Off-Premise sales value for domestic table and sparkling wine came to $928.7 million in the four weeks ended Aug. 10 declining 4% compared to the same time last year. Sales volume in the most recent four weeks totaled 8.5 million, which is 6% less than last year. Sales value in the latest 52 weeks came to $13.6 billion, according to…
WineBusiness Monthly Announces Honorees for 2024 Wine Industry Financial Symposium Leadership Dinner WineBusiness Monthly, the industry’s leading publication for wineries and growers, is delighted to announce and honor three outstanding individuals in the wine industry at this year’s WineBusiness Monthly Leadership Dinner on Nov. 12, 2024. These distinguished professionals have made significant contributions to our industry, and it is with great pleasure…
Nearly two months after filing for bankruptcy, major wine corporation Vintage Wine Estates has agreed to sell most of its California wineries. Napa Valley’s Clos Pegase and Girard, and Sonoma County’s B.R. Cohn and Kunde are among more than 20 U.S. wineries and brands that were bid on through bankruptcy proceedings, which included an auction on Tuesday in the U.S.…
PLEASANT VIEW — A local company is seeking to shake up the regional wine scene in the unlikely locale (and harsh climate) of Northern Utah. Purple Sky Winery, located in Pleasant View, is the brainchild of Simon Goe, owner of the Snowville-based brine shrimp egg harvester Ocean Star International. The fledgling operation has wine in tanks right now with the…
As more vineyards around the world face persistent and intermittent heat stress, researchers and vineyard managers are working to understand how grapevines are coping, and how they can better intervene Michael Cook, a viticulturist with Texas A&M AgriLife Extension Service, jokes about the summertime weather in Dallas-Fort Worth: “What’s the difference between day and night? Nothing. The lights go out.” North Texas,…