![]() |
![]() ALSO SPONSORED BY: ![]()
Wine Industry Insight |
![]() |
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 […]
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 […]
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, […]
PROPOSITION 19: PROPERTY TAX AND ESTATE AND GIFT TAX ALERT By Robert M. Fanucci, J.D., Master of Laws (LL.M.) Taxation, New York University Gagen, McCoy, McMahon, Koss, Markowitz & Fanucci Although the passage of Proposition 19 creates some limited benefits by expanding property tax “portability” benefits that permit taxpayers over 55, victims of natural […]
Grand claims of a “magic bullet” require data to be credible otherwise, it’s just more marketing hype: Amorim Announces Enhancements to Eliminate Cork Taint. Amorim’s claims come with no proof. Where is the testing data from an independent third party that has tasted “n” number of corks which they were allowed to randomly […]
NEWS RELEASE – December 7, 2020 Andy Beckstoffer of Beckstoffer Vineyards today announced the restructuring of his family’s farming and vineyard operations, separating the farming operations from vineyard ownership. Beckstoffer Vineyards will continue to own all vineyards under the family trust. A new Corporation, Beckstoffer Vineyards Farming Services Company, will be formed to operate […]
CONSTELLATION BRANDS AND E. & J. GALLO SIGN AGREEMENT WITH FEDERAL TRADE COMMISSION STAFF RELATING TO CONSENT ORDER ON PENDING TRANSACTION; CONSTELLATION PROVIDES BUSINESS UPDATE FOR FISCAL 2021 VICTOR, N.Y., Nov. 9, 2020 – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it and E. & […]
NEWS RELEASE Ste. Michelle Wine Estates October 28, 2020 WOODINVILLE, Wash. – Ste. Michelle Wine Estates announces the retirement of Jim Mortensen, President and CEO, effective November 1, 2020. “The opportunity to work at Ste. Michelle Wine Estates was a wonderful privilege. I am immensely proud of the work this organization has accomplished,” […]
The Glass Fire in Northern Napa and Sonoma Valleys is contained now and headed for the record books — even as Red Flag Fire Warnings are currently extended because of possible new dangers from low humidity and new Diablo winds — hot, dry, how howling gusts out of the Northeast sometimes topping 90 mph at […]
James Martin, owner, CEO and Founder of Copa di Vino, emailed Wine Industry Insight a statement on the Shark Tank wine scammer: “Joseph Falcone did not pitch Copa di Vino on Shark Tank, nor was he ever an investor in the product. I was the only person to appear on the show on […]