Second-Biggest Wine Sale in U.S. History, Including Bottles From the 1920s, Fetches $9.3 Million // How Evolving Consumer Demand is Changing the DtC Wine Industry

September 13, 2023 - Wine Industry Insight Daily News Feed

Becca Yeamans
September 13, 2023

Today’s Top Story

Second-Biggest Wine Sale in U.S. History, Including Bottles From the 1920s, Fetches $9.3 Million

The extraordinary single-owner collection included big-ticket vintages of Petrus, Romanee-Conti, Chateau Cheval Blanc, and Krug

More Top Stories

How Evolving Consumer Demand is Changing the DtC Wine Industry

There may only be two certainties in life, but consumer preferences are still undoubtedly going to evolve over time. This is definitely true in the direct-to-consumer (DtC) wine industry.

(LINK)

Digital Friction in the Wine Industry: Meeting Modern Consumer Expectations

Strategies to enhance user experience, personalization and loyalty for millennials and Gen Z consumers in wine e-commerce.

(LINK)

Wine Industry Insight Prime Sponsor

2 Napa Valley wineries join legal battle against county visitation rules

Small wineries Smith-Madrone and Summit Lake have joined Hoopes Vineyard in its countersuit against Napa County over regulation of on-site marketing by vintners with permits that predate a three-decade-old landmark local law.

(LINK)

Court asked to stop EPA from canceling chlorpyrifos products

A pesticide maker and farm groups have asked the U.S. 8th Circuit Court of Appeals to make the Environmental Protection Agency wait to see whether its ban on chlorpyrifos holds

(LINK)

Jim Fetzer’s massive Calif. vineyard resort for sale for $21 million

A legendary winemaker’s 160-acre California estate is for sale. Ceàgo Vineyards and Lakeside Casitas, featuring a massive lakefront compound and vineyard, is listed at $21 million, setting a record-high listing price for Clear Lake, California.

(LINK)

Wine Industry Professionals

Davis Bynum celebrated with legacy tasting in Healdsburg

Davis Bynum, the late vintner considered by many to be the father of Russian River Valley pinot noir, was celebrated last week with a legacy tasting.

(LINK)

Benchmark Wine Group picks new president

Jay James brings nearly four decades of experience in fine and rare wine, including three Napa Valley wineries, to the Napa-based retailer of collectible labels.

(LINK)

Wine Industry Insight Core Sponsor

Growing Your Business, Sales & Marketing

What Google image searches get wrong about wine lovers

The second session from the Wine Marketing Masterclass. Our new weekly course for anyone who sells or markets wine. Or students of the WSET Diploma, Master of Wine, or BA, MA, or MBA courses in wine.

(LINK)

ChatGPT Sparks Growing Interest in A.I. - Can It Help the Wine Industry?

Though the world’s been aflutter about the promise of ChatGPT, an artificial intelligence app, tech and creative pros say that while it has value, it’s not quite ready for prime time as a business application in the wine industry.

(LINK)

Wine Industry Insight Core Sponsor

Investing in Wine, Collecting & Auctions

Investing in Fine Wine: Six Trends Affecting the Market

Prices and demand are rising due to climate change, the rise of boutique vineyards, shifting tastes and other pressures.

(LINK)

New Cask100 wine and whisky investment fund to launch

A new wine and whisky investment fund named Cask100 is set to be launched via a joint-venture between US-based Winston Art Group and Artory...

(LINK)

Wine Industry Insight Core Sponsor

Environment, Climate, Wildfires & Smoke

Wine Australia targets 40% emissions reduction by 2030

A newly released Emissions Reduction Roadmap for the Australian grape and wine sector has outlined steps to reduce the sector’s carbon...

(LINK)

Spain invests €12 billion into battling drought crisis

Having seen a 28% drop in rainfall since last year, Spain will release drought relief funds worth billions, says its Environment Minister.

(LINK)

Wine Industry Insight Core Sponsor

Harvest 2023

Harvest 2023 in Pacific Northwest: What winemakers are saying

There is optimism for harvest 2023 in the Pacific Northwest, as picking begins in Washington and vineyards enter the final stretch in Willamette Valley

(LINK)

September 1st Marked the Start of Harvest Season for Beaujolais

September 12th - In late August, the Beaujolais vineyards received the green light for harvesting. Chardonnays were the first to kick off the harvest on

(LINK)

Wine Industry Insight Core Sponsor

Management & Employment

For Sonoma County’s most sought-after vineyards, protecting reputation is key

“A big part of my job is focusing on who we work with and why. It’s not just about cashing checks. We need to protect our brand,” the vice president of vineyards at Price Family Vineyards & Estate said.

(LINK)

12 ways to treat your staff all good business should follow

Drinks industry leader Ade McKeon shares the 12 steps he believes every good business should take to help and support their staff

(LINK)

Wine Industry Insight Core Sponsor

Wine Supply, Consumption & Production

Portuguese diversity on show as exports rise

The breadth of Portugal’s diversity was on full show in London yesterday, where lower yields, good value and newly emerging grape varieties formed an...

(LINK)

Vintage 2023 in Australia – observations from the AWRI helpdesk

The AWRI helpdesk, funded by Wine Australia, provides free confidential advice and support to Australian grapegrowers and winemakers and is in a unique position to track the technical issues that emerge each vintage.

(LINK)

Today’s Most Interesting Wine Industry Data

A little over 50% of consumers — 130 million — are considered to be “wine avoidant”.

Source: Pique Label

Wine Industry Insight Core Sponsor

The Rest of the News

Wine Industry Insight Core Sponsor

Second-Biggest Wine Sale in U.S. History, Including Bottles From the 1920s, Fetches $9.3 Million // How Evolving Consumer Demand is Changing the DtC Wine Industry

September 13, 2023 - Wine Industry Insight Daily News Feed

Today’s Top Story

(LINK)

More Top Stories

(LINK)

(LINK)

(LINK)

(LINK)

(LINK)

In Case You Missed It

(LINK)

(LINK)

Wine Industry Professionals

(LINK)

(LINK)

Growing Your Business, Sales & Marketing

(LINK)

(LINK)

Investing in Wine, Collecting & Auctions

(LINK)

(LINK)

Environment, Climate, Wildfires & Smoke

(LINK)

(LINK)

Harvest 2023

(LINK)

(LINK)

Management & Employment

(LINK)

(LINK)

Wine Supply, Consumption & Production

(LINK)

(LINK)

Today’s Most Interesting Wine Industry Data

The Rest of the News

Join the conversation

Wine Industry Insight