Afternoon Brief, May 15th
Wine and Basketball: Brands Partner with the NBA and WNBA to Attract New Fans: Leveraging the decades-long link between basketball and wine to attract new consumers...
Afternoon Brief, May 14th
Storied Washington Producer Betz Family Winery Acquired by Ackley Brands: Ackley Brands, a family-owned beverage company in Seattle with a portfolio of iconic brands across the Pacific Northwest, proudly announces its milestone acquisition of Betz Family Winery...
Afternoon Brief, December 15th
WSTA Debunks Pesticide Report: Recent results from a UK government testing programme have suggested a dramatic increase in the proportion of wine that contains multiple pesticide residues – up from 14% in 2016 to 50% in 2022...
Afternoon Brief, December 8th
Additional Layoffs at Ste. Michelle Indicate On-Going Struggles: On December 6th, Ste. Michelle Wine Estates (SMWE), the largest winery in the Pacific Northwest, announced a substantial layoff. The layoffs impacted approximately 7% of the company’s staff...
Afternoon Brief, June 11th
Hot Brands and Instagram Are Fueling Rosé Wine’s Phenomenal Growth Rate in the U.S. Market: With National Rosé Wine Day scheduled for this weekend, it is a useful time to examine the causes of the phenomenal growth in popularity of rosé in America. According to a recent report by bw166, a global market research firm for alcohol beverage, U.S. rosé sales volume increased by an astounding 1433% from 2010 to 2020...
Afternoon Brief, June 8th
Vintage Wine Estates and Bespoke Capital Acquisition Corp. Announce Closing of Business Combination: Vintage Wine Estates, one of the fastest growing U.S. wine producers with an industry leading direct-to-consumer platform, today announced that it has completed its previously announced business combination with Bespoke Capital Acquisition Corp., a publicly-traded special purpose acquisition company...