The stage is set for the U.S. wine industry to enjoy a better year in 2014 than it did in the slow-growth year of 2013, according to a panel of industry analysts who addressed the Western Hemisphere's largest audience of winemakers and grapegrowers Wednesday at Unified
Sales by Acker Merrall & Condit Co., Christie's International, Sotheby's, Zachys Wine & Liquor Inc. and Hart Davis Hart Wine Co. dropped 15 percent to $278 million in 2013, according to data compiled by Bloomberg.
The Perrysburg-based maker of bottles and other glass containers reported annual earnings of $184 million, or $1.11 per share for 2013, the same as it had in 2012. The company had revenues of nearly $7 billion in 2013, also the same as in 2012.
California's drought is threatening a major industry in the state -- one that's particularly important to the Bay Area. Grape growers are facing serious challenges and they're already taking big steps to avoid a disastrous year
Profit before interest, tax and other items dropped to between A$42 million ($37 million) and A$46 million in the six months ended Dec. 31, from A$73.4 million a year earlier, the Melbourne-based company said.
Hollywood actress Gabrielle Union announced today the launch of a new wine, Vanilla Puddin', a 2012 Napa Valley Chardonnay produced in partnership with John Truchard, President and CEO of JaM Cellars, and R.C. Mills, President and CEO of The Brand Elite
Of the 11 applicants from Chiesa's supervisorial District 2 (Turlock, Denair, Hughson), three are from agribusiness, four have ties to irrigation districts, two are elected officials from Turlock and Hughson, and the others are a well driller and schoolteacher
While there are more than 600 exhibitors, wine tasting is one of the more popular attractions for attendees. People will be able to taste wine from 18 associations. Organizers expect 10,000 wine glasses to be used because of the wine tasting