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From: lewis.perdue@wineindustryinsight.com

Subject: NEWS FETCH - OCTOBER 1, 2010 - WINE INDUSTRY INSIGHT

Date: 2010-10-01 11:55:51

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October 1, 2010

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ORIGINAL WINE INDUSTRY INSIGHT CONTENT


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2010 HARVEST ROUNDUP HR5034 NEWS

ORIGINAL WINE INDUSTRY INSIGHT CONTENT


Nielsen: $10 Wines Lead Off-Premise Sales Amid Modest Price Cuts

Led by modest price cutting across all but the cheapest wines, wines costing just over $10 per 750ml, topped the off-premise sales gains dethroning over $20 per bottle wines which dropped to the number two position after leading the pack for most of this year. According to scanner data from The Nielsen Company for the four-week period ending Sept. 18, 2010, higherpriced wines came in third and fourth. Overall sales were up 4.6 percent with U.S. wines gaining 5.9 percent and imports up 1.7 percent.


PRICE SEGMENT GAINS OUTNUMBER LOSSES Five of the seven price categories also posted gains. Price gainers (by average bottle price) were:

  • $10.25, up 11.2%
  • $26.46, up 9.5%
  • $12.85, up 9.3%
  • $16.67, up 8.4%
  • $4.85, up 4.5%
Losing dollar volume were:
  • $7.11, down 2.3%
  • $2.23, down 2.9%
FULL SPREADSHEET AVAILABLE The Nielsen Company spreadsheet that includes the data on which this article is based is available here for VIP Premium subscribers. Even this full spreadsheet represents just a very small fraction of that available to Nielsen clients. PREVIOUS 2010 NIELSEN SCAN DATA IN WII

Cal Market Enforcement Denies License To Quaking Hills, Prosecutes 2 Other Wineries

The California Department of Food and Agriculture’s Market Enforcement Branch (MEB) has denied a license to Quaking Hills Winery, initiated court action against two wineries and and begun reviewing verified grower complaints against two more vintners. It is illegal in California to buy winegrapes without a processor's license from tye MEB. The following information comes from MEB records.

LICENSE DENIAL

Quaking Hills Winery Inc. Cloverdale, California 95425 License denied on August 24, 2010

PROSECUTION UPDATES

  • Jonathan M. Barber & Lorraine Shmulik dba Barber Cellars – Petaluma, CA: The Sonoma County District Attorney filed a misdemeanor complaint against Mr. Barber and Ms. Shmulik for operating without a license under the Food and Agricultural Code. Mr. Barber and Ms. Shmulik are alleged to have purchased wine grapes from producers in Sonoma County for the purpose of processing.
  • Robert Lynch dba Irish Monkey Cellars – Oakland, CA: The Alameda County District Attorney filed a misdemeanor complaint against Mr. Lynch for operating without a license under the Food and Agricultural Code. Mr. Lynch is alleged to have purchased California Farm product for the purpose of processing.
ARCADIAN, VJB GROWER COMPLAINTS INVESTIGATED The MEB received verified complaints against the following handlers and processors of California agricultural products during August 2010. These cases are currently under review.
  • Arcadian Winery Solvang
  • V J B Vineyard & Cellars Kenwood

Eos Estate Shareholder Iron Eagle Files Late Again on 10K Annual Report

The Iron Eagle Group (OTC: IEAG) has filed a notice with the Securities and Exchange Commission that it will be late filing its 10K Annual report. The company was almost four months late with its first 10K and has averaged a week late on its 10Q quarterly reports. According to IEAG's Sept. 28 SEC filing (below), "Corporation was not able to timely complete its financial statements to electronically file the required form." No reason was given. Formerly known as Pinnacle Resources, IAEG's largest shareholders include Eos advisers Joel A. “Jake” Shapiro and Jason Shapiro who, according to the company's SEC filings, own 48.84 percent of Iron Eagle. Jake Shapiro, is the former head of the now-bankrupt 360 Global Wine Company which once attempted to acquire Eos. The complete list of shareholders and directors is available to Premium VIP subscribers.

VIP Subscribers click here to read the complete, 1,317-word article.

Also In This Article:

  • IRON EAGLE'S TIGHT LINKS WITH EOS ADVISORS, SHARE HOLDER, BUYOUT BIDDER
  • SEC NOTIFICATION OF LATE FILING
  • SHAREHOLDER, DIRECTOR EXCERPT FROM IEAG'S DEF-14A, JULY 29, 2010

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================= 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