Posted: August 31, 2011 By Tim Fish
Posted: August 23, 2011 By James Molesworth
Posted: August 17, 2011 By Augustus Weed
Posted: August 15, 2011 By Diana Macle
Posted: August 8, 2011 By Tim Fish
Posted: August 3, 2011 By MaryAnn Worobiec
Posted: August 2, 2011 By Augustus Weed
Posted: July 28, 2011 By James Laube
When someone pays $40 million for a boutique winery in Napa Valley, as someone apparently did last month, it essentially means that everyone is for sale. Who would turn down $40 million for a 12-acre, 600-case operation, even if the Cabernet sells for $600 a bottle?
As rumors of the sale spread, several names were mentioned. When I asked a few owners about the numbers, and whether they would sell for that kind of price, all said they'd definitely consider it.
Posted: July 15, 2011 By Mitch Frank
Posted: July 11, 2011 By Suzanne Mustacich
Posted: July 11, 2011 By Augustus Weed
Posted: June 28, 2011 By Tim Fish
Posted: June 28, 2011 By Suzanne Mustacich
Posted: June 27, 2011 By Suzanne Mustacich
Posted: June 20, 2011 By James Laube
Posted: June 9, 2011 By Bruce Sanderson
Posted: June 6, 2011 By Alison Napjus
Posted: June 6, 2011 By James Laube
One thing I've learned about wine is this: You can never count anyone out.
Vineyards may get sold or replanted, but they seldom disappear. Brands that fail often take on second lives that are greater than their first go-round. Witness Charles F. Shaw, a.k.a. Two-Buck Chuck, which ended up selling hundreds of millions of cases after Fred Franzia resurrected the defunct name. Winemakers usually only bow out when they are too old and Father Time comes knocking.
That's why I expect the Seghesio family is merely shifting gears. They have sold their winery, perhaps for a handsome sum, which should put them in the position of doing what they want, giving them a new lease on life.
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