All of the non-family shareholders in Grupo Codorniu are disappointed in the company’s financial performance and are shopping a prospectus to sell their holdings. According to sources in Europe and confirmed by other international players who have shared parts of the prospectus with Wine Executive News, the non-Ravento-family holdings amount to 20% of the Spanish […]
Codorniu Mismanaging Aveniu Brands Into The Ground (from WEN 2014)
Codorniu has steered Aveniu Brands toward disaster, thanks to the Spanish firm’s long-distance micromanagement and an inability to move quickly in a changing market. Insiders and sources close to the ongoing trials and tribulations say that Aveniu has lost its largest winery client, many other major brands, is on the verge of losing more and, […]
Winc (Formerly Club W) comes in at #7 In WII’s Winetech funding survey
June 27, 2018
Relevant links For this start-up, the secret to selling wine online is making it yourself “Club W” Rebrands as “Winc” Previous Wine Industry Insight/Wine Executive News winetech funding profiles: Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding At $53 million, Drizly places #4 in winetech funding, but #1 […]
Cause-Marketing wine company ONEHOPE Raises $33 Million with record number of investors
June 19, 2018
Cause-marketing wine sales company ONEHOPE has raised at least $33 million from at least 44 investors — most of them individuals. The amount raised puts them in the number 8 position in Wine Industry Insight’s wine venture funding series despite the fact that the most recent finding round amount has not been publicly disclosed. In […]
Lot 18 funding: $44.5 million good enough for 6th place in winetech venture funding
June 13, 2018
Lot 18 has raised a total of $44.5 million, good enough for sixth place in wine-tech venture funding behind eSkye Solutions which is no longer an independent company.
At $53 million, Drizly places #4 in winetech funding, but #1 in the total number of investors.
June 6, 2018
Local alcoholic beverage delivery service Drizly has rasised a total of $53 million so from 23 total investors — 19 in one single round! According to financial and credit rating site estimates, Drizly has annual revenues of $2.2 million and 76 employees. Recent Drizly News Adult Beverage E-commerce Leader Drizly To Open San Francisco Tech […]