Being associated with Richard Branson is going to be a plus. He's got a pretty good track record in everything he touches. |
Constellation continues to be so far ahead of everybody else in terms of keen financial expertise in acquiring entities after all of these years. It's such a contrast to the other big success, Gallo, which never purchased anything until the last five years, and its acquisitions have been relatively small, building organically. |
From the perspective of 3½ decades in the wine industry, I can assure you right now that things have never been better in this market and the future looks outstanding. |
I can assure you right now things have never looked better in this market. |
If we continue to grow at just 3 percent through the end of the decade, we will be the largest wine consumer nation in the world. |
Middle age is when you drink wine.... That combined with the health message means that you get a lot of aging baby boomers with coins in their pockets that are out to buy better quality wine. |
My guess is that it's a private person, not a wine company looking to expand its portfolio. |
Overall it looks good, the best thing for growers is that demand is strong. That means prices will be pushed up since there has not been much planting. |
The most likely buyer is someone who wants to have a luxury place in the Napa Valley and a prestigious wine label to go with it. |
They've just become so much less intimidating and more approachable, especially to people who don't drink wine. |
We have so much folderol in the business that it does turn off a lot of potential consumers. |
We're gaining traction in the U.S. market. Wine is entering the mainstream of American life for the first time. |
Wine is enjoying this wonderful moment of very favorable attitudes. |