The other finalist
Interpublic's Dailey & Associates, Los Angeles, was the incumbent.
The move comes as winemakers face their biggest glut since the 1990s. A record harvest in 2000 combined with the economic slowdown that resulted in fewer restaurant-goers created an "oversupply in the market," according to industry publication Impact.
Among the hardest hit wines were those in the $5 to $15 a bottle range, the publication said.
Calls to the marketer were not returned by press time.