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- Are Things Getting Better for the Wine Industry? SVB Says Yes — and No // WHO Global Status Report on Alcohol and Health
Are Things Getting Better for the Wine Industry? SVB Says Yes — and No // WHO Global Status Report on Alcohol and Health
June 26, 2024 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“Wholesale alcohol inventory is heavy, and sales are flat. While this chart is for alcohol and not just wine, one can’t write off this message. The reality is that the alcohol segment isn’t growing. Without growth, it is likely that distributors will seek discounts and promotions to reduce the backlog.”
The Rest of the News
Sonoma County vintner claims damage from stray Point Fire retardant drop
Bob Gallo dies. He helped lead Modesto-based winery and supported arts and other causes
‘Ultimate’ Champagne auction hits €1.35m in sales at Sotheby’s
Winemaker completes largest solar farm by an Australian beverage producer
Washington State Riesling Wins Top Honors in International Competition
Bold Predictions Session 3: Wine Advocates Push Back on Anti-Alcohol Movement
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