Tag Archive: Ste. Michelle
Washington Wine’s Profile Rises, With Acreage Up Nearly 50% Since 2005
Washington state’s wine industry has made significant strides in recent years, and consumers are taking notice. Continue reading →
Posted in News on December 3, 2012News Briefs for October 25, 2012
•Brown-Forman will release the latest extension to the Woodford Reserve Master’s Collection, Four Wood, in November. Continue reading →
Posted in News on October 25, 2012Ste. Michelle Buys Fellow Washington Company O Wines
Ste. Michelle Wine Estates says it has acquired fellow Washington winery O Wines for an undisclosed sum. Continue reading →
Posted in News on September 11, 2012Interview, Part Two: Ste. Michelle Wine Estates President and CEO Ted Baseler
In this second part of our interview with Ted Baseler, the Ste. Michelle CEO discusses competitor E&J Gallo’s entry into the Washington wine business, distributor relations, Ste. Michelle’s new plan to ship half its wines by rail and the outlook on what looks to be a more robust U.S. grape harvest this year. Continue reading →
Posted in News on August 29, 2012Interview, Part One: Ste. Michelle Wine Estates President and CEO Ted Baseler
Ste. Michelle Wine Estates, a subsidiary of the Altria Group (formerly Philip Morris), was one of Washington’s pioneering wineries and remains by far the biggest, with sales of $516 million (+12%) and shipments of 7.32 million cases (+10%) last year. Ste. Michelle’s portfolio is anchored by its two core brands, Chateau Ste. Michelle (+8% to 2.5 million cases in 2011) and Columbia Crest (+0.1% to 2.1 million cases), and has benefited from the recent rise of Impact “Hot Brand” 14 Hands (+92% to 785,000 cases). Continue reading →
Posted in News on August 28, 2012Ste. Michelle Volume Up 4% In First Half
Ste. Michelle Wine Estates saw higher volume and higher prices result in an 11% jump in net revenue to $241 million over its fiscal first half, ended June 30. Continue reading →
Posted in News on July 24, 2012
