Gallo Takes Another Bite of Napa with the Purchase of Massican // Value growth of New Zealand wine off the charts

September 1, 2023 - Wine Industry Insight Daily News Feed

Becca Yeamans
September 01, 2023

Today’s Top Story

Gallo Takes Another Bite of Napa with the Purchase of Massican

The world's biggest wine company is getting bigger with its second major purchase inside a week. Read the latest wine news & features on wine-searcher

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What You Should Know About the New Grapevine Insurance Program from USDA

Program will provide coverage for loss of grafted vines caused by natural perils such as freeze or fire.

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Winery lawsuit over 2020 wildfires in Oregon

Wineries in the Willamette Valley want PacifiCorp to pay $20 million for damage to grape crops caused by 2020 Labor Day wildfires. Lawsuits filed in Yamhill, Polk, and Lane counties contend that negligence on the six-state utility’s equipment sparked wildfires and its Oregon operation, Pacific […]

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Finance, M&A, & Real Estate

Cherubino Wines acquires Australia’s Margaret River Winemakers

Cherubino Wines has announced the acquisition of fellow Australian winery and spirits brand Margaret River Winemakers.

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Agua Dulce Winery in Santa Clarita Valley hits the market

The Santa Clarita Valley’s most expensive real estate listing this month is not just a home, it’s a vineyard, according to the listings available from the Southland Regional Association of Realtors. Agua Dulce Winery, at 9640 Sierra Highway, is for sale at an asking price just shy of $15 million, according to the Realtor representing the […]

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Environment, Climate, Wildfires & Smoke

Bay Area wine leaders on sustainability, navigating industry challenges and opportunities

Wine means different things to different people. But for panelists gathered for this past August’s Bay Area Wine Summit at Saint Mary’s College in Moraga, California, wine means business.

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Ackley Brands to build Demeter-certified custom-crush facility in Oregon

Ackley Brands plans to open the Pacific Northwest's first Demeter-certified Biodynamic custom-crush facility in 2024 in Hillsboro, Ore.

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Harvest 2023

Incomparable vintage in Champagne features heaviest bunches on record

Ahead of harvesting, which is due to start next week, winemakers are talking about an incomparable vintage in Champagne with the heaviest bunches ever recorded.

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"It's not going to be an easy one": Central Coast vineyards to see late harvest after winter storms

One of the Central Coast’s biggest industries is still grappling with the after-effects of this year's winters storms. This year's harvest season could happen months later than usual.

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Regulations & Legal Matters

Oregon wine industry revives legislative caucus

After several years of dormancy, the Oregon wine industry is reviving a legislative caucus to support winegrowers at the State Capitol.

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How Alcohol Regulators Become Tools of Wholesalers

Earlier this week I sat in a ballroom in Philidelphia, Pennsylvania, and listened to one of the elder statesmen of the alcohol industry implore those in attendance to “Stop the squabbling between manufacturers, wholesalers, and retailers. It’s utterly unacceptable behavior, utterly shortsighted, and distracting from what we need to get done.”

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Investing in Wine, Collecting & Auctions

Must! Charities Raises Upwards of $2 million at wine industry party with a PURPOSE

Wine industry and business leaders from across the country once again came together at Must! Charities’ PURPOSE event with a shared passion to give back — and the results were astounding. Indeed, in only its third year, PURPOSE raised nearly $2 million, generating over $5.5 million in its three-year rise to fame.

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Cult Wines lays off sales team in Singapore

Fine wine investment company Cult Wines has laid off its entire sales team in Singapore, the drinks business has learnt.

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Wine Industry Professionals

Italy Gets a Second Master of Wine

Andrea Lonardi Master of Wine, is one of a new wave of Italian wine professionals. Reading time: 1m 15s

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How the McBride Sisters Are Building a New Legacy in California Wine Country

Robin and Andréa McBride, the sisters behind the McBride Sisters wine collection, talk about their journey as business owners, winemakers, family, and now, owners of a new winemaking property in Carneros, known as M Ranch.

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Wine Supply & Consumption

Ozempic Cuts Alcohol Cravings. Liquor Companies Aren’t Ready.

GLP1 drugs are poised to reshape the weight-loss market and US waistlines. There are implications for booze companies, too.

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Less Red, More Orange —Sommeliers Are Spotting A Shift In Wine Styles

Chilled reds, less orange wine, and a shift in red wine styles

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Today’s Most Interesting Wine Industry Data

Trends in world wine production and consumption from 1996 through 2021.

Source: Meininger’s International

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Gallo Takes Another Bite of Napa with the Purchase of Massican // Value growth of New Zealand wine off the charts

September 1, 2023 - Wine Industry Insight Daily News Feed

Today’s Top Story

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In Case You Missed It

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Finance, M&A, & Real Estate

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Environment, Climate, Wildfires & Smoke

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Harvest 2023

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Regulations & Legal Matters

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Investing in Wine, Collecting & Auctions

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Wine Industry Professionals

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Wine Supply & Consumption

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Today’s Most Interesting Wine Industry Data

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