Tag Archive: wine
Seeking Expansion, Fladgate Bolsters Tawny Port Stocks With Wiese & Krohn Acquisition
The Fladgate Partnership has buttressed its position in the Port market’s growing aged tawny segment with the acquisition of the brand, stocks and vineyard holdings of fellow producer Wiese & Krohn. Continue reading →
Posted in News on June 26, 2013Top Retailers Weigh In On 2012 Bordeaux Futures Campaign
Despite a 25%-35% price reduction among the most sought-after classified growths and a steady stream of pricing announcements in April and May, the 2012 Bordeaux futures campaign continues to defy easy description. Continue reading →
Posted in News on June 21, 2013Gallo Seizes Upscale California Opportunity
About 75% of E&J Gallo’s U.S. volume is comprised of below-$10 brands, according to Impact Databank. Continue reading →
Posted in News on June 19, 2013Wine Spectator: Fashion Executives Buy Los Angeles Retailer Wally’s
Guess Inc. founders team up with Wally’s co-owner Christian Navarro to acquire leading LA wine store; possible national expansion in the works Continue reading →
Posted in News on June 18, 2013Interview, Part 2: Bill Foley On The National Chain Business And Upcoming Acquisitions
In this second part of our interview with Bill Foley, the Foley Family Wines founder discusses his ramped-up focus on national retail and on-premise chains, as well as the outlook for upcoming acquisitions and the growth of his New Zealand-sourced business in the U.S. Continue reading →
Posted in News on June 17, 2013Interview, Part 1: Bill Foley Sees U.S. Growth Heating Up
Through his Foley Family Wines group—housing a host of premium-and-above labels including Firestone, Merus, Sebastiani, Chalk Hill, Lincourt, Foley Estates and others—longtime financial industry executive Bill Foley has been among the California wine industry’s most active players in recent years, averaging more than one acquisition in the Golden State a year since 2007, in addition to moves in Washington and New Zealand. Shanken News Daily recently spoke with Foley to get an update on his rapidly developing stable of brands—now at about 1 million cases (including some California exports)—in part one of this two-part interview. Continue reading →
Posted in News on June 14, 2013
