Posts Tagged ‘wine industry’
Annual State of the Wine Industry Report Forecasts Growth in 2015:- Increased Demand for Fine Wine Driven by an Improving Economy- 14-18% Sales Growth- Higher Bottle Prices according to a report released today by Silicon Valley Bank.
“We are seeing real strength in the U.S. economy going into 2015, which will increase demand for wine,” said Rob McMillan, founder of Silicon Valley Bank’s Wine Division and author of the report. “Declining oil prices are transferring wealth to oil-consuming countries, the employment picture is improving, the US dollar is strengthening and interest rates will move at a measured pace. As long as the industrialized world economies can hold their own, the middle-income consumer will see improved prospects. We’ll be toasting to that.”
“We are especially positive on the year ahead,” McMillan said. “We expect the fine wine business will experience accelerating growth, achieving 14–18 percent sales growth in 2015. At the same time, the cellars are full with several consecutive years of very good vintages.”
Based on a survey of nearly 600 West Coast wineries, in-house expertise and ongoing research, SVB’s Annual State of the Wine Industry report covers trends and addresses current issues facing the US wine industry. The report offers unique data and observations that help wine business owners and managers think critically about their business strategies.
Key findings and predictions:
Supply: We expect to see the third consecutive harvest of heavy yield and great quality across most appellations.
Sales Growth: After finishing the year at the top end of our predicted sales growth of 6% – 10% in 2014, we are predicting a breakout year of growth in the fine wine category in the 14%-18% range in 2015.
Pricing: While the large supply of wines in the cellars should normally indicate continued depressed pricing, we believe 2015 will be a year of both volume and price increases in the fine wine segment, driven by an improving economy and higher demand.
Demand: Wines priced below $7 a bottle performed poorly both on and off premise in 2014. This poor performance is likely to continue in 2015.
Planting: Grape planting is shifting regionally. Oregon and Washington are showing strong growth in planting on a percentage basis and we expect that this will continue for the foreseeable future given favorable quality and price dynamics relative to the fine wine growing regions in California.
All in all 2015 looks like it will be a good year for the industry and pretty good one for consumers. We wine lovers may end up paying a little more but the quality and variety of wines should be worth it.
( http://www.investorideas.com) a global news source covering leading sectors including food and beverage stocks issues the updated September wine stocks directory for investors.
As global wine consumption continues to rise, interest in participating in the sector has also grown. Separate from investing in publicly traded wine companies, a new crowdfunding platform dedicated to the wine industry has created an interesting way to play in the sector. Although participants do not get shares for their funding, they do get an equivalent in kind.
According to their site ( https://www.fundovino.com), it is free for donors and project owners to register on Fundovino and present a project. When a target amount is reached or exceeded, the funds are released to the project owner, after deduction of a 3% bank transaction fee and a 5% commission for Fundovino. If it is not reached, donors are eligible for a full refund.
Project owners accept a sort of “moral contract” with donors. When they receive their donations, they promise to offer an in-kind reward within a period of up to several months. This system is therefore based on trust between donors and project owners. By promising a gift in exchange for donations, project owners put their reputation on the line to satisfy their donors.
Wine Stocks September 2014
Andrew Peller A NV is a leading producer and marketer of quality wines in Canada. With wineries in British Columbia, Ontario, and Nova Scotia, the Company markets wines produced from grapes grown in Ontario’s Niagara Peninsula, British Columbia’s Okanagan and Similkameen Valleys, and from vineyards around the world. The Company’s award-winning premium and ultra-premium VQA brands include Peller Estates, Trius, Hillebrand, Thirty Bench, Crush, Wayne Gretzky, Sandhill, Calona Vineyards Artist Series, and Red Rooster. Complementing these premium brands are a number of popularly priced varietal wine brands including Peller Estates French Cross in the East, Peller Estates Proprietors Reserve in the West, Copper Moon, XOXO, skinnygrape and Verano. Hochtaler, Domaine D’Or, Schloss Laderheim, Royal, and Sommet are our key value priced wine blends. The Company imports wines from major wine regions around the world to blend with domestic wine to craft these popularly priced and value priced wine brands. With a focus on serving the needs of all wine consumers, the Company produces and markets premium personal winemaking products through its wholly-owned subsidiary, Global Vintners Inc., the recognized leader in personal winemaking products. Global Vintners distributes products through over 250 Winexpert and Wine Kitz authorized retailers and franchisees and more than 600 independent retailers across Canada, the United States, the United Kingdom, New Zealand, and Australia. Global Vintners award-winning premium and ultra-premium winemaking brands include Selection, Vintners Reserve, Island Mist, Kenridge, Cheeky Monkey, Ultimate Estate Reserve, Traditional Vintage, Cellar Craft, and Artful Winemaker. The Company owns and operates more than 100 well- positioned independent retail locations in Ontario under the Vineyards Estate Wines, Aisle 43, and WineCountry Vintners store names. The Company also owns Grady Wine Marketing Inc. based in Vancouver and The Small Winemaker’s Collection Inc. based in Ontario; both of these wine agencies are importers of premium wines from around the world and are marketing agents for these fine wines. The Company has entered into a partnership to market the Wayne Gretzky Estate Winery brands across Canada. The Company’s products are sold predominantly in Canada with a focus on export sales for its icewine and personal winemaking products.
