Wine Industry News - WIN Advisor
WEBAug 26, 2024 · May 9, 2024. - Advertisement -. Discover the latest wine news and daily updates within the wine industry. Stay up-to-date with wine press releases, editorial content, articles, educational webinars, and events calendar listings relevant to …
We've Got Some Good News and Some Bad News—SVB 2022 …
WEBJan 21, 2022 · —Jeff Siegel The good news for the wine business? Premium wine sales increased 21 percent in 2021, and another strong year will follow in 2022. The bad
A Harsh Pill to Swallow: 2024 SVB Report Predicts Tough Times for …
WEBJan 18, 2024 · In May 2023, there was $1.71 in inventory for every $1 in sales. That dropped to $1.55 by September, but remains well above the approximately $1.25 to $1 level of 2021. The panelists noted that though those numbers include all alcohol, they’re still indicative of lots of wine backing up in wholesaler warehouses.
Wine Clubs Still Struggling: New WMC Study Features Consumer …
WEBJul 31, 2024 · By comparison, Hispanics (19% of the U.S. population) accounted for just 4% of wine club members. Club members’ mean age is 59, almost half are retired and more than three-quarters are older than 50. They are much wealthier than the typical U.S. household, whose income is about $60,000 per year. About one-third of …
Wine Industry Advisor’s Top Articles of 2023: Changing …
WEBDecember 28, 2023. In 2023, Wine Industry Advisor continued its mission to provide you — our broad audience of professionals and enthusiasts — the latest, most important information about key topics facing our industry. As this year comes to a close, we’ve taken a look back on 2023’s most-read articles.
Wine Competitions—Worth It? - Wine Industry Advisor
WEBDec 21, 2021 · There’s almost always a cost to entering wine competitions. Several bottles of each entered wine—that otherwise could be sold—need to be sent to the competition at the winery’s cost. There’s also an entrance fee. DiManno estimates $75 for each wine variety in the 2020 competition.
Everything Changes: The New Wholesale and Distribution Landscape
WEBApr 10, 2024 · Everything Changes: The New Wholesale and Distribution Landscape. The second tier hasn’t stopped changing since the Recession ended in the mid-2000s, with wave after wave of consolidation since. By Jeff Siegel. Every time it seems that the wine business can’t change any more, it does. For example, …
Wine Industry Network (WIN) Recognizes 5 Companies with …
WEBNov 15, 2023 · Revida Water. Unlike conventional methods of winery wastewater treatment that involve multiple vendors, upfront capital expenditures exceeding $2 million, and lengthy installation periods, Leef Water simplifies the entire process.
WineAmerica Gets Vineyard Survey Breakthrough
WEBJanuary 3rd – WASHINGTON, DC– WineAmerica, the National Association of American Wineries, is pleased to report major early progress on one of its top 2023 policy priorities: A national vineyard acreage survey covering all 50 states. The breakthrough came as part of the massive $1.7 trillion Omnibus spending bill passed by Congress on December 23 and signed into law by President Biden.
Smaller Producers Need Independent Retailers—Now More Than …
WEBAug 31, 2021 · Throw in the collapse of the on-premise business during the pandemic (and its agonizingly slow recovery), and smaller producers need independent retailers more than ever. Napa in a Bottle / Scott Warman, Unsplash. “Smaller producers can give independent retailers exactly what they’re looking for,” says wine marketer Paul Tincknell of Napa ...