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Treasury Wine Estates
Treasury Wine Estates is an Australian global winemaking and distribution business with headquarters in Melbourne. It was formerly the wine division of international brewing company Foster's Group. History Background Treasury Wine Estates traces its roots back to the establishment of several New World wineries in the 19th century. These include Lindeman's and Penfolds in Australia, and Beringer Vineyards in the United States. Foster's began to build its wine division from 1995 onwards. Through acquisition, it built the division into one of the world's largest winemakers. By 2005, Beringer Blass was the seventh largest producer of wine in the United States.T. Stevenson ''The Sotheby's Wine Encyclopedia'' Fourth Edition p. 468 Dorling Kindersly 2005 . The same year, Fosters acquired the Australian wine-making group Southcorp, adding famous brands including Lindeman's, Penfolds and Rosemount, and around A$1 billion to revenues. However, the wine division performed poorly, ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Fairfax Media
Fairfax Media was a media (communication), media company in Australia and New Zealand, with investments in newspaper, magazines, radio and digital properties. The company was founded by John Fairfax as John Fairfax and Sons, who purchased ''The Sydney Morning Herald'' in 1841. The Fairfax family retained control of the business until late in the 20th century. The company also owned several regional and national Australian newspapers, including ''The Age'', ''Australian Financial Review'' and ''Canberra Times'', majority stakes in property business Domain Group and the Macquarie Radio Network, and joint ventures in streaming service Stan (company), Stan and online publisher HuffPost, HuffPost Australia. The group's last chairman was Nick Falloon and the CEO was Greg Hywood. On 26 July 2018, Fairfax Media and Nine Entertainment Co. announced it had agreed on terms for a merger between the two companies. Shareholders in Nine Entertainment Co. took a 51% of the combined entity and ...
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Central Coast AVA
Central Coast is an American Viticultural Area (AVA) that spans along the Central California Pacific coastline from the San Francisco Bay Area south through Monterey, San Luis Obispo and Santa Barbara Counties. It was established on November 25, 1985 by the Bureau of Alcohol, Tobacco and Firearms (ATF), Treasury after reviewing the petition submitted by Taylor California Cellars, a winery in Gonzales, California, to establish the "Central Coast" viticultural area. The boundaries of the Central Coast AVA, which have been expanded twice, include portions of six counties where approximately cultivated with Chardonnay being more than half of the varietal. Within the multi-county AVA are numerous established appellations that share the same maritime climate produced by the Pacific Ocean. Counties County names in the United States automatically qualify as legal appellations of origin for wine produced from grapes grown in that county and do not require registration with the Al ...
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Rutherford AVA
The Rutherford AVA is an American Viticultural Area located within Napa Valley AVA and centered on the town of Rutherford, California. The area is known for its unique ''terroir'' particularly with its Cabernet Sauvignon. The well-drained soil of this area is composition of gravel, loam and sand with volcanic deposits and marine sediments from the Franciscan Assemblage. The appellation accounts for only in the center of Napa Valley but has been home to some of the regions most historic wineries such as Beaulieu Vineyards, Rutherford Hill, Raymond Vineyards, and Inglenook Winery Inglenook is a winery that produces estate bottled wines in Rutherford, California, in the Napa Valley AVA, Napa Valley. History The winery was founded in 1879 by a Finnish Gustave Niebaum, Sea Captain Gustave Niebaum. Niebaum's employee Hamden .... References American Viticultural Areas of Napa Valley, California 1993 establishments in California {{wine-region-stub ...
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Beaulieu Vineyard
Beaulieu Vineyard (BV for labelling purposes) is a winery near Rutherford, California, belonging to the appellation Rutherford AVA. It was established by Georges de Latour and his wife Fernande in 1900. History Initially a purchase of of land in 1900, Beaulieu Vineyard derives its name from the French phrase "''Quel beau lieu''" which translates to English as "''What a beautiful place''". Legend has it that Fernande uttered these words when she first saw the land. The following year (not according to this timeline: https://www.bvwines.com/heritage , they purchased a nearby winery originally built by California State Senator Seneca Ewer in 1885. De Latour's knowledge about phylloxera which had ravaged many Napa Valley vineyard, and his decision to import a rootstock variety resistant to the pest helped secure his stature as one of the early pioneers of California's wine industry. When Prohibition in the United States began in 1920, most wineries in the country were forced ou ...
