Category Archives: Wine

Champagne Withstood Covid Crisis, Did Better Than Expected, Officials Say

Posted on February 14, 2022 by Joel Whitaker

No question about it: 2020 and 2021 were exceptional years, thanks to the Covid pandemic.  Exceptional, but not in a good way, officials of the Champagne Bureau said in a Zoom press conference.  “Champagne sales collapsed during this difficult time,” … Continue reading →

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Entry Level Wine Declining for Years: SVB

Posted on January 20, 2022 by Joel Whitaker

Entry-level wine has been declining for years as those who lived through the Great Depression, who “often bought alcohol on an ethanol-per-dollar basis,” gave way to younger boomers “who aren’t frugal at all,” says Rob McMillan, svp, Silicon Valley Bank Wine … Continue reading →

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Why Is Wine Losing Share to Spirits? Look at Advertising.

Posted on January 19, 2022 by Joel Whitaker

But while wine’s advertising spending is stunningly low, advertising may not be the entire solution, Rob McMillan, senior vp, Silicon Valley Bank, said in a podcast introducing the 2022 edition of SVB’s 62-oage “State of the U.S. Wine Industry” report.   McMillan thinks restaurants … Continue reading →

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Wine’s Biggest Issues for 2022: Covid, Supply Chain Crisis, Inflation — Ciatti

Posted on January 13, 2022 by Joel Whitaker

While the global winegrape broker is hopeful that the Covid virus may be in the proc4ess of transmuting itself from a pandemic to an endemic, similar to the flu, it describes the worldwide shipping container shortage as a “crisis.”  “Trucking, … Continue reading →

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Mayacamas Vineyards Opens New Estate Hospitality Center

Posted on December 6, 2021 by Joel Whitaker

The rebuild follows the destruction of the old house by the 2017 fires. Backen & Gillam Architects designed the exterior and Bradfield & Tobin envisioned the interior elements of the space, both carefully constructed to reflect the rich history and … Continue reading →

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40% of Large Wine M&A Was in U.S.

Posted on November 23, 2021 by Joel Whitaker

Of the 20 global wine M&A deals tracked by Zenith Global, more than 40% were done in the U.S., Rabobank‘s lead beverage strategist, Steven Rannekleiv, notes in the latest Rabobank Wine Quarterly, which went out to clients yesterday (11/23).  Typical was … Continue reading →

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