Tag Archive: Ste. Michelle Wine Estates
News Briefs for January 31, 2017
•A U.S. district judge from the court of Northern California has rejected Treasury Wine Estates’ (TWE) motion to dismiss a suit filed by Ste. Michelle Wine Estates over Treasury’s proposed use of “The Stag” name. Continue reading →
Posted in News on January 31, 2017News Briefs for January 26, 2017
•Mexico’s Jose Cuervo, which is set to launch an initial public offering in the coming weeks, is seeking to raise more than $700 million via the listing, according to CNBC. Continue reading →
Posted in News on January 26, 2017Interview, Part 2: Ted Baseler, Ste. Michelle Wine Estates
In the second part of our interview with Ted Baseler, Ste. Michelle Wine Estates’ chief executive discusses the group’s California portfolio and partner brands, as well as trends in its core Washington business. Continue reading →
Posted in News on January 11, 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, 2017Peter Click Debuts New Import Company, Golden Frog Productions
Industry veterans Peter Click and Alan MacDonald have opened a new importing company, Golden Frog Productions. Continue reading →
Nicolas Feuillatte Revamps Approach In Increasingly Competitive Champagne Market
Nicolas Feuillatte, imported by Ste. Michelle Wine Estates, is currently the fourth-largest Champagne brand in the U.S. market at 68,000 cases, having expanded by nearly 75% since 2010, according to Impact Databank. Continue reading →
Posted in News on December 5, 2016