Daily Wine News: Moves & Mythics

Posted by | Posted in Wine News | Posted on 06-23-2022

(Source: Chateau Ste. Michelle)

On Tuesday, Washington Wine Report’s Sean Sullivan broke the news that Chateau Ste. Michelle has put its 118-acre headquarters in Woodinville up for sale, with plans to move all of its winemaking to eastern Washington immediately. 

In Wine-Searcher, W. Blake Gray continues looking into the Chateau Ste. Michelle sale. “This is what private equity firms do. New York-based Sycamore Partners bought CSM last year for $1.2 billion. It was Sycamore’s first alcohol business…One quick way to turn around a company that is losing money – Ste Michelle Wine Estates reported a $360 million loss in 2020 – is to sell off assets. Now the Washington wine community is left to wonder what Sycamore’s next move will be.”

In Wine & Spirits Magazine, Joshua Greene talks to Pascaline Lepeltier about newcomers from the Loire. “The styles are getting more complex, the terroir expression more refined, the aging potential rising—you can’t get bored.”

In the Oregonian, Michael Alberty explores the “mythically delicious” wines from Jackalope and winemaker Corey Schuster.

On JancisRobinson.com, Walter Speller reports on how drought is threatening vineyards in northern Italy.

The canned wine revolution is here, says Janice Williams in the Drop.

In the Guardian, David Williams looks at the rise of English wines.

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