Kane's Beverage News Daily

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Joel Whitaker

A Businessman's Only Certainty: Change; More Bankruptcies, Receiverships Coming

In Thursday's Daily, I noted that the cause of the Gundlach Bundschu bankruptcy was a result of two things: borrowing more than current sales can support and rising interest rates. It's easy to wag a moralistic finger at the Bundschus and Signorellos, whose winery is in

Oldest Brewpub in America Closing

Triple Rock Brewery & Alehouse in Berkley, Calif.. plans to close by the end of the year, after more than 40 years in business. Brothers John and Reid Martin, who started the brewpub are ready to retire. “After 40 years, we are ready to spend less time navigating the day-

Lettie Teague Joins New York Sun

Lettie Teague, the longtime wine columnist of The Wall Street Journal, has joined The New York Sun in the same role. Teague held the position at the Journal for sixteen years where she drew readers for her plainspoken intelligence about what is worth drinking and why. She will now write

Jean-Charles Boisset Purchases Artesa Winery

Jean-Charles Boisset, president of Boisset Collection, has purchased Artesa Winery in Carneros from Raventós Codorníu, the Wine Spectator reported. The transaction includes the Artesa brand and estate, totaling 350 acres of land, with 150 planted to grapevines across the Carneros and Mt. Veeder appellations, as well as a winery

Why Gundulach Bundschu Winery Files for Chapter 11 Bankruptcy Protection

Gundlach Bundschu winery, reportedly California's oldest continuously family-run winery, has filed for Chapter 11 Bankruptcy Act protection. It owes more than $37 million and claims assets of $17.2 million in cash and property. The largest creditors are American AgCredit, owed $8.8 million, and Tiverton Advisors,

Trump's Tariffs Lead Canadian Brewers to Buy Cans from China

Part of President Trump's tariff theory is that tariffs will boost American manufacturing. That may be so in some industries, but in the aluminum industry, it's Chinese workers who are benefiting. North American can prices have risen nearly 50% since early last year, when U.S.

What I'm Reading --

The wine industry can’t reach the “missing middle.” Discovery, accessibility, and the marketing gap in today’s landscape. (Hannah Gerstner) American Whiskey Vs Canadian Whisky: How Are They Different? Given the number of quality whiskey brands in America, it might be a little surprising to know that a good