← Return to Archives - Subscribe to FREE NewsFetch Email Newsletter
From: lewis.perdue@wineindustryinsight.com

Subject: $20+ Segment Revives, Diamond Oaks Action Not Fraud, Cosentino License Suspended - WINE INDUSTRY INSIGHT - EMAIL EDITION

Date: 2010-02-25 15:36:16

To: Emailing List Subscriber
Please use CMD+F (Mac) or CRTL+ F(Windows) to find your specific search term within this issue of NewsFetch. This "double search" is due to our links sourcing from websites not within WineIndustryInsight.

WINE INDUSTRY INSIGHT

Click this link for much more news at wineindustryinsight.com

EMAIL EDITION - VOLUME II, NUMBER 8 - February 25, 2010

To UNSUBSCRIBE to this free email edition Click here: [UNSUBSCRIBE]

To SUBSCRIBE to the free email edition, click this link.
Access the complete email edition archive here.


SPONSORED BY:

Wine Web
Check out our NEW Winery Tour Planning Tools!
IN THIS ISSUE:
  • Jan. Nielsen Data: $20+ Revives, Domestic Brands Outpace Imports Almost 7:1

  • Diamond Oaks Vineyard Transfer Not Fraud Judge Rules

  • Cosentino Gets Brief CDFA License Suspension




Jan. Nielsen Data: $20+ Revives, Domestic Brands Outpace Imports Almost 7:1

While neither the recession nor bargain-basement mania have run their course, Nielsen Company data from January shows a lot of life at higher price points. The news is good overall with all wines monitored by scanner data rising 5.1 percent for the four week period ending Feb. 6. That aggregated number, however, hides some interesting specifics.

(NOTE: The Nielsen Company spreadsheet that includes the data on which this article is based can be found here here for free. This data represents a very small fraction of that available to Nielsen clients.)

Original analysis, interpretation and custom calculations
performed by Wine Industry Insight and based on data from The Nielsen
Company and the complete WII article are available to VIP Premium
Subscribers.

The original analysis, interpretation and custom calculations performed by Wine Industry Insight and based on data from The Nielsen Company and the complete WII article are available to VIP Premium Subscribers. Wine Industry Insight does not sell or market data from the Nielsen Company.

Perhaps most encouraging is a 5.4 percent increase in dollar volume for wines in the $20+ price segment. What’s more, that increase came without price cutting. Indeed, the average priced 750ml in this segment sold for $25.54, up $0.16 from a year ago. This represents an increase of 0.64 percent.

VIP Subscribers click here to read the complete, un-redacted article.

Also In This Article:

  • $9-$11.99 GREW FASTEST OF ALL PRICE SEGMENTS
  • PRICE CUTTING EFFECTS?
  • DOMESTIC BRANDS CONTINUE TO BATTER IMPORTS
  • GAMAY TANKS, RIESLING SOARS 12.5% FOLLOWED CLOSELY BY PINOT, SAUV BLANC

Not A Subscriber Yet?

Subscribe now, and get the rest of this article and everything else in every article on the site every day, including the Data Cellar for just$9.99 per month or $115.88 per year. Click here for more details.




ALSO SPONSORED BY:

Hinman &
Carmichael,Alcoholic Beverage Law


Diamond Oaks Vineyard Transfer Not Fraud Judge Rules

Dinesh Maniar’s transfer of two Napa Valley Vineyard Properties to Diamond Oaks Vineyards shortly before its Chapter 11 filing was legitimate estate-planning and not fraud as alleged in an October 2009 bankruptcy court proceeding.

VIP Subscribers click here to read the complete 500-word article.

  • CLOSE TIMING OF VINEYARD TRANSFERS AND CH11 AT ISSUE
  • JUDGE RULES TRANSFER WAS ESTATE PLANNING FOR SERIOUSLY ILL MANIAR
  • “NEW DEBTOR” SYNDROME AT ISSUE
  • HARTFORD’S ARGUMENT FLAWED

Cosentino Gets Brief CDFA License Suspension

Cosentino Signature Enterprises LLC has had its processor’s license suspended for three months for failing to pay winegrape growers for fruit purchased from the 2008 vintage. The suspension begins March 1. The company, which owns Cosentino Winery among other brands, will not legally be able to purchase grapes until the end of May.

Agatha D’Esterhazy, MEB Branch Chief told Wine Industry Insight that Cosentino’s progress in making grower payments will be reviewed at the end of the suspension.

CDFA MARKET ENFORCEMENT BRANCH FILED CHARGES IN MAY 2009

The Market Enforcement Branch (MEB) of the California Department of Food and Agriculture (CDFA) filed an accusation against Cosentino on May 23, 2009 after complaints of non-payment by 40 growers totaling more than $1.6 million, according to the written decision ($ VIP subscriber content) by Administrative Law Judge Perry O. Johnson .

Johnson presided over hearings on Aug.31, 2009 (WII coverage) and Nov. 10, 2009 (WII coverage) and rendered his decision Dec. 14. His decision was approved by the CDFA on Feb. 4 and sent to Cosentino Feb. 17.

Carpenter Ranch, the largest grower among those who complained, has filed its own separate lawsuit to recover more than $500,000 owed.

VIP Subscribers click here to read the complete, un-redacted article.

Also In This Article:

  • JUDGE SAYS “REVOCATION WARRANTED” BUT EFFORTS TO PAY GROWERS MADE SENTENCE LIGHTER
  • 2007 MEB PROBATION FULFILLED, NOT RELEVANT IN THIS PROCEEDING

Subscribe now,

and get the rest of this article and everything else in every article on the site every day, including the Data Cellar for just$9.99 per month or $115.88 per year. Click here for more details.


Sponsored By:
Barrel Builders

================= CONTACT DATA ====================
Lewis Perdue
670 W. Napa St., Suite H, Sonoma, CA 95476
Phone: 707-326-4503, fax: 707-940-4146
Email: lewis.perdue@wineindustryinsight.com