Winc, the much lauded 11-year old online business that went public last year, has collapsed, despite $54.2m from venture capital investors including Bessemer Venture Partners, Shining Capital and Crosscut Ventures. Sherry-Lehmann, the 88-year-old Manhattan store faces a $3m unpaid tax bill and rumours of possible closure.
As European legislators have moved to require ingredient and nutritional information on wine labels (or via a QR code), US consumer groups have fought to achieve the same objective. After nearly 20 years, it looks as though they have one their fight.
A winery in Romania, home to Dracula, was pleased to receive an order from the US owner of a brand called Vampire. When they subsequently tried to sell other brands of their own such as Bloody Merlot, referencing the same myth, they came up against a litigious US system that proved very costly. W. Blake Gray offers valuable advice for would-be exporter to this enticing market.
Rosé wines are enjoying an extraordinary boom, but they are still struggling to command premium prices. But, as Roger Morris discovers, this situation is starting to change.
Head of the fourth largest wine business in California, and its biggest landowner, Fred T Franzia, who died on September 13, aged 79, was a spectacularly divisive character. Robert Joseph considers both sides of the story.
Following a decision by the the Environmental Protection Agency – EPA - US grape growers can continue to use Roundup to help to keep their vineyards free of weeds.
In 2021, thirsty US wine drinkers popped 69% more Champagne corks than the previous year. Some of that dramatic increase can be attributed to the impact of Covid on 2020, but sales are still growing and, as Sarah Philips McCartan reveals, France’s iconic fizz is not the only beneficiary of this trend.
Tradition demands the participation of individuals who are dedicated to preserving it. For the Trentino winegrowers’ cooperative Mezzacorona, this involves safeguarding the indigenous grape varieties Teroldego and Marzemino, showcasing their qualities both as monovarietal wines and in blends.