Tag Archive: wine
Interview: Sherry-Lehmann CEO Chris Adams
New York City retail institution Sherry-Lehmann will celebrate its 80th anniversary next year. Ahead of that milestone, the company—which has annual revenues of above $45 million—last month welcomed a new partner to its business, corporate finance veteran Kris Green. Green joined the group following the departure of former president and leading shareholder Michael Yurch, who left November 1 to start a new wine marketing and strategy firm, Bluest Sky Group. Sherry-Lehmann’s ownership is now split amongst Green, chairman and CEO Chris Adams, COO Shyda Gilmer and Michael Aaron, son of founder Jack Aaron. Shanken News Daily recently caught up with Adams to find out what the change means for the business and discuss the outlook for the critical holiday selling season. Continue reading →
Posted in News on December 9, 2013Accused Wine Counterfeiter Rudy Kurniawan Goes on Trial
Wine Spectator reports that 20 months after his arrest by the FBI, accused wine counterfeiter Rudy Kurniawan will finally go on trial today, in a Lower Manhattan federal court room. Continue reading →
Posted in News on December 9, 2013Cameron Hughes Plans New Brand Line, Expects Big Year In 2014
San Francisco-based negoçiant Cameron Hughes tells SND his company has big plans for 2014, including the launch of a new brand line, the Cameron Hughes Collection, which will sit outside the group’s core Lot Series. Continue reading →
Posted in News on December 6, 2013Wente To Hit 700,000 Cases This Year, Eyes Million-Case Milestone
Celebrating its 130th anniversary this year as a family-owned winery, Wente Vineyards reports sales volume running 17% ahead of 2012. Continue reading →
Posted in News on December 5, 2013Silverado Vineyards Cofounder Diane Disney Miller Dies
Diane Disney Miller, the oldest daughter of Walt Disney and cofounder of Silverado Vineyards, died Nov. 19, Wine Spectator reports. Continue reading →
Posted in News on December 4, 2013Price Increases, Uptrading Driving Italian Wine’s Value Growth
After a 1% decline in shipments to 27 million cases in 2012, Italian wine is expected to be back in positive growth territory in the U.S. market by year-end, with volume estimated to rise 3%-5%. Continue reading →
Posted in News on December 3, 2013
