Chinese investors have made international headlines over the past year buying chateaux in France along with vineyards and wineries in Australia and New Zealand. Now a Chinese investment group has purchased Napa Valley’s Frazier Winery along with vineyards, land and an adjacent estate home. The $10,980,000 real estate was purchased out of three interrelated Chapter […]
Market Enforcement Branch Investigates Remy Cointreau + 4 Other Wineries
April 20, 2011
The Market Enforcement Branch of the California Department of Food & Agriculture is investigating verified complaints from growers against five winegrape purchasers including Remy Cointreau USA. Please visit this Wine Industry Insight article for more information about the MEB and its role. COMPLAINTS BEING INVESTIGATED Remy Cointreau USA Inc., New York Sevtap Winery, Buellton Alma […]
Constellation Report 8-K, April 5, 2011
April 19, 2011
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Robert, Richard Sands Split $25+ Million As Constellation Earnings, Share Prices Climb
Constellation Brands’ (NYSE: STZ) top two executives — Chairman Richard Sands and President and CEO Robert Sands — will split more than $25 million in cash and stock compensation according to the company’s current 8-K report filed April 5 with the Securities and Exchange Commission. The Constellation board granted bonuses and made incentive stock awards […]
Foley Hollowing Out Sebastiani To The Brand Level, Shedding Sonoma Assets?
April 14, 2011
Not as a brand, of course. There’s plenty of life in the Sebastiani name. But it looks increasingly as if Foley Family Wines is abandoning Sebastiani’s physical presence in Sonoma. Remember that Foley initially announced Sebastiani as the HQ of Foley Family Wines … then abandoned the Sonoma corporate offices and moved to Chalk Hill […]