Wine Industry News - WIN Advisor
WEBAfternoon Brief, September 20. By Editor September 20, 2024. Foley and Other Companies Buy Vintage Wine Estates Brands at Bankruptcy Auction: Bill Foley knows a good deal when he sees it. A few months after the California-based Vintage Wine Estates (VWE) declared bankruptcy, more than 20 wineries and brands from the firm are set to come …
Marketing Wine: Industry Insiders Stress Inclusion, Tradition
WEB10 hours ago · The WineRamp failure. In 2022, a group of industry leaders, including Rob McMillan of Silicon Valley Bank and analysts Dale Stratton and Danny Brager, formed WineRAMP to market wine through the same federal program that had boosted meat (”Beef: It’s what’s for dinner”) and dairy (“Got Milk?”).
New Wine Market Council Study Shows How ... - Wine Industry …
WEBSept. 13, 2023 – Napa Valley, California — Lately the wine news has been filled with reports of declining wine consumption in the U.S. Because of this, Wine Market Council (WMC) launched a new research study to investigate why this is happening and what types of wine and price points are still desirable. The study also shows other alcohol …
The #1 Reason Why U.S. Consumers Are Buying Less Wine – …
WEBJan. 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.
Wine Industry Advisor’s Top Articles of 2021
WEBDecember 28, 2021. 1089. In 2021, Wine Industry Advisor increased its focus on creating original editorial content. We’ve enhanced our list of contributors to include some of the industry’s best wine writing talent, and have been able to provide you—our broad audience of professionals and enthusiasts—the latest, most important ...
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, says Ray Johnson, the executive …
WineAmerica: The Value of Associations - Wine Industry Advisor
WEBJun 27, 2022 · WineAmerica is currently updating the first-ever national Economic Impact Study of the American wine industry (compiled in 2017) with a 2022 version that will show the industry’s benefits not just nationally, but in each of the 50 states, including the impact of tourism. (The 2017 total national figure was $220 billion.)
Evaluating the Wine Industry’s Economic Engine in 2022 and Beyond
WEBFeb 10, 2022 · At WIN’s Leadership Conference, experts analyze the financial state of the wine industry —Alexandra Russel On February 9, 2022, Wine Industry Network welcomed attendees to its virtual Leadership Conference, a day dedicated to understanding current economic conditions affecting the wine industry and best practices for maintaining a …
Wineries Success in the Face of Mass Consolidations, Shutdowns
WEBJan 27, 2022 · In 2020, the global wine market was valued at around $417.9 billion, with an expanded compound annual growth rate of 6.4 percent through 2028, according to a recent analysis from Grand View Research. In the U.S. alone, the number of wineries has risen more than 50 percent between 2009 and 2021. Meanwhile, the top two wine distributors …
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 …
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