Tag Archive: Chateau Ste. Michelle
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, 2017Ste. Michelle Sales Jump 8% In First Quarter
Ste. Michelle Wine Estates enjoyed a buoyant start to the year, with its first-quarter net revenues rising 8.2% to $145 million. Continue reading →
Posted in News on April 28, 2016Ste. Michelle Shipments Rise 4.9% In First Half, Even As 14 Hands Slows
Ste. Michelle Wine Estates has reported a net revenue increase of 7.3% to $295 million for its first half ended June 30, as shipments rose 4.9% to 3.77 million cases over the same six-month period last year. Continue reading →
Posted in News on July 30, 2015News Briefs for April 22, 2015
•Washington state’s Chateau Ste. Michelle is adding two new offerings to its Anew Wines offshoot, a Pinot Grigio and Rose. Continue reading →
Posted in News on April 22, 2015News Briefs for December 3, 2014
•Pernod Ricard has lined up a new global campaign behind its Jacob’s Creek wine brand featuring tennis star Novak Djokovic. Continue reading →
Posted in News on December 3, 2014Ste. Michelle Posts 5% Sales Growth In First Half
Ste. Michelle Wine Estates enjoyed a 5% net revenue increase to $275 million in the first half of 2014, even as volumes registered just a 1.5% growth rate. Continue reading →
Posted in News on July 23, 2014
