New Vine resumes shipments after cash infusion

<p>NAPA, June 11, 2009 -- Direct-to-consumer wine fulfillment provider New Vine has started shipping again after having suspended that activity at the beginning of this month.</p><p>New Vine started sending out shipments last night from its American Canyon fulfillment center as part of a deal June 5 between Napa-based wine-order conduit Intertia Beverage Group and New Vine's senior creditor, Silicon Valley Bank, according to Josh Langford, vice president of sales and marketing. </p><p>"We're excited to be working with IBG and shipping again," he said today.</p><p>New Vine suspended operations at the beginning of this month when its financial backers declined to provide more money. The company had been working with a 40-person staff to get wine to customers for auctions and arrange other forms of shipping.</p><p>Now the company is starting with the most "critical needs" of its customers, including shipments to customer accounts on allocation.</p>