Hope Grows Despite Shrinking Markets
Wine, together with the rest of beverage alcohol, has long been considered a stable investment. Whether people are celebrating or lamenting, a drink has been a traditional source of comfort. It is both a toast to success and an aspiration to better times when disappointment strikes. But recent years have delivered a sobering trend, challenging […]
Venturing into the export market can be intimidating to wineries, and succeeding in that endeavor is another challenge entirely. Especially for staff and the owners of smaller wineries, who already have so much to handle in operating their business, it may be tempting to dismiss exporting. Honore Comfort, the Wine Institute’s vice president for international […]
Industry Metrics: DtC Value up 5%
Domestic Wine Sales Value 12 months ended April 2024 +4% U.S. wine sales including bulk imports, bw166 Other Industry Metrics for April 2024 (versus April 2023) data: -3% off-premise sales value, NIQ channels –% on-premise sales (52 weeks ended Feb.24), CGA by NIQ +5% DtC shipment value, WineBusiness Analytics/Sovos ShipCompliant -25% Winery Job Index, Winejobs.com […]
Upcoming Events
International Bulk Wine & Spirits Show: July 23-24 The seventh annual International Bulk Wine and Spirits Show (IBWSS) takes place in San Francisco, bringing together bulk wine and spirits brokers, contract bottlers, grape growers, and private label professionals. ibwsshow.com Winejobs.com Summit: Nov. 12 Winejobs.com Summit is a one-of-a-kind gathering for HR managers to connect with their […]