October 2023

Australia-based wine company, Treasury Wine Estates (TWE) announced on Monday that it agreed to purchase the popular California winery, DAOU Vineyards, for up to $1 billion. The deal, which was settled for an upfront consideration of $900 million, plus an additional earn-out of up to $100 million, is expected to be completed by the end …

Treasury Wine Estates Acquires California’s DAOU Vineyards in $900 Million Deal Read More »

The wine industry is grappling with uncertainty in a rapidly changing economic landscape, leaving winery owners, grape farmers, and wine sales teams in a state of flux. Wineries were already […] The post Stability Amid Chaos: Finding Safe Harbor from Wine Industry Challenges appeared first on Wine Industry Advisor.

HotSpot AG understands the importance of applying the right amount of water to the right spot in the field at the right time. Owner James Nichols has experienced the challenges […] The post Take Control: Farm Management Simplified with HotSpot AG appeared first on Wine Industry Advisor.

Tito’s Vodka is the best-selling vodka brand in the country, both nearly ubiquitous and fairly affordable, if not exactly cheap, at around $22 for a 750-milliliter bottle. But if, like many people, you’re willing to consider an upgrade, check out the recently released Chopin Vintage Vault, a 30-year-old, 100 percent potato-based spirit from Poland that …

The Many Factors Fueling Premiumization in the Spirits Space Read More »

It is the fastest-growing luxury wine brand in the United States over the past year, according to data from Circana Market Advantage. Treasury Wine Estates (TWE) will pay $900m up front to purchase Daou Vineyards, plus an additional earn-out of up to $100m. CEO Tim Ford said: ‘The US is the world’s largest wine market …

TWE buys Daou Vineyards in California for $1bn Read More »

A native of Burgundy, Chardonnay’s “blank slate” adaptability and forgiving viticulture have helped make it a favorite grape among winemakers around the globe. Its popularity has led to a wide variation of styles with tasting notes that can range from crisp and mineral, ripe and tropical, or spiced and fruit-forward. Less palatable, though, are the …

We Asked 24 Sommeliers: What Chardonnay Offers the Best Bang for Your Buck? (2023) Read More »

Rarely have bar fights made history. And in the case of the so-called “Battle of Brisbane,” it almost didn’t. It was the end of November 1942, not yet a full year since the attack on Pearl Harbor. World War II was waging on, and General Douglas MacArthur had stationed some 40,000 American troops in Brisbane, …

The Two-Day WWII Bar Fight That Was Almost Lost to History Read More »

Are infused spirits on the rise again? Based on Adam’s recent experience with a banana-infused Negroni (that actually wasn’t that bad) the answer seems to be yes. However, many would argue that infused spirits give bartenders an all too easy — and dare we say gimmicky — way to claim a slightly tweaked classic as …

The VinePair Podcast: Wait, Are Infused Spirits Trendy Again? Read More »

Napa, CA – October 30, 2023 – In the wake of the devastating 2020 wildfires, Napa Valley Community Foundation (NVCF), in partnership with Napa Valley Vintners and Napa Valley Grapegrowers, is […] The post Wildfire Resilience Summit: Shaping a Resilient Tomorrow, Together appeared first on Wine Industry Advisor.

Rudy Back in the Fake Wine Game: The world’s most notorious wine counterfeiter is at it again – this time with his clients’ blessings… The post Afternoon Brief, October 30th appeared first on Wine Industry Advisor.