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Lewis Perdue is an entrepreneur, technologist, scientist, professor, author, publisher, journalist, and outdoorsman. Click here for more on Lew. Email Lew at: lewis[dot]perdue[at]wineindustryinsight[dot]com
Despite wine’s premiumization hopes, 90% of the top 20 off-premise brands are under $10 (11 are under $6!)
Source: IRI via Wines & Vines
TTB investigation source says Justice Dept. dropping ball on Jeff Hill Napa Valley grape fraud case
According to TTB personnel close to the case, federal prosecutors appear to have fumbled the wire & mail fraud case against Jeffry Hill. “Disgusting…disappointing,”a senior TTB official told Wine Industry Insight concerning the long delays in the case. Hill has been charged with perpetuating a wide-ranging Napa Valley grape and wine fraud case […]
Millennials way behind Boomers & GenX for wine consumption says Silicon Valley Bank
Source: Silicon Valley Bank 2018 Wine Industry Report
Silicon Valley Bank Predicts the US Wine Industry is at the Tail End of a 20-Year Growth Period
NEWS RELEASE Silicon Valley Bank Predicts the US Wine Industry is at the Tail End of a 20-Year Growth Period Retiring baby boomers and frugal millennials are driving a rotation of consumer preferences HELENA, Calif. – February 15, 2018 – Silicon Valley Bank (SVB) released its “State of the Wine Industry 2018”report today. […]
Constellation Brands names Bill Newlands President/ COO; Rob Sands Remains CEO
NEWS RELEASE Bill Newlands Named Constellation Brands President and COO;Rob Sands Remains CEO VICTOR, N.Y., Feb. 14, 2018 – Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, today announced that Bill Newlands has been promoted to president and chief operating officer (COO). Rob Sands, who previously held the title of […]
Consumers use these 3 online sources to make buying decisions. You better cover all bases if you want to make the sale
Researching a purchase Making a purchase Interacting with a company after purchase Source: 2018 Adobe Consumer Content Survey, United States data
CALIF CRUSH! 2017 Preliminary Report 4.007 Mil Tons of wine grapes, down a hair from 2016. Price up slightly
Download Complete 2017 Crush Report Report as PDF Red wine varieties accounted for the largest share of all grapes crushed, at 2,242,984 tons, down 1.6 percent from 2016. In 2017, Chardonnay continued to account for the largest percentage of the total crush volume with 14.5 percent. Cabernet Sauvignon accounted for the second leading percentage of […]
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