{"id":228280,"date":"2025-05-07T06:41:38","date_gmt":"2025-05-07T06:41:38","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/exclusive-news-and-research-on-the-wine-spirits-and-beer-business-118\/"},"modified":"2025-05-07T06:41:38","modified_gmt":"2025-05-07T06:41:38","slug":"exclusive-news-and-research-on-the-wine-spirits-and-beer-business-118","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=228280","title":{"rendered":"Exclusive news and research on the wine, spirits and beer business"},"content":{"rendered":"


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News Alert: Duckhorn Shifting Investment To Sharpen Focus On Core Four Brands<\/h2>\n

\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tMay 6, 2025<\/a><\/span><\/p>\n

The Duckhorn Portfolio announced late today that it intends to sharpen focus on its core four labels\u2014Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer\u2014along with Goldeneye, Calera, and Greenwing, which combine for 96% of its net sales. The company is planning to reallocate resources away from the Canvasback, Migration, Paraduxx, and Postmark labels and consolidate its tasting room footprint.<\/p>\n

\u201cThe company is competing in the right segment of the market, $15 and above,\u201d Duckhorn CEO Robert Hanson told SND. \u201cOver the last 24 months, we have represented about 37% of the total growth in the $15 and above price segment. And if you look at where that growth contribution is coming from, it\u2019s coming from the core four brands.<\/p>\n

The deemphasized labels Canvasback, Migration, Paraduxx, and Postmark \u201care all great wines,\u201d he added. \u201cWe are going to use them more tactically as predominantly wholesale brands moving forward. We\u2019ve got inventory to support sales for a couple of years.\u201d<\/p>\n

In addition to focusing resources on its core four brands, Duckhorn says it will \u201cclose tasting rooms that are not generating significant revenue or contributing to profitability, including Migration (Napa, CA), Canvasback (Walla Walla, WA), and Sonoma-Cutrer (Windsor, CA).\u201d But Hanson told SND the company remains bullish on its Duckhorn Vineyards tasting room and is committed to its other locations such as Goldeneye in Mendocino County and also Calera on the Central Coast.<\/p>\n

Acquired by Los Angeles-based private equity firm Butterfly last year for just under $2 billion, The Duckhorn Portfolio has volume of approximately 2.7 million cases, according to Impact Databank, with 2024 sales of $475 million. We\u2019ll have more with Robert Hanson in tomorrow\u2019s SND.\u2014Daniel Marsteller<\/em><\/span><\/p>\n

Subscribe to Shanken News Daily\u2019s Email Newsletter, delivered to your inbox each morning.
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Tagged : Calera<\/a>, Canvasback<\/a>, Decoy<\/a>, duckhorn<\/a>, Goldeneye<\/a>, Greenwing<\/a>, Kosta Browne<\/a>, Migration<\/a>, Paraduxx<\/a>, Postmark<\/a>, Sonoma-Cutrer<\/a><\/span><\/p>\n

GET YOUR FIRST LOOK AT 2024 PROJECTIONS FOR THE WINE AND SPIRITS INDUSTRIES. ORDER YOUR 2024 IMPACT DATABANK REPORTS<\/span>. CLICK HERE.<\/a><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"

News Alert: Duckhorn Shifting Investment To Sharpen Focus On Core Four Brands May 6, 2025 The Duckhorn Portfolio announced late today that it intends to sharpen focus on its core four labels\u2014Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer\u2014along with Goldeneye, Calera, and Greenwing, which combine for 96% of its net sales. The company is planning […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12029],"tags":[3171,907,1305,1820,10113,16238,9182],"dealstore":[],"offerexpiration":[],"class_list":["post-228280","post","type-post","status-publish","format-standard","hentry","category-alcohol","tag-beer","tag-business","tag-exclusive","tag-news","tag-research","tag-spirits","tag-wine"],"yoast_head":"\nExclusive news and research on the wine, spirits and beer business - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=228280\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exclusive news and research on the wine, spirits and beer business - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"News Alert: Duckhorn Shifting Investment To Sharpen Focus On Core Four Brands May 6, 2025 The Duckhorn Portfolio announced late today that it intends to sharpen focus on its core four labels\u2014Duckhorn Vineyards, Kosta Browne, Decoy, and Sonoma-Cutrer\u2014along with Goldeneye, Calera, and Greenwing, which combine for 96% of its net sales. 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