Also targeting the U.S. has been family-owned Casella Wines, with its mass-market Yellow Tail line.
Three years ago John Casella hired Soutter away from export-oriented Cranswick Estate to aim for sales abroad.
"I too believe that they're going to resolve all these issues and it's going to open, " Casella said.
Other competitors in the services sector include: Waste Connections (WCN), WCA Waste Corporation (WCAA), and Casella Waste Systems (CWST).
Retailers loved the distinctive kangaroo and the brightly colored point-of-sale displays that Casella Wines shipped with the first batch of bottles.
Jon Stone (Max Casella) has written a tell-all play about his childhood, for which his actual mother is cast as his mother.
Neighbor Gisela Casella, 72, said they greeted each other in the mornings when she took her mixed terrier Chihuahua out for a walk.
Casella expects to sell 2 million cases of Yellow Tail in the U.S. in 2002, 600, 000 more than Aussie competitor Lindemans sold last year.
Demand grew stronger, sending Soutter to the bulk wine market and eating up the 75-cents profit Casella was said to see on each bottle (the company won't discuss margins).
When Soutter, general manager of Casella Wines, persuaded a U.S. importer to take on his Yellow Tail brand in June 2001, he expected to sell 25, 000 cases the first year.
East Rutherford Mayor James Casella admitted he's been worn down by all the stops and starts over the last 10 years, but said he can envision a day when the project could finally finish.
The runaway vintage is quite a feat for the Casella winery, founded by two Italian immigrants in 1969, which only recently was selling wine to the company that's now its main competitor, Southcorp, the Sydney-based giant.
The producer of Yellow Tail, Casella Wines of Australia, waited until last year to introduce its Moscato, in part because it didn't have enough quality fruit but also because it miscalculated the Moscato appeal, according to Tom Steffanci, president of W.J.
WSJ: Why You'll Be Drinking Moscato This Year | On Wine by Lettie Teague
His portfolio nowadays is an oddball collection that includes Casella Waste Systems, trading below one times revenue as earnings recover from two quarters of losses earlier this year, and GameStop, whose shares have rallied on rising sales and an expanding store network.
His portfolio nowadays is an oddball collection that includes Casella Waste Systems (nasdaq: CWST - news - people ), trading below one times revenue as earnings recover from two quarters of losses earlier this year, and GameStop (nyse: GME - news - people ), whose shares have rallied on rising sales and an expanding store network.
应用推荐