[BND] Your Breakfast Briefing --
Good Morning, and Happy Halloween! It's October 31, 2023. Treasury Wine Estates Acquires Fastest- Growing Luxury Wine Brand in the U.S., DAOU Vineyards Treasury Wine Estates Ltd said it agreed to acquire DAOU Vineyards, the acclaimed luxury wine business founded by brothers and co-proprietors Georges and Daniel
Good Morning, and Happy Halloween! It's October 31, 2023.
Treasury Wine Estates Acquires Fastest- Growing Luxury Wine Brand in the U.S., DAOU Vineyards
Treasury Wine Estates Ltd said it agreed to acquire DAOU Vineyards, the acclaimed luxury wine business founded by brothers and co-proprietors Georges and Daniel Daou for an upfront consideration of $900 million, plus an additional earn-out of up to $100 million.
SGWS to Rep Flat Creek Estate
Flat Creek Estate Winery & Vineyard, Austin, Texas, signed Southern Glazer's Wines & Sprits of Texas to represent Flat Creek in the Lone Star State. Until now, Flat Creek's wines have been a well kept secret, known only to the privileged few who have visited the Estate.
NBWA Purchasers' Index Steady in October
National Beer Wholesalers Association said its Beer Purchasers' Index remained just slightly below the benchmark of 50 for the third month in a row. The At-Risk inventory comes in at an even 50. The October results show increased ordering trends for six out of seven segments
Boeschen Vineyards Field Workers Get Hazard Pay, Disaster Insurance
In what is a first for Napa Valley vineyards, harvesting crews at Boeschen Vineyards, Doug Boeschen, the owner, told them the winery was now offering them a combination of hazard pay and disaster insurance. If a major wildfire occurs and the Air Quality Index climbs above 150, Boeschen Vineyards workersOct 30, 2023
What's with the Economy – Consumers Spending Up, High Interest Rates, Persistent Inflation
Both the Associated Press and The Wall Street Journal seem a little puzzled. Conventional theory says that with interest rates and inflation so high, consumers should be pulling back on their spending. But instead, they are spending like drunken sailors.
Original Pickle Shot Taps Brazen Imports to Take Brand Past 100,000 Cases
The Original Pickle Shot, launched in 2018 and now the top-selling pickle brine-infused vodka in the U.S., has selected Brazen Imports & Consulting to represent the brand as it builds to exceeding the 100,000-case milestone this year. Founded earlier this year by longtime industry veterans
Seagram's Escapes Offers Popcorn Rebate
Seagram's Escapes is hitting shelves with new flavors --Blackberry Pear, Cranberry Orange, Apple Melon and Raspberry Lime – available through February 2024 Consumers simply purchase a Pop & Watch variety pack along with a 3-pack of Jolly Time pop corn to earn a rebate of up to $5.99.
Dick Shaw, Pioneering Washington Grape Grower, Dies at 84
Dick Shaw, one of the largest grape growers in Washington State, died at age 84. He had been growing grapes for more than 40 years, beginning with a 100-acre vineyard. When he died, he farmed more than 3,500 acres in seven appellations. Before he was 30,
Movers & Shakers --
Beatbox collaborated with singer, songwriter, designer, and philanthropist Avril Lavigne which Beatbox plans to extend into 2024. This collaboration is part of their creator series. To note, just last week the brand activated in collaboration with Avril at the We Are Young festival in Las Vegas.
Thanks for reading. We hope your Halloween is fun (and profitable). See you tomorrow.
--Joel
P.S. Somehow the Weekly Wrapup apparently got hungup in the sending system. Since it has four new items (headlines are in red), we sent it out about 1:20 a.m.