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Match Competitor Prices or Take the High Ground? // Could nonalcoholic wine be the toast of the town? // Old-world Wines gaining share across US On Premise

Match Competitor Prices or Take the High Ground? // Could nonalcoholic wine be the toast of the town? // Old-world Wines gaining share across US On Premise

March 28, 2023 - Wine Industry Insight Daily News Feed

Becca Yeamans
March 28, 2023

Today’s Top Story

Devil's Advocate: Match Competitors' Prices - or Take the High Ground?

Robert Joseph makes the case for taking the high ground, whether you're a 13th-century monarch or a 21st-century brand owner.

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More Top Stories

Could nonalcoholic wine be the toast of the town?

Winemakers are jumping on the sober bandwagon, helped along by young drinkers, climate change and something called a ‘spinning cone’.

Old-world Wines gaining share across the US On Premise

CGA by NIQ’s latest OPM (On Premise Measurement) research explores the share of Total Wine, with a focus on domestic white and red wine categories across the US, to highlight the opportunities for suppliers as old-world wines continue to gain share.

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California's ban on pesticides by 2050 sees the state's wineries embracing ‘slow wine’ - Decanter

California has unveiled its Sustainable Pest Management Roadmap, a long-range plan towards an environmentally sustainable culture.

Christopher S. Peacock Jr. of Peacock Family Vineyards has died

It is with great sadness that we announce the passing of a beloved member of our Spring Mountain District Family. Christopher S. Peacock Jr from Peacock Family Vineyards passed away on ⁣March 14, 2023, in St. Helena, CA, at the age of 90.⁣⁠

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Commercial Property in Central Coast for $14.5M

Search homes for sale, get school district and neighborhood info for Central Coast, CA on jennyheinzen.com -- Real Estate Search.

In Case You Missed It

SVB Assets Acquired by NC Bank. Wine Division Likely In The Deal. | Wine Industry Insight

First Citizens Bank & Trust Company, Raleigh, NC, has entered into a purchase and assumption agreement with the FDIC for all deposits and loans of Silicon Valley Bridge Bank, National Association, according to an official FDIC news release.

Wine’s Great Replacement Theory(s)? or “Don’t look up”

There are more reasons for not drinking alcohol than you think.

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Sales & Marketing

Sell more wine at your tasting room with these tips!

As you work to open your tasting room this spring, explore some DTC tips and tricks for visualizing the customer experience and selling more wine.

Devil's Advocate: Kylie Minogue, King Charles lll and the Lure of Celebrity Wines | Meininger's International

Kylie Minogue has sold 8m bottles of wine and cocktails. Bolliger has a royal warrant, indicating it has been supplying its Champagne to British Kings & Queens for over 150yrs. Robert Joseph considers the enduring appeal of producing for celebrities.

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Public Companies

Constellation Brands (STZ) Outpaces Stock Market Gains: What You Should Know

Constellation Brands (STZ) closed the most recent trading day at $219.49, moving +0.71% from the previous trading session.

Are Treasury Wine Estates Limited's (ASX:TWE) Mixed Financials Driving The Negative Sentiment?

Treasury Wine Estates (ASX:TWE) has had a rough month with its share price down 7.0%. It is possible that the markets...

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Finance, Investment, M&A

Champagne Maneuvers: Nicolas Feuillatte Owner Buys Henriot

Six months after François Pinault's wine company purchased all the Henriot wineries, it has spun off the historic Champagne house

Why First Citizens got a $16.5 billion discount for taking over Silicon Valley Bank

To get a deal done, government regulators agreed to a series of concessions.

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Environment, Climate, Wildfires & Smoke

Funding For Biodiversity Efforts Is Now Available To Wine Growers In Bourgogne

French wine producers are encouraged by the benefits of biodiversity. A new funding source helps make it possible.

California’s epic snowfall this year is compared with past winters on these maps

Maps show snowfall estimates in California based on analysis from the National Oceanic and Atmospheric Administration.

Viticulture, Agriculture, Growing & Farming

Pierce’s disease detected in Humboldt County grapevines

The following is a release from the Humboldt County Administrative Office: Grape leaf samples taken by the Humboldt County Department of Agriculture have tested positive for Pierce’s disease (PD). …

Investigating the most effective techniques to delay ripening through a meta-analytic approach

When subjected to climate-change-associated phenomena including high CO2 concentrations, elevated temperature and water stress, grapes display increased rates of sugar accumulation, leading to early and more compressed harvests in several winegrowing regions.

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Regulatory & Legal Issues

Valley considers its own winery event guidelines

A week after the county passed its Winery Events Ordinance, the Sonoma Valley Citizens Advisory Commission considered a more stringent approach, which was met with disappointment from industry stakeholders.

Canada is gearing up for its biggest ever alcohol tax increase

Canadians are primed for a hefty increase on federal tax on alcohol in what has been earmarked as the country's biggest price hike yet.

Today’s Most Interesting Wine Industry Data

Source: Morning Consult

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