SVB Layoffs in Wine Country // Wineries' new covid reality: Higher tasting prices and kegs

May 26, 2023 - Wine Industry Insight Daily News Feed

Becca Yeamans
May 26, 2023

Today’s Top Story

SVB Layoffs in Wine Country

Following the takeover of Silicon Valley Bank by the FDIC on March 10th, I found myself needing to take a break from watching the news for several weeks. Our company had become the main subject of every news outlet, and unfortunately, it was for all the wrong reasons. The constant coverage of the "ugly news" was difficult and painful to endure. The experience only added to the already stressful situation for both employees and clients.

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Growing Your Business, Sales & Marketing

Wines from Spain’s Ribera Del Duero and Rueda Show Significant Sales Increase in U.S. Over Two-Year Period

Bucking recent wine industry sales trends, two of Spain’s most beloved regions experience sizable sales gains in the U.S. as other wines struggle. May 24,

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How restaurants can get a slice of Gen Z’s $360B spending power

This generation's prioritization of time, social media and altruism — combined with a comparative mistrust of tech — sets it apart from millennials and Gen X.

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Regulations & Legal Matters

French customs destroy 35,000 bottles of soda labelled “Champagne”

France’s customs have seized and undertaken the destruction of 34,968 bottles of soda bearing the label “Couronne Fruit Champagne”.

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Newhouse Introduces Legislation to Expand Consumer Choice, Increase Market Access for Local Breweries & Wineries through USPS Shipping

Rep. Dan Newhouse (R-WA) introduced the USPS Shipping Equity Act. This bill is critical in leveling the playing field and increasing consumer and manufacturer choice while bringing in millions of dollars in revenue per year.

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Investing in Wine, Collecting & Auctions

Three Unforgettable Wine and Spirit Auctions In London This June

London is set to host three extraordinary wine and spirit auctions this June, presented by Christie's Wine & Spirits department.

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Who Bought the World's Most Impressive Collection of Wine Books?

The Thackrey Library, a massive collection of winemaking and gastronomy texts, finds a new home at one of the world’s most celebrated wine estates

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Environment, Climate, Wildfires & Smoke

Moët Hennessy awarded new organic certification

Three of Moët Hennessy's estates have received fresh organic certifications, furthering the company's sustainability goals through its 'Living Soils Living Together' programme.

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Farmers face a soaring risk of flash droughts in every major food-growing region in coming decades, new research shows

If greenhouse gas emissions continue at a high rate, breadbaskets of Europe and North America will see a 50% chance of a flash drought each year by the end of this century.

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Brett is the Biggest Threat to your Winery - Webinar May 30, 2023

Join us for a 45-minute training session with industry experts and winemakers who have successfully tackled similar obstacles. Together, we'll explore strategies for implementing a comprehensive training program and safety protocols that empower your production team and protect your winery's integrity.

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Wine Industry Professionals

In memory of South Africa’s Martin Moore

One of the primary reasons I decided to focus my marketing business on the world of wine was the diversity of personable, warm-hearted people who inhabit this universe.

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Pernod Ricard UK's MD David Haworth to retire in August

Pernod Ricard UK will be saying farewell to its managing director David Haworth when he retires at the end of August, to be replaced by Julia Massies, currently chief financial officer of Pernod Ricard EMEA & LATAM.

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Today’s Most Interesting Wine Industry Data

Californians can expect hotter-than-average temperatures this summer. The National Oceanic and Atmospheric Administration (NOAA) predicts that the weather for June, July and August will be warmer than normal.

Source: Los Angeles Times

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SVB Layoffs in Wine Country // Wineries' new covid reality: Higher tasting prices and kegs

May 26, 2023 - Wine Industry Insight Daily News Feed

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Growing Your Business, Sales & Marketing

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Investing in Wine, Collecting & Auctions

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Environment, Climate, Wildfires & Smoke

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