Ann Reynolds’ Post

Harvest 2024 is just getting underway. Here's a tip for all wineries! Plan ahead for your wine labels when you document your grapes. That's the topic of my blog from 2023: Wine labels start at harvest. They really do!

Most importantly this is long tail rural economic development.

Congrats to team @ Jackson Family Wines for La Crema Winery being named the 'American Winery of the Year' by Wine Enthusiast! It's a pleasure working with your incredible team. Well deserved. La Crema was honored as American Winery of the Year for its commitment to sustainability, innovation, and quality. Known for cool-climate winemaking, the winery continues to expand its influence through partnerships and community-focused initiatives. https://lnkd.in/eyA9FyMN Here's the other wine updates from Mark Brown's daily newsletter: 1.) The 50 Best Wines of 2024 VinePair's annual list highlights standout wines from 2024, featuring traditional expressions like Chenin Blanc from Loire Valley alongside innovative varietals from emerging regions like the Finger Lakes and Oregon. https://lnkd.in/eJRUssa4 2.) This Private Equity Company Is Quietly Becoming a Pacific Northwest Wine Powerhouse Ackley Brands, a Seattle-based company, has rapidly expanded in 2024 by acquiring prominent Pacific Northwest wineries like Charles Smith Wines LLC and Columbia Ridge Winery. Focused on a long-term strategy, the company aims to promote the region's wines globally. https://vinepair.com/ 3.) Bronco Wine Co. Names Dominic Engels Chief Executive Officer Congrats to Dominic Engels, with extensive experience in food and beverage business, being named CEO of Bronco Wine Co. Engels plans to build on Bronco's legacy and lead innovations in sustainability while navigating challenges in the changing wine industry. Excited to see the next chapter. https://lnkd.in/gwz8GrrR 4.) Selling a Californian Winery? Get Ready for a Reality Check With declining wine sales and an aging population of vineyard owners, California's winery market faces oversupply and falling real estate values. Experts emphasize realistic expectations for sellers in a challenging market. https://lnkd.in/gV4e-8Pt 5.) American Wine Trade Steels Itself for Possible Tariffs The U.S. wine industry braces for potential tariffs under President Trump, which could harm small and family-owned businesses reliant on imported wines. Would small US vineyards however benefit from the move? I'd love to see a analysis of the winers vs. losers on this one. https://www.nytimes.com/ 6.) Willamette Valley Vineyards Posts Results for Q3 2024 Willamette Valley Vineyards reported slight revenue growth for Q3 2024, driven by increased direct sales but offset by a decline in distributor sales. Efforts to boost direct-to-consumer interactions are expected to yield positive future results. Well done managing the downturn! https://lnkd.in/gnRmP3SF 7.) What Does the Future Hold for Texan Wine? Texas's wine industry is growing rapidly, producing over 75 grape varieties and generating significant economic impact. While most sales remain within the state, local producers are exploring ways to expand nationally and internationally. https://lnkd.in/g6TK3EsB

It’s a very interesting time to be in the wine business in Sonoma, Napa and all of California. Wine consumption continues to decline and even a study last week suggested that 1 glass of red wine may not be necessarily helpful for one’s health. Even with this disparaging view, other see this as a unique opportunity to acquire well positioned wineries and vineyards at excellent values. The US is the largest wine market globally and in 2023, consumption decreased by 3.0%. The EU accounts for 48% of the world's wine consumption and wine consumption declined 1.8% in 2023. Are you thinking of acquiring or selling wineries or other properties please reach-out? Follow on LinkedIn for stories and news on local, US and International real estate matters, including wine. All articles are open provided as gifts without pay-walls. #wine #winery #winespectator #napa #sonona #marin #santabarbara #monterey #lodi #lake #Mendocino #pasorobles #sanluisobispo

🍇🏆 Loudoun County's Success at the Virginia Governor's Cup 🏆🍇 We are pleased to announce significant achievements in the preliminary rounds of the 2024 #Virginia Governor's Cup. Out of over 750 wine entries evaluated, 137 wines from 79 wineries were distinguished with gold medal ratings. Notably, Loudoun County wineries, including Willowcroft Farm Vineyards, have secured 27 gold medals, underscoring our region's prominence in Virginia's wine industry. Willowcroft is proud to have our 2022 Merlot recognized with a bronze medal amidst this competitive field. This acknowledgment highlights our commitment to quality and positions us alongside esteemed peers in the Virginia wine community. As industry leaders and winemakers prepare to convene in Richmond for the final competition next month, we look forward to the opportunity to celebrate the excellence and innovation that characterize Virginia wines. The anticipation builds for announcing the Governor's Cup winner and selecting the top 12 wines for the Governor's Case. This year's Governor's Cup competition reflects the Virginia wine industry's vibrant growth and collaborative spirit. We congratulate all participating wineries for their achievements and contributions to elevating Virginia's status in the global wine market. ernors-cup-competition/article_21dda436-d0ce-11ee-921e-b79ebb96ed4a.html?utm_source=loudounnow.com&utm_campaign=%2Fnewsletter%2Foptimize%2Fweekend-events-preview%2F%3F-dc%3D1708707115&utm_medium=email&utm_content=headline

