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, May 26th

Newhouse Introduces Legislation to Expand Consumer Choice, Increase Market Access for Local Breweries & Wineries: Today, Rep. Dan Newhouse (R-WA) introduced the USPS Shipping Equity Act alongside Rep. Jennifer Wexton (D-VA) and 8 original House co-sponsors...

Afternoon Brief, May 12th

Vintage Wine Estates Cuts SKUs in Bid to Drive Down Costs: The company has also reduced its headcount and sold acreage on its vineyards...

Afternoon Brief, April 4th

Late Frost Ices Over French Vineyards, Threatens Fruit Crops: Temperature swing is threatening fruit crops across multiple countries...

Duckhorn Eyes Potential for More Winery Acquisitions Following IPO: Napa Valley wine executive Alex Ryan isn’t done making a splash with the Duckhorn Portfolio... The post Afternoon Brief, March 19th appeared first on Wine Industry Advisor. Url:https://wineindustryadvisor.com/2021/03/19/afternoon-brief-1825?utm_source=rss&utm_medium=rss&utm_campaign=afternoon-brief-1825 Published Date:Fri, 19 Mar 2021 19:38:37 +0000 

Duckhorn Debuts on New York Stock Exchange: Trading begins at $18.60 for Napa Valley–based luxury wine brand portfolio. Can it gain capital from an IPO while avoiding the pitfalls of public wine corporations?... The post Afternoon Brief, March 18th appeared first on Wine Industry Advisor. Url:https://wineindustryadvisor.com/2021/03/18/afternoon-brief-1824?utm_source=rss&utm_medium=rss&utm_campaign=afternoon-brief-1824 Published Date:Thu, 18 Mar 2021 21:38:25 +0000