Tag: Millennials

The landscape of wine consumption is undergoing a dramatic transformation. By Nathan Westfall   The world of wine has long been associated with tradition, craftsmanship and a...

California North Coast Wine Grape Growers Should Recognize Shift in Winery Demand, