NEWSFETCH - January 29, 2010

IBG Funding - Investor Update From CEO Jansen
Major New Study: Mediterranean diet good for the heart
Frugal Habits to Continue in 2010 and Beyond
Grape growing, fish protection clash in California
Washington wine industry continues growth
Plant flavanoid may help prevent leukemia
Aussie crush down but exports rise
Family Winemakers of California Elects Leadership for 2010
Foreign wine invades Aussie market
OZ: [...]

IBG Funding - Investor Update From CEO Jansen

Several investors in Inertia Beverage Group sent Wine Industry Insight the following email update they received from Ted Jansen, President and CEO.
The email is being reproduced in its entirety with Jansen’s permission.
Sent: Tuesday, January 26, 2010
Subject: IBG - Investor Status Update
Dear Investor –
The purpose of my note is two-fold – 1) to provide you [...]

NEWSFETCH - January 28, 2010

California wine sales drop
Wine Industry Searches for Good News
Champagne shows signs of recovery
UK: Buoyant January fuels fine wine investment optimism
Vinexpo chief sees the future in Asia
Imports help overall U.S. wine sales; end of ‘09 better; slow recovery seen
Recession puts cork in 2009 U.S. wine sales
Wine fund offers investment opportunity
Led by Facebook, Twitter, Global Time [...]

NEWSFETCH - January 27, 2010

Texas Direct Shipping Law Upheld by Fifth Circuit Court of Appeals
SWA Applauds Fifth Circuit Decision Upholding States’ Rights and the Three-Tier System
U.S. speeds up water deliveries to San Joaquin Valley farmers
Beer Distributors Laud 5th Circuit Ruling Supporting Texas Alcohol Laws
California farmers get millions for overseas promotions
Vinfolio seeks bankruptcy protection
Constellation [...]

IBG Closes $14 Million Round, Small Investors Riled At Terms

Inertia Beverage Group (IBG) has closed on the $14 million funding round announced in December and should have the money in the bank Jan. 26, CEO Ted Jansen told Wine Industry Insight today.
“It’s been a long tough series of months,” Jansen said, “so this is a good news day for us.”
Jansen said the offering still [...]

NEWSFETCH - January 26, 2010

Australian initiative to asses viability of its wineries
Passion for wine transforms banker into vintner
Calif Storms make for ‘average’ water year
TTB Targets Advertising, Labeling, and Contents Compliance
PDF: Allied Grapegrowers Supplement to the Unified Symposium presentation
Obama to California “Water, It’s Not a Right it’s a Privilege”
Presenting a wine bottle is a disappearing courtesy
Constellation Brands to Prepay [...]

NEWSFETCH - January 22, 2010

No Sanctuary in Sumptuary? Brown-Forman Threatens Sonoma Winery
Smarter Shoppers Demand Personal Engagement
Labor investigators file complaint against Fresno grower
Idled Central Valley ethanol plant to be restarted
NZ: Villa Maria partners with Ste Michelle
Alcohol industry entices youth, report
State frost protection water meeting a disappointment
Local water control lost because of two giant SoCal cotton corporations
Diageo spent heavily to [...]

No Sanctuary in Sumptuary? Brown-Forman Threatens Sonoma Winery

Sanctuary implies shelter and Sumptuary applies to frugality laws.
But the vastly entirely different definitions have provided a small Sonoma winery no protection at all from Brown-Forman’s high-powered lawyers who think the names are so similar that they will confuse consumers.
Tom Meadowcroft, owner and winemaker of Meadowcroft Wines in Sonoma County says he has agreed to [...]

NEWSFETCH - January 21, 2010

Blanche Mondavi Dies
Washington pumps $13 Million to California for pest wars
Unified Symposium: Wine show rises above event horizon
Restaurant Assn forecasts a better year ahead
Missouri winery sues to halt Iowa sales law
Maniar Sells Diamond Oaks Winery to Bill Harlan
UK: Portman hits back at ad attack
Environmentalists sue over state attack on moth
IL: Development would pair houses [...]

Does “Trading Down” Really Exist?

“Trading Down” has become the wine industry’s simple explanation for this Great Recession’s shifting consumer wine demand, but it may not actually exist in the way many seem to think.
A detailed slicing and dicing of the data shows that — at the very least — it is not a strictly price driven phenomenon, is far [...]