Home Tags Millennials

Tag: Millennials

Afternoon Brief, July 1

How Wine Became Part of the Trade War: In the escalating trade war that threatens the world economy, wine is a minor skirmish at most. But it has its own list of casualties -- especially vineyards in the U.S., and drinkers in China with a taste for their product ...

Afternoon Brief, June 26

U.S. Supreme Court Strikes Down Tennessee Residency Law; Opens Door for National Wine Retailer Shipping Challenges: Seven of the justices delivered a strong defense of the Constitution's Commerce Clause in the face of discriminatory state alcohol regulations...

Afternoon Brief, April 22

Dave Phinney and Co. Are on a Spirited Mission to Transform Mare Island: Talk with many Napa Valley winemakers and theyll tell you that Dave Phinney has the Midas touch when it comes to making wildly popular, edgy wines ...

Afternoon Brief, April 19

Wine Executives Debate the Promise and Peril of Millennial Wine Consumers: Top wine executives on Thursday offered differing views on the promise and peril of marketing wine to millennials, who are poised to overtake baby boomers this year as the largest generation in the United States...

Is Gallo Saving the Wine Industry?

Betting on high-margin and high-growth sounds like a winning strategy, and Constellation’s stock rose on the morning after the announcement. But if Constellation was so eager to get rid of these brands, and consumer trends point toward premiumization, why would Gallo want to buy them?

How Can Wineries Reach Millennials? Personal Experience & Shipping Convenience

The “delivery economy” has upended consumer expectations for seamless at-home consumption. Younger buyers, particularly Millennials, now anticipate that businesses will cater to their desire for on-demand delivery options – and that trend is being felt by the wine industry, too.

Afternoon Brief, March 15

Big Vintners Face Challenges as Market Growth Slows: Shifting market conditions mean the wine industry needs to meet consumers where they're at, according to the latest data from market research firm Gomberg, Fredrikson & Associates...

Afternoon Brief, March 13

Napa Valley Cabernet Sauvignon Named Best Wine in the World as Vivino Announces 2019 Wine Style Award Winners: Vivino, the worlds largest online wine marketplace and most downloaded wine app, today announced Vivinos 2019 Wine Style Award winners ...

Afternoon Brief, March 12

The Maddening Business of Marketing to Millennials: "I do think Bordeaux is potentially losing a generation," argues NYC-based sommelier Cedric Nicaise. "The wines are expensive, seen as 'old' by many younger people and are not cool ...

Afternoon Brief, March 7

After Floods, Sonoma County Wine Industry Tallies Losses: Last week, a series of powerful storms inundated Sonoma County, dumping 7 inches of rain in Sebastopol and as much as 20 inches in Venado, an unincorporated community in the hills between Guerneville and Healdsburg, all in the span of just 48 hours...

Afternoon Brief, March 4

Napa Valley Vintner John R. Shafer Dies at Age 94: The Shafer family is deeply saddened to announce the death of their father, longtime vintner, philanthropist and winery founder, John Shafer on March 2, 2019...

Afternoon Brief, February 21

Constellation Brands to Discontinue 40% of Wine & Spirits Portfolio: This week at the Consumer Analyst Group of New York (CAGNY) Conference, Constellation Brands said that they expected to sell or discontinue up to 40% of their wine and spirits portfolio. Bill Newlands, president and COO, looked to reassure investors that the "best is yet to come."

Afternoon Brief, February 19

Excess California Coastal Wine, Grapes Open New-Brand Opportunities, Heighten Marketing Expense: How big the 2018 North Coast wine grape harvest now won't be known for a couple more months, but it's become increasingly clear that banking the emerging wine business cycle will take different or revived tactics after years of steady consumer sales growth...

Afternoon Brief, February 18

What's in a Name? AVA Overload: In a market jammed with producers desperate to stay (or become) relevant, winemakers are turning to the government in a desperate bid for desirability. Winemakers in the US and elsewhere are lining up to get the region in which they grow their grapes officially recognized...

Afternoon Brief, February 12

Napa County, Bremer Family Winery Reach Lawsuit Settlement: Napa County and Bremer Family Winery settled a lawsuit brought by the county against the winery over alleged permit and code violations, ending a dispute that called into question how the county interprets older use permits...