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The Novel Coronavirus looks as if it’s having a substantial impact on winery tasting room sales. According to Adrienne Stillman, Marketing Director for WineDirect, “Over the past weekend, we observed a 22% decrease in tasting room sales by volume compared to last month. This confirms the anecdotes we’ve been hearing from wineries: that […]
Source: Tourism Economics, an Oxford Economics company in a study done for Visit California Full study at this link
Source: American Association of Wine Economists
Source: Wine Intelligence via Harpers
NOTE: The author of this article, Lewis Perdue, is an award-winning investigative journalist, and has worked in a senior position with J. Walter Thompson advertising, and as a managing director with MSLGROUP/Publicis. He has taught journalism and communications as a member of the regular faculties at Cornell University and UCLA. He is the founder of […]
Source: Rabobank Wine Quarterly Q1 “Tariffs, trade agreements, and the coronavirus outbreak have shaped global trade in recent months,” according to Stephen Rannekleiv, global Strategist Beverages at Rabobank. “Hopefully, the latter will be contained quickly, but lost demand from the period will not be recovered. Tariffs and trade disputes are here to stay, and although […]
Source: Morning Consult
NEWS IMMEDIATE RELEASE, March 5, 2020 Purchase Introduces Award-Winning Crafts Spirits to IBG’s Portfolio and Diversifies Wine Offerings Denver, CO, March 5, 2020 – Integrated Beverage Group (IBG) announced today that it has acquired Ransom Wine Co. & Distillery in Oregon’s Willamette Valley in partnership with Ransom Founder, Tad Seestedt. An award-winning producer of […]
NEWS RELEASE March 3, 2020 San Leandro, CA: Cloud Agronomics is TerrAvion’s latest partner offering next-generation agricultural insights on crop performance that changes the way the industry looks at crop yields, pricing, and other critical agrarian business decisions. TerrAvion’s imagery program provides a professional platform strategically located across the United States for Cloud Agronomics’ […]