AUSTRALIAN VINTAGE LTD together with its subsidiaries, engages in producing and marketing wine in Australia. The company offers its wine under the McGuigan, Miranda, Nepenthe, Passion Pop, Sunnyvale, Tempus Two, and Yaldara brands. It also owns, operates, manages, and develops vineyards primarily in the Sunraysia, Riverland, and Adelaide Hills regions in Australia. In addition, Australian Vintage Ltd offers packaged and bulk wines; and concentrate and winery processing services. The company sells its products through retail, wholesale, and distributer channels, as well as through regional outlets. Australian Vintage Ltd also exports its products to New Zealand, Asia, North America, the United Kingdom, and Europe.
BROWN FORMAN INC For more than 140 years, Brown-Forman Corporation has enriched the experience of life by responsibly building fine quality beverage alcohol brands, including Jack Daniel’s Tennessee Whiskey, Southern Comfort, Finlandia, Jack Daniel’s & Cola, Canadian Mist, Korbel, Gentleman Jack, el Jimador, Herradura, Sonoma-Cutrer, Chambord, New Mix, Tuaca, and Woodford Reserve. Brown-Forman’s brands are supported by nearly 4,000 employees and sold in approximately 135 countries worldwide.
Castle Brands, Inc. is a developer and international marketer of premium beverage alcohol brands including: Gosling’s Rum®, Jefferson’s®, Jefferson’s Presidential Select™ and Jefferson’s Reserve® bourbon, Boru® vodka, Pallini® Limoncello, Raspicello and Peachcello, Knappogue Castle Whiskey’®, Clontarf® Irish whiskey, Betts & Scholl™ wines, cc: wines™. Celtic Honey® liqueur, Brady’s® Irish Cream, A. De Fussigny® cognacs, Travis Hasse’s Original® liqueurs, Gozio® amaretto and Tierras™ tequila.
China Tontine Wines Group Limited sells over 20 different wine products in two main categories – sweet wine and dry wine under the “Tongtian” and “Tongtian Hong” labels. The Group has grown quickly since its inception in 2001. It ranked first in the PRC in terms of manufacturing volume of sweet wines in 2008, 2009 & 2010 and is also one of the “Top 10 PRC Grape Wine Industry Brands”. The Group gets its grape supply from Tonghua Ji’An region, which is a major mountain grapes producing region in the PRC and one of the few regions worldwide where mountain grapes can be cultivated. Through a sales network comprising over 70 distributors, the Group sells its products in 19 provinces and 3 municipal cities in the PRC. The Group places a lot of emphasis on the quality of its products. It has implemented a strict quality assurance system, and obtained ISO 9001:2000 certification in 2005 and ISO 9001:2008 certification in 2009. The Group was also awarded as “Authorized Company to Use Signs of the Geographic Indication Products” and the “Credit Management System Certificate” in 2011 and 2012 respectively. Under the auspices of the senior management team that are well-experienced in the industry, Tontine Wines is dedicated to achieve the corporate mission of the Group – To become a sweet wine expert in the PRC.
