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Red Blends Popular; Lot18 Gets $30 Million

December 2011
 
by Jim Gordon
 
wines & vines wine industry data center flash report
 
So far this year red blends lead the pack in number of offers by the nine top flash sites monitored by WinesVinesDATA. Cabernet Sauvignon leads in bottle price. In the graphs below, we show the varietals/types by both measures of popularity. Domestic and imported wines were both included, so red blends include everything from red Bordeaux to Cotes du Rhone to super Tuscans to California Meritage. In other flash site news, fast-growing Lot18 announced $30 million in Series C funding led by Accel Partners and that Accel’s Sameer Gandhi will join Lot18’s board of directors. The company reported that in one year it had sold more than 500,000 bottles of wine and is selling more than $1 million per month.
 

 
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Wine Industry Metrics
 
Off-Premise Sales » Month   12 Months  
November 2014 $708 million
5%
$7,844 million
6%
November 2013 $673 million $7,428 million
     
Direct-to-Consumer Shipments » Month   12 Months  
November 2014 $274 million
21%
$1,799 million
16%
November 2013 $225 million $1,558 million
     
Winery Job Index » Month   12 Months  
November 2014 127
-5%
226
15%
November 2013 134 196
     
 
MORE » Released on 12.15.2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
 

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