HEADS UP! – Eos Estate Sold To Bill Foley

October 29, 2010

Although no formal announcement has been made, multiple sources in the Foley organization told Wine Industry Insight late Friday afternoon that sales and marketing managers at Foley Family Wines are scrambling to nail down sales channels — both retail and wholesale — for Eos Wines. Eos Estate is sold through Albertsons, Bevmo, Ralphs, Safeway, and […]

New Calif “Instructional Tasting” License To Benefit Suppliers & Retailers in 2011

October 13, 2010

California retailers who want to hold instructional tastings for customers will no longer need permanent partitions in their stores or to apply for multiple  temporary licenses thanks to AB605 which takes effect Jan. 1, 2011. While the new license type doesn’t actually allow the retailer themselves to conduct a tasting (except under one special circumstance), […]

Cosentino Winery In Foreclosure, Owes Almost $20Mln, Liquidation May Be In Works

October 5, 2010

Cosentino Winery is in foreclosure. And unless a buyer such as Bill Foley — who has said he wants a high-profile Route 29 addition for  his collection — steps forward, winery assets may soon go into liquidation. Multiple, independently corroborating sources have told Wine Industry Insight that the winery’s largest creditors have struck a deal […]