MARCH 16, 2023 – WINE NEWS FETCH

• Sonoma County vintners nervous over collapse of SVB: ‘We’re not out of the woods yet’
• Slow decline of wine volume sales set to continue, IWSR says
• Ecommerce and premium offer opportunities in ‘challenging’ wine market
• ChatGPT, Wine Writing, and Sommelier Education
• California’s Agriculture Has Outstanding Economic Performance, but at What Cost?
• From $60M To Under $4M: Value of SVB’s CEO Shares Tanked Almost Overnight.
• For Sale: Exclusive “off-market” Central Coast high capacity production facility – Sponsored Link

ICYMI (IN CASE YOU MISSED IT)

• SVB’s closure could disproportionately affect Black founders
• Former head of Silicon Valley Bank’s Napa wine division Rob McMillan hopes to keep his work going
• A Continued ‘Normalization’ in DtC Wine Shipping – What Does That Mean?

WINE SUPPLY & CONSUMPTION

• Singapore market a ‘perfect match’ for South Australian wines

CALIFORNIA BRIEFS

• “Anxiety Purgatory”: Winery Owners on the Aftermath of Silicon Valley Bank’s Collapse
• Why Esther Mobley changed her mind about tipping at Bay Area wineries [paywall?]

WILDFIRES/SMOKE TAINT

• Napa Valley wineries demonstrate fire mitigation to insurance intermediaries in a plea for lower premiums [paywall?]

WEATHER

• US forecaster says El Nino could arrive by summer 2023

DROUGHT/WATER

• How California is using flood water to prepare for drought [paywall?]
• Farmers, researchers working to shore up California water woes
• SoCal: Metropolitan board rescinds emergency conservation mandate imposed on dozens of communities
• California reservoir levels: Charts show water supply across the state [paywall?]
• Santa Rosa ends emergency drought declaration following winter storms [paywall?]

HEALTH

• Mediterranean diet cuts women’s cardiovascular disease and death risk by nearly 25%
• Primary prevention of cardiovascular disease in women with a Mediterranean diet: systematic review and meta-analysis

NFTs, BLOCKCHAIN, & THE METAVERSE

• NFT memberships are the next chapter for loyalty programs

ENVIRONMENT & SUSTAINABILITY

• France’s Green Wars Spark “Organic Crisis”

REGULATION & LEGAL MATTERS

• Constellation beats AB InBev in Corona and Modelo seltzer battle

FINANCE, INVESTMENT, M&A

• CVNE acquires Bodegas La Val in Rías Biaxas
• The other valleys hit hard by SVB’s collapse? Wine country (podcast)
• For the Wine Sector, Silicon Valley Bank Collapse is About More Than Money [paywall?]

AGRIFOODTECH

• University of Idaho engineering ‘smart’ wine vineyard across the country

INTERNATIONAL TRADE

• China Wine Tariff Pushes Australia’s Grape Growers Into Crisis [paywall?]

INVESTING IN WINE, COLLECTING & AUCTIONS

• 62nd Hospices de Nuits sets record price
• Hospices de Nuits barometer of ‘welcome’ cooling for high-end Burgundy prices

DATA & TRENDS

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

MARKETING & SALES

• Chateau Ste. Michelle And Live Nation Team Up To Reach Younger Wine Drinkers [paywall?]

PACKAGING, LABELS & CORKS

• Crate Takes Sustainable Packaging to the Next Level with World’s First Label-Less Wines

TRADE SHOWS & CONFERENCES

• What to expect from ProWein 2023

MATTERS OF TASTE

• Tedeschi Presents the Results from Their Study on Aromatic Imprint and Its Evolution During Aging on Wines of Valpolicella

WINE PEOPLE

• Meet the maker: Daniel Daou
• Interview With A Sommelier – Giuseppe Lavacca

NORTH AMERICAN REGIONAL WINE NEWS

• New Legislation Making Changes to Wine & Liquor in New York

ACADEMIA

• WSWA Educational Foundation College Scholarship Program Now Accepting Applications

AG, GROWER & CELLAR NEWS

• Scientists offer advice for vineyard management

EUROPE & THE UK

• UK: Lanchester Wines’ Andrew Porton on working with all kinds of producers
• UK: Alcohol duty increase ‘historic blow’ to wine and whisky industry
• Wine and spirits sectors bemoan UK duty changes

DOWN UNDER

• West Australia: Howard Park secures a sparkling future with acquisition of the Forest View Vineyard in Pemberton.
• New Zealand Sauvignon Blanc and where the industry will go next

AROUND THE GLOBE

• What You Need to Know About Bulgarian Wine

BEER, CIDER, WINE & SPIRITS

• Retailers get creative in their efforts to balance allocated spirits sales to a loyal customer base