Wine

Wine Opinions and Colangelo & Partners Release Results of Their First, Annual US Wine Industry Survey

Retrieved on: 
Tuesday, January 17, 2023

NEW YORK, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Colangelo & Partners (http://www.colangelopr.com) and Wine Opinions (http://www.wineopinions.com) combined resources and expertise for their first-ever industry survey designed to inform better decision-making for wine companies and wine marketers alike in 2023. "By combining our databases and our category experience, we have been able to glean important, statistically significant learnings that will inform our marketing strategies for our clients heading into an uncertain business landscape in 2023," said Gino Colangelo, president of Colangelo & Partners.

Key Points: 
  • NEW YORK, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Colangelo & Partners ( http://www.colangelopr.com ) and Wine Opinions ( http://www.wineopinions.com ) combined resources and expertise for their first-ever industry survey designed to inform better decision-making for wine companies and wine marketers alike in 2023.
  • "One of our most interesting findings came from the demographics of the respondents themselves," explained John Gillespie, president of Wine Opinions.
  • "We plan to make this annual, building upon this year's learnings to continue to inform wine marketing activities into the future."
  • Please contact Juliana Colangelo at [email protected] for more information or to request the data from the survey.

DRINKS and Recharge to Exhibit State-of-the-Art Ecommerce Alcohol Technology with Shopify

Retrieved on: 
Tuesday, January 17, 2023

LOS ANGELES, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Online wine technology leader DRINKS joins commerce leader Shopify and wine club and membership platform Recharge as sponsors of the 2023 DTC Wine Symposium. DRINKS and Recharge will share how wine merchants on Shopify leverage their solutions, including real-time compliance and tax solutions and bespoke wine club solutions for wineries. Shopify's continual innovation enables wineries and retailers to make the most of Shopify and its vast ecosystem, including its technology partners like DRINKS and Recharge.

Key Points: 
  • DRINKS and Recharge will share how wine merchants on Shopify leverage their solutions, including real-time compliance and tax solutions and bespoke wine club solutions for wineries.
  • Shopify's continual innovation enables wineries and retailers to make the most of Shopify and its vast ecosystem, including its technology partners like DRINKS and Recharge.
  • Integrated into Shopify checkout, DRINKS allows alcohol merchants to take full advantage of the powerful Shopify ecosystem and use the same regulatory technology trusted by national wineries, Fortune 20 retailers, and ecommerce marketplaces.
  • "We're excited to unveil the next generation of beverage alcohol ecommerce and regulatory technology at the DTC Wine Symposium," said Zac Brandenberg, DRINKS' Co-Founder and CEO.

Los Angeles-based hedge fund, Hedonova, sees 2022 returns soar by 33%

Retrieved on: 
Monday, January 16, 2023

Hedonova generated returns of 32.8% post fees in 2022.

Key Points: 
  • Hedonova generated returns of 32.8% post fees in 2022.
  • In a short span of 3 years since its ambitious launch in 2019, Hedonova has seen exceptional growth in multiple avenues of its business.
  • The fund generated post fees returns of 32.8% largely driven by its litigation finance and carbon credit holdings which, as separate asset classes, have generated returns of 58% and 265%.
  • Startups and wine investments were the laggards in the portfolio losing 14% and 6% in 2022.

Wine Insiders Looks Back On 40 Years of Direct To Consumer Wine

Retrieved on: 
Friday, January 13, 2023

LOS ANGELES, Jan. 13, 2023 /PRNewswire-PRWeb/ -- DRINKS, the leader in online alcohol, commemorates 40 years of Wine Insiders, the Internet's leading destination for premium wine at everyday low prices and Wine Enthusiast's 2021 Top 5 Best Value Retailer. Wine Insiders has delivered award-winning premium wine to customers in nearly every state and over 38,000 zip codes. Since its founding in 1982, Wine Insiders has delivered more than 50 million bottles to two million households, some of which have received wine continuously for 30 years.

Key Points: 
  • Wine Insiders has delivered award-winning premium wine to customers in nearly every state and over 38,000 zip codes.
  • Since its founding in 1982, Wine Insiders has delivered more than 50 million bottles to two million households, some of which have received wine continuously for 30 years.
  • "Wine Insiders began with a mission to bring incredible wine to consumers' doorsteps without middlemen markups, and for 40 years, consumers around the country have embraced that model," said Louis Amoroso, President of Wine Insiders.
  • "I can't wait to toast to another 40 years with our millions-strong community of wine lovers from across the country."

Agrology and Process2Wine Announce Strategic Partnership to Integrate Ground-Truth Data into the Vineyard Management Process, Empowering Growers to Take Action When Needed

Retrieved on: 
Thursday, January 19, 2023

The two companies will work together to enable growers to receive predictions and take action when threats like extreme weather and wildfires occur.

Key Points: 
  • The two companies will work together to enable growers to receive predictions and take action when threats like extreme weather and wildfires occur.
  • “Agrology’s incredible predictive technology enables growers to receive valuable insights so that they can take action,” said Clement Chivite, Manager of Process2Wine North America.
  • “When integrated into the Process2Wine platform, this powerful Agrology data will provide real-time insights into the soil and canopy.
  • “Process2Wine offers growers a business intelligence solution that enables growers to manage their resources effectively,” said Adam Koeppel, Co-Founder and CEO of Agrology.