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Clare Valley Wine Region
The Clare Valley wine region is one of Australia's oldest wine regions, best known for Riesling wines. It lies in the Mid North of South Australia, approximately 142 km north of Adelaide. The valley runs north-south, with Horrocks Highway as the main thoroughfare. Extent and appellation Clare Valley wine region covers an area adjoining the both sides of the Horrocks Highway as it passes through the town of Clare near its northern extent and the town of Auburn near its southern extent. The region is located at the northern end of the Mount Lofty Ranges zone with its southern extent being about north of the Adelaide city centre.PGIBSA, 2014, page 7 The Clare Valley wine region was registered as an Australian Geographical Indication on 25 March 1999. Soil and climate The wines are planted from . The climate is moderately continental, with cool to cold nights and warm to hot summer days. The higher altitude, compared to other wine regions in South Australia, ensur ...
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Los Carneros AVA
Los Carneros (also known as Carneros) is an American Viticultural Area (AVA) which includes parts of both Sonoma and Napa counties in California, U.S.A. The area was recognized on September 18, 1983 by the Bureau of Alcohol, Tobacco and Firearms (ATF), Treasury after reviewing the petition submitted by Beaulieu Vineyards proposing to establish a viticultural area named "Los Carneros.” The proximity to the cool fog and breezes from San Pablo Bay to the south makes the climate in Los Carneros cooler and more moderate than wine regions farther north in Napa and Sonoma Valleys. The cooler climate has made Los Carneros attractive for the cultivation of cooler climate varietals like Pinot noir and Chardonnay. Many of the grapes grown in Los Carneros are used for sparkling wine production. Receiving its AVA status in 1983, the Carneros area was the first wine region in California to be defined by its climate characteristics rather than political boundaries. History In th ...
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Acacia Winery
Acacia Winery, also known as Acacia Vineyard or simply Acacia, is a winery in the Carneros Valley appellation in Napa County, California, United States. Acacia Winery was founded in 1979 by co-founder Michael Richmond and others on Las Amigas Road.Haeger, John Winthrop. (2008)''Pacific Pinot Noir : a Comprehensive Winery Guide for Consumers and Connoisseurs''.CA: University of California Press. . OCLC 773565043. The winery primarily produced pinot noir and Chardonnay wines including the following lines: ''Reserve'', ''SVS Wines'', ''Carneros Blend'', ''A'', ''From Acacia'' (fruit from the central coast), and ''Estate Pinot'' (2001-2002). Paul Perret became the sole general partner of Lakeside Winery, the owner of Acacia, and sold the winery to Chalone in July, 1986. History Acacia was co-founded in 1979 by Michael Richmond and Jerry Goldstein. The two met while Richmond was a winery tour guide and apprentice at Freemark Abbey. Larry Brooks was their founding winemaker. In 1987 ...
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Napa Valley AVA
Napa Valley is an American Viticultural Area (AVA) in Napa County, California. The area was established by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) on February 27, 1981, after a 1978 petition submitted by the Napa Valley Vintners and the Napa Valley Grape Growers Association. Napa Valley is considered one of the premier wine regions in the world. The Napa Valley AVA includes all of Napa County except the portion of the county northeast of Putah Creek and Lake Berryessa. Historical records of viticulture in the region date back to the nineteenth century, but the modern premium wine production grew in the 1960s. The combination of Mediterranean climate, geography and geology of the region are conducive to growing quality wine grapes. George C. Yount was the first vineyardist on record in Napa Valley planting his vines in 1838. John Patchett established the Napa Valley's first commercial vineyard in 1858. In 1861 Charles Krug established another of Napa Val ...
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Diageo
Diageo plc ( ) is a British Multinational corporation, multinational alcoholic beverage company, with its headquarters in London, England. It is a major distributor of Scotch whisky and other spirits and operates from 132 sites around the world. Diageo-owned distilleries produce 40 percent of all Scotch whisky with over 24 brands, such as Johnnie Walker, Justerini & Brooks, J&B and Buchanan's. Its leading brands outside whisky include Guinness, Smirnoff, Baileys liqueur, Captain Morgan rum and Tanqueray and Gordon's Gin, Gordon's gin. Diageo has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange as American depositary receipts. History Formation Diageo was formed in 1997 from the merger of Guinness plc and Grand Metropolitan. Its creation was driven by the executives Anthony Greener and Philip Yea at Guinness, along with George Bull and John McGrath of Grand Metropolitan. Anthony G ...
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Gross Margin
Gross margin, or gross profit margin, is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold (e.g., production or acquisition costs, not including indirect fixed costs like office expenses, rent, or administrative costs), then divided by the same selling price. "Gross margin" is often used interchangeably with "gross profit", however, the terms are different: "gross ''profit''" is technically an absolute monetary amount, and "gross ''margin''" is technically a percentage or ratio. Gross margin is a kind of profit margin, specifically a form of profit divided by net revenue, e.g., gross (profit) margin, operating (profit) margin, net (profit) margin, etc. Purpose The purpose of calculating margins is "to determine the value of incremental sales, and to guide pricing and promotion decision."Farris, Paul W.; Neil T. Be ...
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