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Treasury Wine Estates could create more than $2 billion in company value by selling its low-end U.S. brands and restructuring its operations here, according to a July 16, 2020 analysis by Merrill Lunch/BofA Securities. The analysis said that “TWE’s US business [is] being currently valued by the market at close to zero.” “Based on […]
More than 87,000 California businesses received funds from the from the Paycheck Protection Program (PPP). Of those, 244 California Wineries and Vineyards received funds totaling between $145 and $328 million according to online documents from the program.Precise numbers were not provided, only the range of funds. In addition, there have been numerous reports of […]
Source: Morning Consult
Source: Morning Consult
HIGH-LEVEL OFF-PREMISE OVERVIEW Overview: Nielsen COVID-19 insights and analysis Nielsen.com: COVID-19: Tracking the Impact on FMCG, Retail and Media Nielsen.com: How Americans are Shopping During COVID-19 Nielsen.com: Scenarios Beyond COVID-19: Rebound, Reboot, Reinvent Nielsen.com: Rebalancing the ‘COVID-19 Effect’ on Alcohol Sales Nielsen CGA: COVID-19: Measuring the On Premise Impact Unless otherwise noted, all trends […]
Social distancing impact on leisure and hospitality varies wildly from state to state Source: U.S. Federal Reserve
Source: Rabobank Wine Quarterly Q2 2020: Covid-19 and the US Premium Wine Market, Part I: The Challenges
Source: How the Pandemic Has Altered Expectations of Remote Work
Accurate recommendations can make big impacts Some types of recommendations rank higher with consumers Wine recommendation types are still wandering in the wilderness.