Tag Archives: Rob McMillan

Pandemic Caused 10-Fold Jump in Online Sales at Family Wineries

The Covid pandemic resulted in a 10-fold increase in online sales at family wineries, Rob McMillan, evp and founder, Silicon Valley Bank Wine Division writes in his latest “State of the Industry” report, released yesterday. The pandemic rewarded those wineries that … Continue reading

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‘Normal’ May Start to Return in Mid-May

If “normal” means the resumption of major league sports, target a date in mid-May.  That’s when Major League Baseball expects to resume play, the league says, citing

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Covid-19 Won’t Impact Long Term Demand

‘This is a short term demand shock. Consumers will buy less wine for a short time because there is a reduction in the number of occasions; canceled sporting events, conventions,

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There’s a Lot Wineries Can Do to Reverse Declining Trend, Panel Says

Silicon Valley Bank has rolled out its annual analysis of the wine industry.  This year is different than some in the past with an oversupply of wine.  “We’ve never made better

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Low Response Threatens SVB Wine Industry Survey

Rob McMillan, executive vp and founder of Silicon Valley Bank’s Wine Division, couldn’t be more direct:  If he doesn’t get

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Wine Business Entering Uncharted Territory

Wine supply is moving into unknown territory, writes Rob McMillan, senior vp and founder, Silicon Valley Bank Wine Division in the latest SVB on Wine. “We have now reached the point where we have a large and unhealthy excess in … Continue reading

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