Tighter Fit on Shelves and in Stores
Off-premise sales accounted for 59% of the value and 83% of the volume of wine sold in the U.S. last year. Despite the ongoing shift in consumer spending back to on-premise, the tempering effects of inflation are likely to leave the balance little changed this year. According to estimates by market research firm bw166, consumer […]
Costs, Supply Top Trade Concerns
The modest growth of the U.S. wine market matches the pessimistic view of the wine trade as the start of the peak wine sales period heralds an underwhelming finish to 2022. Conducted in August and September and commissioned by the Wine Market Council, the survey of 550 people found a majority of those working in […]
Industry Metrics: Off-Premise, DtC Decline
Value of Domestic Wine Sales for 12 months ended November 2022 +8% U.S. wine sales including bulk imports, bw166 Other Wine Industry November 2022 (versus November 2021) data: -2% off-premise sales value, NielsenIQ channels +22% on-premise sales (52 weeks ended Oct. 8), CGA Strategy by NielsenIQ -8% DtC shipment value, Wines Vines Analytics/Sovos ShipCompliant […]
Next Phase in Place at Vineyard 29
Keith Emerson might well have been one of the busiest winemakers in Napa Valley even before taking on the additional role of winery executive as part of a long-range transition plan at Vineyard 29. Since 2000, the estate has been owned by Chuck and Anne McMinn who came to Napa Valley scouting for a vacation […]
Upcoming Events
Direct to Consumer Wine Symposium: Jan. 18-19, 2023 Presented by, and a fundraiser for, Free the Grapes, the symposium is scheduled to take place virtually and in-person in Concord, Calif. dtcwinesymposium.com Unified Wine & Grape Symposium: Jan. 24-26, 2023 North America’s largest wine and grape conference and trade show held at the SAFE Credit Union Convention […]