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Constellation Brands Results Top Estimates // Are You a Wine Geek?
Daily News Feed - June 30, 2023
Today’s Top Story
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Happy Friday, everyone. Note that with the US 4th of July holiday coming up on Tuesday, there will be no Daily News Feed on Monday, July 3 or Tuesday, July 4.
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In Case You Missed It
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Viticulture & Enology
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Labor Issues
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Sales & Marketing
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Climate Change & Weather
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Wine Industry People
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Wine Consumption Trends
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Videos & Podcasts
Ted Lemon of Littorai talking about his farming
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Friday Fun
With most of us Americans excited for vibrant fireworks displays on Independence Day (4th of July) Tuesday, we leave you with this beautiful drone-powered light show from this week’s Bordeaux Wine Festival 2023.
Wow.
In Bordeaux France, drones did their thing at the Wine Festival.
— Danny Deraney (@DannyDeraney)
4:42 PM • Jun 26, 2023
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Today’s Most Interesting Wine Industry Data
Alcohol is one of the least popular food and beverage items consumers purchase online. But there’s a strong case for long-term growth as regulations ease and consumer behavior around digital grocery continues to evolve.
Key Question: What percentage of alcohol sales will occur online in the next five years?

Key Stat: Ecommerce will account for just 5.0% of off-premises alcohol sales in 2027, but larger food and beverage trends suggest a higher ceiling for digital growth.
Source: Insider Intelligence
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