The Nielsen Company’s off-premise sales data in four week increments from April 5, 2008 to March 6, 2010 offer a quick glimpse of the U.S. wine industry’s slow recovery from the Great Recession. Holiday sales comparisons between 2008 and 2009 offer he most visible indicator. Christmas and New Year’s sales for 2008 amounted to just […]

Ascentia Wine Estates and W. J. Deutsch & Sons have ended their exclusive distribution arrangement. Jim DeBonis, CEO of Ascentia Wine Estates told Wine Industry Insight that, “We simply felt it was the best move for us to go directly to our distributors and work with them.” WJD President Peter Deutsch was less sanguine and […]

Today’s bargain basement sale of the White Hills Vineyard by the Foster’s Group Ltd., has rattled players in the Central Coast vineyard market and sent them scrambling to figure out what it means for vineyard values. The sale comes as part of the Foster’s Group’s spinoff of “non-strategic” properties as reported by Wine Industry Insight […]

Eos Estate Winery and Vineyards in Paso Robles has been on the brink of collapse for months and is desperate for new investment to avoid bankruptcy, according to a lawsuit filed late Monday in San Francisco County Superior Court. Eos is part of a portfolio of brands owned by Sapphire Wines, LLC which was sold […]

The star-crossed purchase of Eos Estates by The Saint James Company — a self-professed penny stock shell which had no assets before the acquisition — appears uncannily similar to the 360 Global/Viansa debacle, this  according to public records and extensive interviews with attorneys, industry executives as well as financial and securities experts. See related Wine […]