The whole valley was for sale for $1,000 an acre. Nobody believed in Napa Valley. And I think it was very much Robert Mondavi who turned it around.
California was once seen as the poor relation of the world's major wine-making regions. That's no longer the case, largely thanks to the efforts of Robert Mondavi. Read on for your introduction to some very fine Californian wine
Our North America wine business turned in a strong performance. In the U.S., Robert Mondavi wines, Kim Crawford, Simi, Estancia and Franciscan all registered double-digit market growth for the first quarter
The time to stop talking is when the other person nods his head affirmatively but says nothing.
In the long term, we want to get this information on alcohol packages in a standardized format ... With that information right there, consumers can make informed decisions.
Meanwhile, higher costs for commodities such as petroleum-based materials, glass and steel are adding to the pressures facing manufacturers.
With the rapid spike in gasoline prices and the decline in consumer confidence, we're seeing American consumers pull back. At the same time, the correction in the U.S. housing market has intensified...trading up to premium spirits brands continues in the U.S. but at a more moderate.
The environment has become more challenging for our brands and the second quarter is shaping up to be more difficult than we had anticipated. April was a solid month that tracked with our expectations, followed by softer-than-anticipated results in May. We've seen continued softness in June and it's now clear that we will not make up the May shortfall.