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Wine Industry Insight |
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Source: Nielsen via Wine Industry Insight
The race for the top end of the wine business is all the rage and presented as something kin to the next gold rush for wine. There are, indeed, opportunities, but also some barriers including market sizes, demographics and more. Good data is vital for making sound business decisions and getting a grasp on […]
On Friday, I spent six+ hours actually enjoying a wine industry meeting — the Nomacorc|Vinventions meeting at the Carneros Inn– that was as remarkable for what it didn’t have as for what it did. Sadly, most wine industry meetings have developed the same charm and necessity as a colonoscopy: necessary, but to be avoided as […]
The overall revenue growth rate of on-premise table wines has been slowly decreasing over the past two years, according to the Nielsen Wine Overview dated Feb. 25, 2017. However, before jumping to conclusions, it’s vital to recognize that — while this view from 10,000 feet can be indicative of a trend — it says […]
Last night, WX Brands posted a factually incomplete and structurally flawed news release — “New Acquisitions Propel WX Brands into Wine Industry Top 20.” The release is jam-packed with incomplete statements and assertions without any sort of data or verification. The absence of actual, relevant facts puts this solidly in the ranks of “fake […]
Global drinking: What do other countries drink … and how much Lots more fun charts at the source: “A night out in 31 countries”
According to the Wine Spectator, “Charles Banks, the financial advisor and founder of Terroir Life, which owns or manages nearly a dozen wineries in California, New Zealand and South Africa, pleaded guilty to one count of wire fraud in a federal courthouse in San Antonio today…. The charge carries a maximum penalty of 20 years […]
The California Secretary of State’s (SOS’s) office is shortchanging legal cannabis businesses and their consumers by failing to register trademarks for the newly legalized industry, according to a long-time wine industry attorney, Jay Behmke, of Healdsburg. Including the word “cannabis” or “marijuana” in the state trademark application has, so far, been the kiss of […]
Source (click for animated map): Business Insider