DECEMBER 9, 2022 – WINE NEWS FETCH

• Fine Wine Market Cools Off
• WSWA’S SipSource Q3 Data Shows Continued Success for Spirits and Struggles for Wine
• Premiumisation continues, but showing signs of slowing
• Investable Wine Markets Hit New Highs in 2022
• Duckhorn’s Sales Reach $108 Million in First Quarter 2023
• Consumer Holiday Spending Is A Mixed Bag This Year.
• Hate filling out the CA Grape Crush Report? Now There’s help! – (Sponsored Link.)

ICYMI (IN CASE YOU MISSED IT)

• The Fine Wine Market in 2022: a cautionary tale – Liv-ex
• Consumers choose to drink less to save more
• What the public sales of Seven Stones and Meteor Vineyards mean [paywall?]
• Majority Of Consumers Expect Companies To Provide Women With Gender-Focused Support
• Grow your wine brand awareness in restaurants and bars of USA – (Sponsored link)

WINE SUPPLY & CONSUMPTION

• Languedoc winegrowers celebrate plentiful harvest

CALIFORNIA BRIEFS

• Far Niente secures approvals for its Bella Union winery [paywall?]

WILDFIRES/SMOKE TAINT

• Wildfire Smoke Can Slash California Solar Power Output [paywall?]
• California Fire Map
• Oregon Wildfire Tracker

DROUGHT/WATER

• California drought: Have winter storms helped reservoir levels? [paywall?]

CLIMATE CHANGE

• How Climate Change Could Make Arctic Wines More Prevalent
• Rioja’s Old Vines Hold Clues About Surviving Climate Change

CONSUMER SALES: DTC, ON- & OFF-PREMISE

• Authoritarianism and the Case Against Shipping Alcohol [paywall]

DIVERSITY

• Local winemaker honors his roots, caters to Latino market

HEALTH

• A sober sommelier on braving the holidays without booze

TAKING THE HIGH ROADS

• Scientists modify yeast cell and turn it into a cannabis tracker
• Awash in Illegal Marijuana, Oregon Looks At Toughening Laws [paywall?]

ENVIRONMENT & SUSTAINABILITY

• Regenerative Viticulture: the ‘new viticulture’ or a backward step?
• Enotria&Coe on taking the lead on sustainability strategy for wine industry
• Precision agriculture and vineyard company takes first place in Vancouver innovation competition

PUBLIC COMPANIES

• Duckhorn Portfolio ‘continues to outpace’ wine industry slowdowns: CEO
• Constellation Brands (STZ) Dips More Than Broader Markets: What You Should Know
• Pernod Ricard Doubles Down on the Sustainable Future of American Whiskey with Kentucky Investment
• Naked Wines plc (NWINF) Q2 2023 Earnings Call Transcript

FINANCE, INVESTMENT, M&A

• Americans Trim Their Holiday Spending Intentions

AGRIFOODTECH

• Monarch Tractor begins mass production
• How drinks manufacturers are using AI

INTERNATIONAL TRADE

• Chinese Wine Drinkers – Unlikely to Solve Australia’s Export Woes

DISTRIBUTORS

• High Point wine importer to shut down

INVESTING IN WINE, COLLECTING & AUCTIONS

• Bordeaux Index launches 12 casks of Christmas
• Château Angélus leads weekly trade – Liv-ex

MARKETING & SALES

• Distilled Spirits Council Issues Updated Code of Responsible Advertising and Marketing Practices
• E&J Gallo’s Edouard Baijot MW on promoting wine as a luxury product
• What it Takes to Build a Fine Wine Brand: In Conversation with Nigel Greening

PACKAGING, LABELS & CORKS

• Consumers Weigh in on Ingredient Labels for Wine

TRADE SHOWS & CONFERENCES

• New ProWein Boss

SOCIAL MEDIA & TECH

• Dark Horse encourages consumers’ adventurous spirit with influencer campaign

MEDIA MATTERS

• Sicily’s Planeta Winery Hosts HBO’s ‘The White Lotus’

MATTERS OF TASTE

• Prosecco for the Five Percent
• What Makes a Classic?
• There’s a lot to say about Cabernet Franc [paywall?]

WINE PEOPLE

• Meet the maker: Philipp and Vanessa Axt

WINE TOURISM

• Expanding beyond wine’s harvest horizons

NORTH AMERICAN REGIONAL WINE NEWS

• IL: Funerals are changing. One McHenry funeral home wants a liquor license to adapt to those changes.
• NY: Sen. Chuck Schumer meets with wine industry officials

EUROPE & THE UK

• Bordeaux Vignerons Take to the Streets in Protest
• UK Alcohol Deaths Surged to a Record During the Pandemic [paywall?]

DOWN UNDER

• Denys Hornabrook of VINEX on the Australian Wine Crisis

BEER, CIDER, WINE & SPIRITS

• Gosnells mead: the London producer exploring the terroir of bees