MARCH 14, 2023 – WINE NEWS FETCH

• Silicon Valley Bank – the Failed Link Between Tech, Wine and Money
• U.S. regulator planning another SVB auction
• SVB Hit With First Securities Fraud Suit Over Bank’s Failure [paywall?]
• US breaks records in bulk wine imports
• A New Way to Pinpoint the Science of Terroir
• The future of Gen X drinking
• Wine has a serious image problem
• In U.S., 47% Do Not Expect Return to Pre-Pandemic Normalcy
• Here’s How The SVB Collapse Compares To Previous Bank Disasters.
• Quietly for sale; In-Demand Vineyard in Paso’s “Hot Spot” – Sponsored Link

MORE SVB COVERAGE

• SVB Puts Subsidiaries Up For Sale
• Why Wineries and Food Start-Ups Relied So Heavily on Silicon Valley Bank in the First Place
• Crimson Wine Group Says It Had No Relationship With Silicon Valley Bank
• Naked Wines PLC confirms ‘robust’ liquidity position in the aftermath SVB collapse

OBITUARIES

• John Vicini, founder of Trecini Winery in Santa Rosa, dies at 74 [paywall?]

ICYMI (IN CASE YOU MISSED IT)

• What is the Future of the Silicon Valley Bank’s Wine Reports?
• Vintage Wine Estates Announces Sale of Tenma Vineyard
• HSBC acquires Silicon Valley Bank UK in last-minute deal

WINE SUPPLY & CONSUMPTION

• Bordeaux in 2023: The State of the Art

CALIFORNIA BRIEFS

• The collapse of Silicon Valley Bank: A one-off calamity, or sign of more trouble for California?
• Sonoma County Board of Supervisors to consider new winery event regulations [paywall?]
• Gil Family Estates Announces New U.S Executive Vice President

WEATHER

• Why rain on snow in the California mountains worries scientists
• Tuesday’s atmospheric river in the Bay Area will have ‘wide-reaching and long-lasting impacts’

DROUGHT/WATER

• Wet winter put the ‘nail in the coffin’ for California drought

CLIMATE CHANGE

• Climate change resilient soil management techniques in Oltrepò Pavese vineyards – Northern Italy

CONSUMER SALES: DTC, ON- & OFF-PREMISE

• WSWA Responds to Recent Stories on the Efficacy of DTC Alcohol Shipping
• A new direct-to-consumer ordering electronic platform may make it easier for restaurant patrons to order wine with a smartphone

DIVERSITY

• Pregnancy and Motherhood Could Revolutionize Wine if We Let It
• How Aslina Wines, South Africa’s First Black Woman-Owned Wine Brand, Came to Be
• How One Woman Put Vermont on the Map for Winemaking
• Celebrating CT’s women in wine

HEALTH

• Alcohol use is widely accepted in the US, but even moderate consumption is associated with many harmful effects

NFTs, BLOCKCHAIN, & THE METAVERSE

• Château Malartic-Lagravière to launch NFT magnums

ENVIRONMENT & SUSTAINABILITY

• To Cultivate Modern Sustainability, A California Wine Region is Turning to Very Old Methods
• Producers of Vegan and Sustainable Wines Need to Break the TTB Approval Barrier for Access to Innovative Additives
• Troon Vineyard joins world’s regenerative elite, becomes 1 of 4 farms globally to achieve Regenerative Organic Certified Gold

REAL ESTATE

• BC: $13.5 M for East Kelowna winery

PUBLIC COMPANIES

• Treasury Wine ‘well-positioned’ to recruit next generation of US drinkers
• Virgin Wines profits plummet to £0.1m
• Virgin Wines 1H Pretax Profit Fell as Revenue, Ebitda Hit by One-Offs [paywall?]

FINANCE, INVESTMENT, M&A

• Live updates: Regional bank stocks rebound as SVB tensions ease [paywall?]
• Experts flag moral hazard risk as U.S. intervenes in SVB crisis

INVESTING IN WINE, COLLECTING & AUCTIONS

• How Champagne Has Outpaced The Stock Market In Recent Times [paywall?]
• Record sales for Burgundy’s Hospices de Nuits 2023 auction
• Asian investors toast fine wine’s terrific returns

DATA & TRENDS

• How To Tell If A Survey Is Credible: Minimum Standards

WINE SELECTION AND RECOMMENDATION

• Yoshino’s Sommelier On Creating a Balanced Wine List for Chef Yoshida’s Meticulous Omakase

MEDIA MATTERS

• Wine Book Reviews: Two Perspectives on Italy and Its Wines
• Welcoming Decanter’s new Champagne correspondent
• Why Do Movies Get Drinking So Wrong? (podcast)
• How Paul Gregutt Came To Write About Wine

MATTERS OF TASTE

• Extreme Winemaking for Extreme Conditions
• Olivier Krug on the connection between Champagne and music
• 6 Winemakers Who Value Originality Above All [paywall?]

WINE PEOPLE

• A Great Italian White Wine Family Loses Their Leader, Leaving His Daughter To Take The Reins [paywall?]

NORTH AMERICAN REGIONAL WINE NEWS

• Survey shows most Canadians will ignore new alcohol guidelines
• Seven Oregon wineries share advice and observations from the past 20 years

AG, GROWER & CELLAR NEWS

• Precision agriculture to know intra-parcel variability and optimize vineyard management
• Research into moth-eating bats could drive natural pest control on Australian vineyards

EUROPE & THE UK

• ‘Nano-diamonds’ in soil found to enhance Langueadoc wine
• UK: Price of a bottle of wine set to rise 45p in Budget alcohol tax rise

BEER, CIDER, WINE & SPIRITS

• US spirits exports soar by 30% to top US$2bn