Bloomfield Robotics Announces Investments From Kubota Corporation and Oeneo

Retrieved on: 
Tuesday, January 17, 2023

Bloomfield Robotics (hereinafter “Bloomfield” or “the company”), a Pittsburgh-based company that develops AI-driven plant imaging technology for use in specialty crops, announces investments from Kubota Corporation (hereinafter “Kubota”) and Oeneo Group SA (hereinafter “Oeneo”).

Key Points: 
  • Bloomfield Robotics (hereinafter “Bloomfield” or “the company”), a Pittsburgh-based company that develops AI-driven plant imaging technology for use in specialty crops, announces investments from Kubota Corporation (hereinafter “Kubota”) and Oeneo Group SA (hereinafter “Oeneo”).
  • These developments will be carried out jointly with the Vivelys teams," explains Dominique Tourneix, CEO of the Oeneo Group.
  • These investments by Kubota and Oeneo will reinforce Bloomfield’s commitment to partner with leading players in its strategic markets.
  • "Our partnerships with Kubota and Oeneo are examples of how we want to service the entire specialty crop supply chain by serving our primary customer: the grower.

DRY Soda Co. Welcomes Dry January With New Rosé Soleil Botanical Bubbly Reserve

Retrieved on: 
Tuesday, January 17, 2023

DRY Soda Co. , pioneer in the zero-proof beverage market, is redefining the category yet again with the launch of its newest flavor in the Botanical Bubbly Reserve Collection, Rosé Soleil.

Key Points: 
  • DRY Soda Co. , pioneer in the zero-proof beverage market, is redefining the category yet again with the launch of its newest flavor in the Botanical Bubbly Reserve Collection, Rosé Soleil.
  • Rosé Soleil Botanical Bubbly Reserve bottles are now available nationwide at Amazon and DrinkDry.com.
  • View the full release here: https://www.businesswire.com/news/home/20230117005048/en/
    DRY Soda Co. Botanical Bubbly Rosé Soleil (Photo: Business Wire)
    Crafted with hints of strawberry, rose, and oak, Rosé Soleil Botanical Bubbly Reserve gives a fruit-forward bouquet, and a crisp finish with every sip.
  • DRY Rosé Soleil Botanical Bubbly Reserve is available at an SRP of $8.99 per bottle online at Amazon.com and www.drinkdry.com .

Global Organic Food & Beverage Market 2022 to 2027 - Players Include Eden Foods, General Mills, Hain Celestial and Nature's Path Foods - ResearchAndMarkets.com

Retrieved on: 
Monday, January 16, 2023

The steady growth of the organic market has led to a proliferation of opportunities for farmers in developing regions.

Key Points: 
  • The steady growth of the organic market has led to a proliferation of opportunities for farmers in developing regions.
  • The organic food market has a high share of organic food compared to organic beverages, dominating the market with a share of over 90% in 2021.
  • Increasing consumer needs towards organic food and beverages products are also helping the market players to position themselves in the global organic food and beverages market by launching a variety of innovative products.
  • Consumers are switching to organic products as a difficult proposition, as organic food is more expensive than non-organic food.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Vintage Wine Estates, Inc. (VWE)

Retrieved on: 
Thursday, January 12, 2023

The Law Offices of Frank R. Cruz reminds investors of the upcoming January 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Vintage Wine Estates, Inc. (“Vintage Wine” or the “Company”) (NASDAQ: VWE ) securities between October 13, 2021 and September 13, 2022, inclusive (the “Class Period”).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming January 13, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Vintage Wine Estates, Inc. (“Vintage Wine” or the “Company”) (NASDAQ: VWE ) securities between October 13, 2021 and September 13, 2022, inclusive (the “Class Period”).
  • On September 13, 2022, Vintage Wine announced its financial results for fiscal year 2022.
  • If you purchased or otherwise acquired Vintage Wine securities during the Class Period, you may move the Court no later than January 13, 2023 to request appointment as lead plaintiff in this putative class action lawsuit.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Vintage Wine Estates Advances Leadership Team

Retrieved on: 
Thursday, January 12, 2023

Vintage Wine Estates , Inc. (NASDQ: VWE), a fast growing wine producer with an industry leading direct-to-customer platform, today announced two promotions that further its efforts to advance its leadership team, develop talent from within and build greater bench strength.

Key Points: 
  • Vintage Wine Estates , Inc. (NASDQ: VWE), a fast growing wine producer with an industry leading direct-to-customer platform, today announced two promotions that further its efforts to advance its leadership team, develop talent from within and build greater bench strength.
  • Zach has full operational oversight for supply chain and production activities with a focus on quality, sustainability and enhancing synergies within VWE’s production footprint and serves on the Executive Leadership team.
  • In 2017, Ms. Duran transitioned to the wholesale business, assuming new responsibilities on the Exclusive Brands team.
  • Ms. Duran also led marketing initiatives to launch Bar Dog wine nationally, supporting the growth of the brand to over 100,000 cases.