Wine Treading Water in US Market
Spirits are winning when it comes to the huge US market, but there are some hopeful signs for wine. (Wine-searcher)
Recent Data Suggests Big Change May Be Happening in the Alcohol Premiumization Story
Sub-premium beers — such as Keystone Light, Miller High Life and Milwaukee’s Best — were the only category to show growth year over year in June’s National Beer Wholesalers Association‘s Beer Purchasers Index. The index for imports, craft, premium lights, premium regular, seltzers and ciders all fell compared to this time in 2021. For spirits, luxury brands continue strong, but moderately priced spirits in the $10 to $29 range saw sales slow as spirits under $10 increased market share, according to Royal Bank of Canada. (Vinepair)
Why it really does matter when family-owned Napa wineries sell to corporations
Leaving aside general arguments about the concentration of corporate interests, I believe there is something unique about wine that makes it, at its core, a business suited to families — to multi-generational families. (San Francisco Chronicle)