The Next Generation Is Taking Over Creston Winery

Creston, BC November 1, 2021 – One of southeast British Columbia’s best-known and most awarded wineries is making the transition to a new generation of owners.   Wes Johnson and his fiancée Myran Hagenfeldt have purchased the Baillie-Grohman Estate  Winery in Creston from Wes’s parents, Bob Johnson and Petra Flaa, who founded the winery in  2007.   […]

In many ways, the long-term visibility in the wine industry is cloudy at the moment. Retail sales trends are declining and difficult to interpret due to the upheaval of sales channels in recent years, increasing costs and unreliability of sourcing dry goods, many businesses are bracing for the potential of a recession, inflation, and all the while Covid still looms in the background. It is in times like this that a trusted broker can be one of the most valuable tools at your disposal since we have a clear picture of what is occurring in the grape and bulk wine markets. Following is a grape market and crop update by region from the brokers based upon their vineyard visits with clients, Turrentine’s historical market data, and extensive conversations with clients. - by Steve Fredricks North Coast Christian Klierby Christian Klier Buying and selling grapes throughout the North Coast has been similar to last year with the highest quality grapes contracted early. Many buyers are still