Wine Industry News - WIN Advisor
Oct 3, 2024 · 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 wine business professionals.
Wine Industry Advisor’s Top Articles of 2023: Regulations and ...
December 22, 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 Industry Network (WIN) Recognizes 5 Companies with 2024 ...
1 day ago · Vineyards and wineries face new, growing and shifting challenges each year, whether from the continued pressure to stay ahead of the competition or the need to adapt to new environmental or market conditions. Meanwhile, behind the scenes, wine industry suppliers and service providers continuously ...
The #1 Reason Why U.S. Consumers Are Buying Less Wine – …
Jan. 16, 2023 – Napa Valley, California — The downturn in U.S. wine sales is real and substantial, confirmed by multiple data sources and extends all the way to actual consumption. Pandemic effects, inflation, competition, high inventories and channel switching all have had impacts, but don’t explain the downturn completely.
A Harsh Pill to Swallow: 2024 SVB Report Predicts Tough ...
Jan 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 Industry Advisor’s Top Articles of 2021
Dec 28, 2021 · As this year comes to a close, our editorial team looked back on some 2021’s most-read articles. Topics span the spectrum—from mergers and acquisitions to wildfire; viticultural developments and data technology; and even some insightful (and at times humorous) opinion pieces. Wine Industry Advisor would like to thank its dedicated readership.
The Grapes of Math: How the Wine Industry Can Survive Financial ...
October 4, 2024. If wine businesses are going to survive this period, they need to make some changes. to adapt to the current market. By Kevin A. Krakora. The wine industry is experiencing a complicated period of decline. Shifting consumer preferences and mounting financial pressures have left many wineries around the world in the lurch.
We've Got Some Good News and Some Bad News—SVB 2022 …
Jan 21, 2022 · Meanwhile, at least 10 percent of the restaurants that were closed in February 2021 likely never reopened, and Brager said that percentage was almost certainly higher for the fine dining locations that play such a crucial role in wine sales.
WineAmerica: What’s Wine Worth? $276 Billion
Sep 21, 2022 · The national wine industry will generate $276.07 billion in economic activity for the American economy in 2022, according to a new study unveiled September 21 by Representatives Mike Thompson (D-CA) and Dan Newhourse (R-WA), co-chairs of the Congressional Wine Caucus. The study was conducted by John Dunham & Associates, and was sponsored by ...
Wine Industry Articles Archives
October 24, 2024. There are currently 150 Congressional Wine Caucus members in the House and Senate, and once the election is settled, WineAmerica will work with the CWC to recruit additional legislators. By Jim Trezise,... DTC Featured Sales & Marketing Wine Industry Articles.