Daniel Marsteller

1 month ago | winespectator.com | Daniel Marsteller

In a sign of challenging times in the wine business, executives at one of California wine's biggest success stories in recent decades, the Duckhorn Portfolio, are refocusing their attention on the seven top-selling brands in their company. That means four other brands could eventually disappear from the market. The company is also reducing the number of tasting rooms it operates.

1 month ago | marketwatchmag.com | Daniel Marsteller |Danny Sullivan |Shane English

Every year, Market Watch sister publication Impact Newsletter recognizes the best-performing brands across the industry with its “Hot Brand” awards. This year, the Hot Brands roster includes 45 fast-growing brands from the wine, spirits, and RTD categories.

1 month ago | winespectator.com | Daniel Marsteller

Constellation Brands has taken another big step in streamlining its wine stable to focus on luxury brands, selling a 12-million-case portfolio of mostly value-priced brands to The Wine Group for an undisclosed sum. The deal is subject to regulatory approval and is slated to close immediately after the end of Constellation's fiscal first quarter ending in May. The news was first reported by Shanken News Daily (SND), a sister publication of Wine Spectator.

Feb 3, 2025 | winespectator.com | Daniel Marsteller |Mitch Frank

President Donald J. Trump followed through on his threat to levy 25 percent tariffs on all goods from Canada, except energy imports, which will face a 10 percent tariff. The new trade duties will take effect on Feb. 4. The move immediately impacted wineries on both sides of the border, as the Canadian government responded with 25 percent tariffs on many U.S. products, including all alcoholic beverages, raising prices on American wines and whiskies.

Oct 7, 2024 | winespectator.com | Daniel Marsteller

Oct 7, 2024 Five years after going public, Duckhorn will be leaving the stock exchange. Executives at the Duckhorn Portfolio announced this morning that Los Angeles-based private equity firm Butterfly has agreed to buy the Napa-based wine powerhouse for $1.95 billion. According to Impact Databank, a sibling publication of Wine Spectator, Duckhorn is the 20th-largest wine marketer in the U.S. by volume, producing 2.6 million cases last year.