Citic Guoan Wine Co Ltd is principally engaged in the production and distribution of wine. Through its subsidiaries, the Company is involved in the farming of grapes, the distribution of wine, the processing and filing of wine, as well as the manufacturing of fruit juice wine, among others. The Company primarily offers grape wines with brands named NIYA, Strong and WESTERN, among others.
Compania Cervecerias Unidas S.A. is a diversified beverage company operating principally in Chile and Argentina. CCU is the largest Chilean brewer, the second-largest Argentine brewer, the second-largest Chilean soft drink producer, the second-largest Chilean wine producer, the largest Chilean mineral water and nectars producer, the largest pisco distributor and also participates in the rum and confectionery industries in Chile. The Company has licensing agreements with Heineken Brouwerijen B.V., Anheuser-Busch Incorporated, PepsiCo Inc., Paulaner Brauerei AG, Schweppes Holdings Limited, Guinness Brewing Worldwide Limited, Société des Produits Nestlé S.A., Pernod Ricard and Compañía Pisquera Bauzá S.A..
Constellation Brands is the world`s leading premium wine company that achieves success through an unmatched knowledge of wine consumers, storied brands that suit varied lives and tastes, and talented employees worldwide. With a broad portfolio of widely admired premium products across the wine, beer and spirits categories, Constellation`s brand portfolio includes Robert Mondavi, Clos du Bois, Blackstone, Arbor Mist, Estancia, Ravenswood, Ruffino, Jackson-Triggs, Inniskillin, Kim Crawford, Corona Extra, Black Velvet Canadian Whisky and SVEDKA Vodka. Constellation Brands is a S&P 500 Index and Fortune 1000® company with more than 100 brands in our portfolio, sales in about 125 countries and operations in approximately 30 facilities.
Corby Distilleries Limited portfolio of owned-brands includes some of the most renowned brands in Canada , including Wiser’s® Canadian whiskies, Lamb’s® rum, Polar Ice® vodka and McGuinness® liqueurs. Through its affiliation with Pernod Ricard, Corby also represents leading international brands such as Absolut® vodka, Chivas Regal®, The Glenlivet® and Ballantine’s® scotches, Jameson® Irish whiskey, Beefeater® gin, Malibu® rum, Kahlúa® liqueurs, Mumm® champagne, and Jacob’s Creek®, Wyndham Estate®, Stoneleigh® and Graffigna® wines.
Crimson Wine Group, Ltd. is a Napa, CA, based owner and operator of boutique, estate-based wineries that produce world class wines in the finest wine growing regions of California, Oregon and Washington. Crimson’s wineries include Pine Ridge Vineyards, Seghesio Family Vineyards, Archery Summit Winery, Chamisal Vineyards and Double Canyon Vineyards. Since its founding in 1991, Crimson has been committed to the preeminent appellations and vineyard sites of each region, a philosophy of hand-crafted quality and the highest respect for the land. Each CWG property produces distinct varietal wines that reflect the finest characteristics of their place of origin.
Diageo plc ( NYSE:DEO; LSE:DGE.L) is the world’s leading premium drinks business with an outstanding collection of beverage alcohol brands across spirits, beer and wine. These brands include Johnnie Walker, Crown Royal, J&B, Windsor, Buchanan’s and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Baileys, Captain Morgan, Jose Cuervo, Tanqueray and Guinness.
Diamond Estates Wine & Spirits is a producer, marketer and distributor of wines and spirits in Canada. The company operates two wineries in the Niagara region of Ontario producing VQA and blended wines under such well-known brand names as 20 Bees, EastDell, Lakeview, Dois Amigos, Hat Trick, Dan Aykroyd, Benchmark and Seasons. The company also imports fine wines and spirits from around the world and serves as the marketing and sales agent for these brands in all regions of the country. These brands include Fat Bastard wines from France, Fireball Whiskey Shooter from Canada, Hpnotiq Liqueur from France, Anciano wines from Spain, Francois Lurton wines from France and Argentina and a number of top bourbons.
For the full list and other stock directories: http://www.investorideas.com/membership/
Again we’re happy to have beat our friends at CNN to the story of wine in China. In 2010 we mounted 3 trips to China to explore the nascent wine scene and bring the growing Chinese wine movement to our community. And this is a story we’ve continued to follow. Now a new documentary aims to show how Chinese consumers are now the largest importer of Bordeaux wine and what this will mean for the rest of the world.