Afternoon Brief: Wine Maker Duckhorn to Be Acquired by Butterfly Equity in $1.95 Billion Deal
Premier luxury wine maker Duckhorn Portfolio (NAPA.N), opens new tab said on Monday it would be taken private by Butterfly Equity in an all-cash deal worth $1.95 billion...
Afternoon Brief: Hot Weather Creating Challenges for Sonoma Valley Grape Harvest
In the North Bay, extreme heat is keeping grape growers in Wine Country on their toes. Harvest is in full swing and hot weather is adding an extra layer of concern about picking...
Afternoon Brief, April 4th
NBA and Kendall-Jackson Winery Announce Multiyear Partnership: The National Basketball Association (NBA) and Kendall-Jackson Winery today announced a multiyear partnership, making Kendall-Jackson the Official Wine of the NBA and USA Basketball and La Crema the Official Wine of the Women’s National Basketball Association (WNBA)...
Afternoon Brief, January 2nd
France Buys Back Bordeaux: China's love affair with Bordeaux properties is ending as more investors bring châteaux back into French hands...
Afternoon Brief, December 7th
Why Napa Green’s Glyphosate Ban Is Such a Big Deal: Last month, Napa Green, a sustainable wine-growing certification for Napa Valley vineyards, announced that members must phase out the use of the herbicide glyphosate, the active ingredient in popular weed killer Roundup...
Afternoon Brief: North Americans Want Wines for $60 or Less
The results of a new study into the relationship between food and wine will be unveiled at wine2wine Business Forum in Verona on 14 November 2023...
Afternoon Brief, October 31st
Treasury Wine Estates Announces Historic Acquisition of DAOU Vineyards: In a groundbreaking move poised to transform the Paso Robles region and the wine industry at large, Treasury Wine Estates proudly unveils its agreement to acquire DAOU Vineyards, renowned as the fastest-growing luxury wine brand in the United States, for an impressive price tag of $1 billion...
US on Premise Set to Deliver in the Countdown to the Holidays
The final quarter of the calendar year is full of gift-wrapped opportunities to spread cheer all season long in the On Premise. October 31st – The latest US On Premise […]