Duckhorn Reallocating Resources to Focus on Higher-Growth Luxury Brands

Dear Client: The Duckhorn Portfolio is reallocating some resources to focus on its four core wineries, Duckhorn Vineyards, Kosta Browne, Decoy and Sonoma-Cutrer, as well as a few other luxury brands, the company announced late yesterday afternoon.  The above four core wineries along with Goldeneye, Calera and Greenwing wine brands comprise 96% of the company's total net sales, and "represent the biggest growth opportunity within the portfolio," per release. These brands all fall in the $15-$50 price segments.  "As we