WHY WORLD-CLASS WINEMAKERS ARE HEADED FOR THE FINGER LAKES For decades, Napa was the promised land for ambitious vintners eager to make a mark in the wine industry. But in recent years, a number of factors are sending winemakers to one of the most quietly beloved but stubbornly under-the-radar regions in the country: the Finger Lakes. Establishing a winery in Napa is now really only possible for the rich. Prime vineyard land alone runs between $300,000 and $400,000+ per acre in the Napa Valley, according to a cost assessment study conducted by UC Davis – and that’s just the land, without considering the costs of labor, the building out of a winery, or the purchase of any of the tools needed to farm, ferment, age and produce a single bottle of wine. In contrast, planting a vineyard and bringing it to production in the Finger Lakes, requires about $43,443, all in per acre, a study byCornell University found. This simple maths pushed wife and husband duo Ria D’Aversa and Michael Penn to put down a stake in the Finger Lakes with Ria’s Wines in 2022. Prior to discovering Finger Lakes, Penn was the head winemaker at Green and Red Vineyard in Napa, while D’Aversa managed Constellation Brands’ Napa vineyard, and the duo had also launched their own passion project, Pennrose. On paper, everything was rosy. Read more: https://lnkd.in/ewkSWXQn By Kathleen Willcox, The Drinks Business University of California, Davis Cornell University New York Wine & Grape Foundation USDA NielsenIQ Ria’s Wines www.rias-wines.com GREEN AND RED VINEYARD LLC Trestle Thirty One Neverstill Wines www.neverstillwines.com Usonia Wine www.usoniawine.com Red Newt Cellars Forge Cellars #fingerlakes #newyork #wine #wineries #vineyards #winemaking #wineregion

A robust manufacturing sector in Washington & Oregon is their wine industries. Washington & Oregon grow some of the best wine grapes and produce some of the best wines in the nation (world). This should not be a surprise, if you look at the globe and recognize the Pacific Northwest is on the same latitude as some of the best wine regions in the world and has an abundance of water. The BIG DAWG (Appropriate verbiage today with the University of Washington playing for the College Football National Championship) in the region's wine industry is Chateau Ste. Michelle . Chateau Ste. Michelle recently announced it will be pulling back on its grape purchases in the region. On face value, this could cause concern, but it actually creates a robust opportunity, as detailed in the Robb Report ( https://lnkd.in/dhg4BTvD). The pull back should allow vineyards to sell product at enhanced values, smaller wineries to access quality grapes that were previously unavailable, and when appropriate vineyards to transition acreage to different varietals by being released from contractual commitments. I look forward to seeing what boutique and family wineries are able to produce using 2024 harvested grapes. Oliver Kotelnikov, the Director of IBA's Hospitality Industry Transaction Division, & I have served as guest lecturers at the region's viticulture schools related to entrepreneurship as a potential career path. Based on the caliber of the students and the enthusiasm in those programs, we both are confident that wine will continue to be a successful entrepreneurial path and a compliment to a quality meal in Washington & Oregon far into the foreseeable future. Hoping some Washington champagne gets popped tonight in celebration of success on the field.

Part 2 of our guide to optimizing your winery for DTC is here! This time we're talking all things Wine Club 🍷 #WineDirect https://hubs.ly/Q02pV38L0

New article on the hybrid wines of Canada! Link in bio

Vintage Wine Estate a major #wine producer in #usa bankrupted with 342 million USD depts. Between the lines of the CEO note, a very flashing statement about the mass regular wine production, which is a main cause of the failure, while nearby small wineries of specialized unique wine, have made it easy post COVID pandemic and its associated recession. Sharing this to spot the light on two things: 1- #Lebanon is increasing grapes for wine production, and that's likely without a clear plan if we have to stop at 3000 Ha plantations or we keep on reaching 5000 Ha or more ?! 2- Lebanon produces a lot of regular mass wine, while trials on #indigenous varieties showed a great success, which we should build on a secured plan. Cheers