US wine company WarRoom Cellars has revealed it has acquired the Simi wine brand from The Wine Group (TWG). The financial terms of the deal have not been disclosed. Just Drinks has contacted California-based WarRoom for more information on the transaction. Founded in 1876 by the Simi family and headquartered in Sonoma County, WarRoom said the namesake brand was one of the few in Californian wine to survive Prohibition. In a statement, WarRoom said: “Simi's legacy of resilience, quality, and strong fema ...

Much of the wine around Perpignan is made from grapes grown on small plots by farmers belonging to local co-operatives. And they are struggling https://t.co/EZxgS61VuI ...

327 Years Later, Royal Wine Merchant Finally Arrives In America https://t.co/MUS73ku2sI ...

From emerald Douro slopes to Mendoza’s sweeping plains—here are the world’s 50 best wineries, ranked by wine experts at Virgin Wines. https://t.co/4Ao3ToRstD https://t.co/4Ao3ToRstD ...

How Working This Prestigious Vineyard Became An Induction For Krug’s New Winemakers https://t.co/S6VfqSX5oE ...

As wine-drinking slows, farmers are uprooting vines https://t.co/rplJKf3hYz ...

From emerald Douro slopes to Mendoza’s sweeping plains—here are the world’s 50 best wineries, ranked by wine experts at Virgin Wines. https://t.co/4Ao3ToRstD https://t.co/4Ao3ToRstD ...

Core Insights - Crimson Wine Group, Ltd. (CWGL) reported a modest increase in shares of 0.4% following the third quarter results for 2025, lagging behind the S&P 500's 0.8% growth during the same period [1] - The stock has seen a decline of 1.7% over the past month, contrasting with a 3.7% increase in the broader index, indicating investor caution despite a return to quarterly profitability [1] Financial Performance - Revenues for the latest quarter decreased by 21% to $13.3 million from $16.9 million year-over-year, with declines across Wholesale, Direct-to-Consumer (DTC), and Other revenue streams [2] - The company reported a net income of $0.9 million, a significant increase from the prior year's profit of $38,000, with earnings per share at 5 cents compared to breakeven a year earlier [3] - The improvement in net income was largely due to a $2.5 million insurance settlement related to the 2017 wildfires, which offset weaker operating performance [3] Sales and Revenue Breakdown - Wholesale revenues fell by 34% due to reduced domestic shipments, higher discounts, and ongoing weakness in export markets [4] - DTC sales decreased by 4% due to lower tasting-room traffic, while Other revenues declined by 12% due to reduced custom winemaking services [4] Profitability Metrics - Gross profit decreased by 22% year-over-year to $6.3 million from $8.1 million, with the operating loss widening to $1.2 million from $0.3 million [3] - The gross margin remained relatively stable at 47%, slightly down from 48% in the prior year, while the Wholesale gross margin held steady at 41% [5] - DTC margin improved to 66% from 65%, reflecting favorable economics in direct retail sales [5] Cost Management - Operating expenses decreased by 11% year-over-year to $7.5 million, with sales and marketing expenses down by 15% and general and administrative costs down by 7% [6] - Cost improvements were attributed to reduced promotional spending, lower bonuses, and fewer professional service expenses [6] Management Insights - Management noted ongoing softness in wholesale demand, with distributors reducing orders amid cautious inventory management and variable consumer trends [7] - A strategic shift in California distribution was completed during the quarter, with potential future variability as retail accounts adjust to the new distribution model [7] External Factors - Weather-driven agricultural variability, inventory management decisions, and international trade conditions significantly impacted performance [10] - Export demand was affected by trade tensions, particularly with Canada, where shipments were suspended earlier in the year [11] Other Developments - The company suspended its share repurchase program, having repurchased 58,252 shares at an average price of $5.92 prior to the suspension [13] - Ongoing legal proceedings related to a 2024 cybersecurity incident were disclosed, with no material financial impacts reported [13]

Core Insights - Princess Cruises has introduced Hampton Water Rosé to its Love Line Premium Liquors Collection, enhancing the onboard beverage experience for guests [1][3] - The collaboration involves Jesse Bongiovi and Jon Bon Jovi, along with winemaker Gérard Bertrand, highlighting the wine's quality and craftsmanship [1][5] - Hampton Water Rosé aims to foster connections and celebrations among guests, aligning with the brand's focus on premium, celebrity-crafted libations [2][3] Company Overview - Princess Cruises is recognized for its exceptional culinary and beverage offerings, with a commitment to providing innovative and exclusive experiences during voyages [3][7] - The Love Line Premium Liquors Collection features a diverse range of celebrity-crafted beverages, including both alcoholic and non-alcoholic options [2][6] - The brand's new ship, Sun Princess, has been named Condé Nast Traveler's Mega Ship of the Year, showcasing the company's dedication to luxury and service [7] Product Details - Hampton Water Rosé is available fleetwide and included in Princess Premier and Princess Plus beverage packages, emphasizing accessibility for guests [1][3] - The Hampton Water brand has gained recognition in the wine industry, achieving high ratings from Wine Spectator and Wine Enthusiast, and has a strong social media presence [5] - The brand has expanded its portfolio with the introduction of Hampton Water Bubbly in 2024, indicating growth and innovation within the product line [5]

Business Expansion - Royal Wine Merchant, after 327 years, is finally arriving in America [1]