Wine Industry News - WIN Advisor
WEBAug 26, 2024 · May 9, 2024. - Advertisement -. Discover the latest wine news and daily updates within the wine industry. Stay up-to-date with wine press releases, editorial content, articles, educational webinars, and events calendar listings relevant to …
Wine Clubs Still Struggling: New WMC Study Features Consumer …
WEBJul 31, 2024 · By comparison, Hispanics (19% of the U.S. population) accounted for just 4% of wine club members. Club members’ mean age is 59, almost half are retired and more than three-quarters are older than 50. They are much wealthier than the typical U.S. household, whose income is about $60,000 per year. About one-third of …
We've Got Some Good News and Some Bad News—SVB 2022 …
WEBJan 21, 2022 · —Jeff Siegel The good news for the wine business? Premium wine sales increased 21 percent in 2021, and another strong year will follow in 2022. The bad
Wine Competitions—Worth It? - Wine Industry Advisor
WEBDec 21, 2021 · There’s almost always a cost to entering wine competitions. Several bottles of each entered wine—that otherwise could be sold—need to be sent to the competition at the winery’s cost. There’s also an entrance fee. DiManno estimates $75 for each wine variety in the 2020 competition.
New Wine Market Council Study Shows How ... - Wine Industry …
WEBSept. 13, 2023 – Napa Valley, California — Lately the wine news has been filled with reports of declining wine consumption in the U.S. Because of this, Wine Market Council (WMC) launched a new research study to investigate why this is happening and what types of wine and price points are still desirable. The study also shows other alcohol categories to which wine consumers are shifting.
Everything Changes: The New Wholesale and Distribution Landscape
WEBApr 10, 2024 · Everything Changes: The New Wholesale and Distribution Landscape. The second tier hasn’t stopped changing since the Recession ended in the mid-2000s, with wave after wave of consolidation since. By Jeff Siegel. Every time it seems that the wine business can’t change any more, it does. For example, …
WineAmerica Gets Vineyard Survey Breakthrough
WEBJanuary 3rd – WASHINGTON, DC– WineAmerica, the National Association of American Wineries, is pleased to report major early progress on one of its top 2023 policy priorities: A national vineyard acreage survey covering all 50 states. The breakthrough came as part of the massive $1.7 trillion Omnibus spending bill passed by Congress on December 23 and signed into law by President Biden.
WineAmerica: The Value of Associations - Wine Industry Advisor
WEBJun 27, 2022 · WineAmerica is currently updating the first-ever national Economic Impact Study of the American wine industry (compiled in 2017) with a 2022 version that will show the industry’s benefits not just nationally, but in each of the 50 states, including the impact of tourism. (The 2017 total national figure was $220 billion.)
Wineries Success in the Face of Mass Consolidations, Shutdowns
WEBJan 27, 2022 · In 2020, the global wine market was valued at around $417.9 billion, with an expanded compound annual growth rate of 6.4 percent through 2028, according to a recent analysis from Grand View Research. In the U.S. alone, the number of wineries has risen more than 50 percent between 2009 and 2021. Meanwhile, the …
Wine Industry Network (WIN) Recognizes 5 Companies with …
WEBNov 15, 2023 · Revida Water. Unlike conventional methods of winery wastewater treatment that involve multiple vendors, upfront capital expenditures exceeding $2 million, and lengthy installation periods, Leef Water simplifies the entire process.
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