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International winery leaders call for support of 2050 net zero emission goal

CAUTION: Badly written, self-indulgent, self-congratulatory news release ahead.   The actual worth of the words is devalued by an over-stuffed headline composed by someone without news judgment or actual journalism experience (or has forgotten or been coerced by to abdicate that by the powers that be.)   There may be actual important information here, but […]

Vintage Wine Estates launches new lifestyle platform with Shark Tank’s Kevin O’Leary

NEWS RELEASE – NOVEMBER 4, 2021   New platform offers specially curated products and an exclusive sneak peek into the Mr. Wonderful Lifestyle   HEALDSBURG, Calif., November 4, 2021: Today, businessman, author, politician and television personality Kevin O’Leary — also known as “Mr. Wonderful,” has launched Shop Mr. Wonderful — a new lifestyle platform in […]

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No, Chlorpyrifos was not invented by Nazis and is not related to Zyklon B

When writing about scientific topics, it is vital to go to original, credible sources. Neither this recent Register article nor many other ill-documented articles cite original and credible sources. And all of them are wrong.   Zyklon B First of all, Zyklon B is hydrogen cyanide.   It has been used as a pesticide (among […]

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Which States Are Best For DTC Wine? Free Tool separates the winners from the losers.

NEWS RELEASE – Healdsburg, CA, August 10, 2021 — DTC can be a profitable path to success for many wineries, but some states are just not worth the time and effort.   To help wineries sift the gold from the sand, Captina CompleteDTC has created a free tool to help determine which states make economic […]

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Can Palate Club Blend Algorithms and Sommelier Expertise Into a Wine Club? (Actually, No, But They Are Not Alone.)

  DISCLOSURE: Wine Industry Insight Publisher Lewis Perdue has designed and implemented 4 wine recommenders over the past 25 years, beginning during the time he was the founding publisher of Wine Business Monthly. With each implementation Lew learned the source of how the system failed. Then he built another system correcting the newly discovered problem. […]

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Calif Wine Grape Acreage Continued to Decline in 2020: USDA

  California’s 2020 wine grape acreage dropped 11.1% over 2019 for a total of 620,000 acres. Of the total grape acreage, 580,000 were bearing while 40,000 were non-bearing. This according to the latest USDA 2020 Grape Acreage Report (PDF)   The leading wine-type varieties continued to be Chardonnay and Cabernet Sauvignon. Flame Seedless was the […]

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NielsenIQ Shows On-Premise Spirits with no growth since end of pandemic. Beer off -2.2%; Wine down -8.1%

NielsenIQ Beverage Alcohol Update Week ending March 13, 2021 Unless otherwise noted, data and insights below are for the week ending March 13, 2021, compared to the same week last year in NielsenIQ off premise channels. Wine Sparkling led growth in off-premise wine. Table wine declined by 12.4%, while sparkling wine grew by 18.2%. French […]

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DEADLINE EXTENDED: Silicon Valley Bank DtC Winery Survey NOW ends March 26

NEWS RELEASE – MARCH 19, 2020 SVB’S Annual Direct to Consumer Wine Survey now ends March 26th Click here to take the survey The deadline for completing the SVB’s Annual Direct to Consumer Wine Survey has been extended to March 26th at 11:59 p.m. PST.   This final week will be your last chance to complete the […]

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Understanding SPACs

A SPAC — Special Purpose Acquisition Company (also known as a “blank check” company) — is a relatively simple concept…in theory: Form (and fund) a Sponsor entity to move the process forward. Create a NewCo (SPAC) whose sole purpose is to create a public shell. NewCo designed to do nothing but raise money and merge with […]

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Crimson Wine to restate 3+ years of financial results after independent review of “unreliable” accounting errors

  Crimson Wine Group will be  restating “unreliable” financial results for three fiscal years ended December 31, 2017, 2018 and 2019 after an independent review is completed, according to the company’s SEC 8-K Report of Dec. 22, 2020   According to the 8-K,  the reviews “relate to the allocation of costs to bulk wine inventory, […]

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