Schizo Vino Sales Showcase Upscale/Downscale Consumer Tastes

Off-premise table wines continued their schizophrenic sales behavior last month with boxes, followed by expensive wines taking the top sales increase positions, according to Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI) for the four-week period ending August 9, 2009 over the same period last year. Box wines selling for an average […]

EPR Looking for Buyer or Partner As VinREITs Get Hammered

August 18, 2009

The nation’s largest winery and vineyard sale/leaseback financier — Entertainment Properties Trust (NYSE: EPR) — is being rocked by its clients’ poor performance and outright defaults according to its most recent 10-Q quarterly report filed with the Security and Exchange Commission. The result, multiple industry sources familiar with the situation have told Wine Industry Insight, […]

Stevenot Scrambling To Avoid Liquidation, Has Purchase Offer From Distributor

Golden Eagle Estates, doing business as Stevenot Winery, is scrambling  to avoid foreclosure and has filed a complicated reorganization plan which hinges upon the sale of the brand and existing inventory and the willingness of its primary secured creditor to allow continued operation at the current facility. A hearing is scheduled for 10:30 a.m.,  Sept. […]

Carneros Vintners Struggles To Get Custom Crush Facility Ready for 2009 Harvest

August 5, 2009

Carneros Vintners is struggling to get its million-gallon custom crush facility in Sonoma ready for the 2009 harvest. But spring rains and a raft of yet-to-be-approved building and regulatory permits make that less likely with each passing day. Crush started the first week of August in 2008, but cooler-than-average temperatures should make 2009 a more […]

Disappearing Restaurants = Vanishing Fine Wine Sales?

The disappearance of  thousands of restaurants could offer one possible explanation for the on-premise drop in fine wine sales, according to Susan Kleutsch, director of product development-foodservice at The NPD Group which tracks sales across a wide variety of consumer industries. While wines selling for more than $25 retail have been growing in supermarkets and […]

81 of Largest 100 Brands Stagnant or Losing Market Share – Winners and Losers For June/July

August 4, 2009

Eighty-one of the Top 100 wine brands have either stagnated or lost market share according to Wine Industry Insight’s analysis of data from Information Resources Inc. (IRI)  for the four-week period ending June 14, 2009 over the same period last year. Stagnation is defined as a share gain of less than one-half of one percent. […]