money economics finance
Evaluating the Wine Industry’s Economic Engine in 2022 and Beyond
At WIN’s Leadership Conference, experts analyze the financial state of the wine industry —Alexandra Russel On February 9, 2022, Wine Industry Network welcomed attendees to its virtual Leadership Conference,...
Set of multiple red wine bottles isolated on white
Counterfeiting Is a Lingering Stain on the Wine Industry
—Melanie Young Counterfeit wines and spirits cost the global industry $3.18 billion in direct sales, and the impact can be felt at many levels. A European Union Intellectual Property Office (EUIPO) report...
Blue sign hanging at the glass door of a shop saying: "Business for sale"
Selling a Wine Business? Here's What You Need to Know
The situation happens so often these days that it has become a cliché—the Baby Boomer winery owner who knows it’s time to retire, but has decided to sell rather than to leave the business to the family....
The Mondavis: Four generations of a family-run business that dates back to 1861
Successful Succession Planning for Family-Owned Wine Businesses
Yes, knowing the tax implications can save millions of dollars, and working through the various licensing requirements that need to be met when the business changes hands is also crucial. But none of that...
DTC Shipping Report Cover art
The Next Normal—DtC Shipping Reverts to Pre-Pandemic Predictions
—Alexandra Russell The 2022 Direct to Consumer Wine Shipping Report has been released, and the industry is likely breathing a collective sigh of relief. The report, an annual collaboration between Sovos...
Wine glasses in a row. Buffet table celebration of wine tasting. Nightlife, celebration and entertainment concept. Horizontal, cold toned image, wide screen banner format
The Next Varietal Trend—Analysts Weigh In
In the 1980s and 90s, the next big thing in wine was White Zinfandel. In the 2010s, it was sweet red blends. So, what’s the next varietal-driven wine that will delight consumers and propel industry growth? —Jeff...
Close-up Of King Chess Pieces On Wooden Blocks With Mergers And Acquisitions
Wineries Success in the Face of Mass Consolidations, Shutdowns
The number of wine products continues to increase, distributors continue to decrease. What now? —Kathleen Willcox In 2020, the global wine market was valued at around $417.9 billion, with an expanded compound...
Ken Friedenreich, 1947—2121
Turning the Tables Posthumously on Ken Friedenreich—Wine Writer and Industry Devotee
I learned of Ken Friedenreich’s death in the November issue of Oregon Wine Press, and I was ridden with guilt. I initially met Ken when I started my PR agency in 2009; we both seemed to appear at all the...
Siduri Cellars custom QR code
Leveraging QR Codes to Increase Wine Sales
Just a few years ago, QR codes were the anchovies of the wine label. A very specific product that consumers would either automatically gravitate toward, or spurn completely. But the pandemic changed that....
Bloomberg
Latest Research on Smoke Taint Revealed
—Barbara Barrielle Tom Collins, head of the smoke research efforts at Washington State University, spoke to the industry on January 20 about his latest progress in his multi-year research on the effects...
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