

Afternoon Brief: More Woes for Wine Industry
Just a month before it was set to open, the private equity firm that bought Duckhorn in December announced that it is winding down the Paraduxx brand...

Afternoon Brief: Duckhorn to Consolidate Portfolio, Close Tasting Rooms
The US luxury wine group will prioritise investment in Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer, alongside Goldeneye, Calera, and Greenwing...

Afternoon Brief: Class Action Says Alberstons, Safeway Wine 'Member Price' Sales Are False
A proposed class action lawsuit accuses Albertsons Companies of deceptively employing fake strikethrough reference prices for wine, misleading consumers into thinking they are getting a bargain...
Sonoma-Cutrer Announces 2024 Winemaker’s Release: Les Plus Haut Pinot Noir
WINDSOR, Calif., June 26, 2024 – Today, award-winning California producer, Sonoma-Cutrer, announces the release of Les Plus Haut Pinot Noir, part of its highly-anticipated annual Winemaker’s Release series. The Winery’s Winemaker’s Release is […]

Afternoon Brief, April 29th
Labor Department Sets Sweeping New H-2A Foreign Guestworker Rule: The U.S. Department of Labor has adopted a new rule it said will protect foreign seasonal farmworkers from being abused, imposing sweeping regulations the head of an agricultural employers association called "offensive."...

Afternoon Brief, November 20th
Extreme Weather and Falling Demand Are Pushing Wineries into the Red: High input costs and declining consumption are adding to the woes of small, independent wineries...


Afternoon Brief, November 16th
The Duckhorn Portfolio Announces an Agreement to Acquire Sonoma-Cutrer Vineyards: The Duckhorn Portfolio, Inc. (NYSE: NAPA) (the “Company”) announced today that it has entered into a definitive agreement to acquire Sonoma-Cutrer Vineyards (“Sonoma-Cutrer”), one of the largest luxury Chardonnay wineries in the U.S., from Brown-Forman Corporation (“Brown-Forman”), for approximately $400 million to be paid in a combination of Company stock and cash...

