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Scott Kerr is joined by David Pearson, president & executive chairman at Joseph Phelps Vineyards, one of the most respected and acclaimed wine properties in the United States. Founded more than a half a century ago, the family-run winery was acquired by LVMH’s Moët Hennessy in 2022, adding to its portfolio of luxury wines and spirits. David discusses the winemaker's legacy of revolutionizing California winemaking in the 1970s, how its flagship Insignia wine became a status symbol around the world, and why the brand was sold to Moët Hennessy. He also talks about ways the wine industry could right-set its many challenges and how its winery is adapting to climate change. Plus: How Canada's retaliatory tariffs on the U.S. has impacted his business Featuring: David Pearson, President & Executive Chairman at Joseph Phelps Vineyards (josephphelps.com) Host: Scott Kerr, Founder & President of Silvertone Consulting About The Luxury Item podcast: It's a podcast on the business of luxury and the people and companies that are shaping the future of the luxury industry. Stay Connected: scott@silvertoneconsulting.com Listen and subscribe to The Luxury Item wherever you get your podcasts. Tell a friend or a colleague!