Wine Industry News - WIN Advisor
WEBOct 3, 2024 · May 24, 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 …
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 categories to which wine consumers are shifting.
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 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 ...
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
WineAmerica: Spreading “The Magic of Wine” in 2024 and Beyond
WEBJan 2, 2024 · The wine industry has a unique opportunity to shape its own destiny by spreading the word on the magic of wine. By Jim Trezise. In 2024, the wine industry is facing multiple challenges, including generational shifts in consumption patterns, innovation of the spirits sector, the increasing effects of climate change and ongoing propaganda on the harmful effects of alcohol.
12 Major Wine Trends Currently Shaping U.S. Retail Market
WEBSep 22, 2023 · Best performing still Italian wines are Whites $8 – $11 and $15 – $25, and Reds $8 – $11 and $50+. On-premise consumers prefer Italian wines to other imports by a significant margin. New York and California lead in importance for Italian still wines with Florida in third position. Stevie Kim, managing director of Vinitaly International ...
WineAmerica: What’s Wine Worth? $276 Billion
WEBSep 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 Clubs Still Struggling: New WMC Study Features Consumer …
WEBJul 31, 2024 · About one-third of wine club members earn more than $400,00 per year, and almost half make more than $200,000. Not surprisingly, price motivates wine club members. Some 97% said they joined to get discounts on wine, while 89% said they wanted discounted or free shipping. About 96%, meanwhile, said they wanted “flexibility” in …
Green in a Sea of Red: Winery Sales Are a Continuing Safe Haven …
WEBOct 28, 2022 · Although the market is currently uncertain, demand for high-quality winery and vineyard properties continues to exceed the supply. By Katherine Philippakis and Matthew Lewis. The U.S. financial markets are down, yet marquee California wineries are attracting high earnings multiples and Wine Country real estate continues to command exceptionally high prices.