Bill Foley Sees U.S. Growth Heating Up
Through his Foley Family Wines group—housing a host of premium-and-above labels including Firestone, Merus, Sebastiani, Chalk Hill, Lincourt, Foley Estates and others—longtime financial industry executive Bill Foley has been among the California wine industry’s most active players in recent years, averaging more than one acquisition in the Golden State a year since 2007, in addition to moves in Washington and New Zealand. Shanken News Daily recently spoke with Foley to get an update on his rapidly developing stable of brands—now at about 1 million cases (including some California exports)—in part one of this two-part interview. Continue reading →
Posted in News on June 14, 2013Special Report: Premium-Plus California Wine Rising Sharply, As Cupcake Leads Charge
California’s premium-plus wine segment ($10-and-above) is thriving, despite a challenging on-premise environment. Continue reading →
Posted in News on June 13, 2013Interview, Part Two: Chuck Wagner of Caymus Vineyards
In this second part of our interview with Chuck Wagner, the Caymus Vineyards owner offers his views on the changing retail and consumer landscape, as well as the challenges and opportunities facing California wineries in the years ahead. Continue reading →
Posted in News on May 21, 2013California Wine Crosses 200M Cases In U.S., But Retailers, Suppliers Remain Cautious On Pricing
California table wine continued its long-term upswing in the U.S. market in 2012, rising 3% to an estimated 204 million nine-liter cases, according to Impact Databank. Continue reading →
Posted in News on March 8, 2013