September, 01, 2018 Canned wine is no longer a fad, it's a $45 million business

(CNBC) - It's time to ditch your corkscrew. Canned wine isn't just a passing summer fad, it's a $45 million business, according to Nielson. Wine in cans with pull-tops instead of corks isn't new, but it has become a staple for young drinkers over the last few years and the trend shows no sign of...

August, 30, 2018 California's financial future is under fire

(Propertycasualty360) - In 2017, California experienced the worst fire season in history. Five of California’s most destructive wildfires on record occurred in 2017. In fact, 2017 is the costliest year on record for insurers with total U.S. wildfire peril totaling $16 billion in losses, ac...

August, 30, 2018 Tax as a Weapon in Interstate Wine War

(Wine-Searcher) - New Hampshire launches aggressive discounting program to attract out-of-state customers. Wine and liquor sales competition has always been fierce on state borders, particularly when one state plays super competitively or the tax percentages differ greatly. New Hampshire has ...

August, 30, 2018 Buyers remain king in Napa wine mergers, experts say

(NBBJ) - Big deals and big money. That may be what the public sees in the business of mergers and acquisitions in the wine industry. But experts Wednesday delivered some practical advice for buyers and sellers — and some cautions. Part of North Bay Business Journal’s Impact N...

August, 30, 2018 Is Sonoma reaching ‘peak wine’?

(Sonomanews) - Wine industry growth has been a rocket for 20 years, its trend line drawn like a mountain incline on U.S. industry graphs. Since 1993, when 370 million gallons of wine were consumed in America, consumption has more than doubled – to 770 million gallons nationwide today. That...

August, 30, 2018 Could Wine Become Your Career?

(WSJ) - WHAT INSPIRES an accomplished professional to abandon a successful career in finance or law for an uncertain future in the business of wine? Whether starting over as a wine critic, wine merchant or sales agent, the allure is clearly quite powerful. Here are a few case studies of those ...

August, 29, 2018 The Most Expensive Cabernet Francs

(Wine-Searcher) - Frequently indispensable in blends, Cabernet Franc is all-to-often overlooked for varietal wines. But no longer. Cabernet Franc is a venerable grape variety; DNA analysis has shown that, along with Sauvignon Blanc, it is a parent of Cabernet Sauvignon. But it rather hides...

August, 29, 2018 Putting Winery Pearls Before Profit

(Wines&Vines) - A background in marketing and a focus on respecting and investing in the potential of individual brands may be the biggest elements to the transformation wrought at Ste. Michelle Wine Estates under president and CEO Ted Baseler, who will leave the company at the end of September...