Afternoon Brief: Treasury Wine Estates Rejects Bankruptcy Speculation
Australia's largest wine producer has dismissed claims that rising debt could push the company towards bankruptcy. Treasury Wine Estates says it has sufficient liquidity despite heavy short selling and a sharp fall in its share price...
Afternoon Brief: AB 720 Passes - Milestone Win and New Era for California Winery Experiences
Wine Institute today applauded the California Legislatures passage of AB 720, allowing wineries to host a limited number of events at estate vineyard properties beyond their bonded winery site, representing a milestone win for California wineries and wine lovers alike...
Afternoon Brief: US Wine Trade Alliance Urges Final Wine Exemption as US-EU Tariff Agreement Advances
Following this weekend's announcements, The U.S. Wine Trade Alliance (USWTA) is urging U.S. trade officials to ensure that wine is included in the list of exempted goods under the new transatlantic trade framework...
Afternoon Brief: The Plight of California's Grape Growers
As vines are pulled and grapes left unpicked across California, farmers blame tax loopholes, import incentives, and sluggish demand. Now, some ask, can tariffs provide much-needed relief?...
Afternoon Brief: National Association of Wine Retailers Statement on Tariffs
The NAWR believes free and fair trade is the cornerstone of a robust wine economy both in the US and internationally. When barriers to trade between countries are erected, the wine industry in the United States suffers, as do wine consumers who pay higher prices...
Afternoon Brief: Taste Washington Sees Record Attendance
Over 7,500 guests attended the Grand Tasting, which took place March 15th and March 16th at Lumen Field Event Center in Seattle. More than 1,000 people attended other Taste Washington signature events...
Afternoon Brief: Champagne's Loss Is California's Gain
Wine consumption overall is on the decline, reaching its lowest point since 1996. And while California sparkling wine is far from immune to the gloom, the sunshine state is finding areas of the market that is leveraging with great success, albeit in a few different ways and often simultaneously...
Afternoon Brief: Updated - US Pauses Tariffs on Canada, After Wineries in Both Nations Faced Trade Barriers
The U.S. and Canadian governments agreed to pause their tariff battle for one month. Canada had threatened 25 percent tariffs on American wine and spirits, and Ontario and British Columbia pulled California wines from stores...
Afternoon Brief, May 21st
Feds Prepare to Call Wine Unsafe: Fears are rising that health authorities in the US will label wine as unsafe to consume in any quantity...
Afternoon Brief, May 13th
US Wine's Tricky Path to Recovery: Prices are down and regulation is up, offering a outlook bleak to US wine producers – but there are faint signs of hope...