Tag Archive: wine
Foley Takes Stake In California Distributor
Foley Family Wines chairman Bill Foley has reportedly agreed to acquire a minority stake in Capitola, California-based wine wholesaler Epic Wines. Continue reading →
Posted in News on August 27, 2013Sangria Sales See Upward Trend
Both bottled and restaurant-made sangrias have been growing in popularity of late, leading to a spate of new product activity in the category, as well as nascent efforts at premiumization. Continue reading →
Posted in News on August 23, 2013WS: Louis Jadot Acquires Oregon’s Resonance
Wine Spectator reports that Burgundy-based négociant Maison Louis Jadot has purchased Resonance Vineyard in Oregon’s Willamette Valley. Continue reading →
Posted in News on August 23, 2013Treasury’s Profits Slide On U.S. Writedown, But Asia, Aussie Bounce Spur Sales Growth
Treasury Wine Estates decision to slash its inventory in the U.S. market caused a sharp drop in company profits in its recently completed fiscal year, but improvements in Asia and Australia led to overall net sales growth. Continue reading →
Posted in News on August 22, 2013Wine Spectator: French Authorities Boost Vigilance Over Money Laundering In Wine Business
France’s anti-money laundering authority has gone public with suspicions that foreigners are using investments in French vineyards to clean dirty money, reports Wine Spectator. Continue reading →
Posted in News on August 21, 2013Jackson Family Bolsters Oregon Presence With Soléna Buy
Jackson Family Wines (JFW) has purchased Oregon’s Soléna Estate winery and 35 acres of vineyards from owners Laurent Montalieu and Danielle Andrus Montalieu for an undisclosed sum. Continue reading →
Posted in News on August 21, 2013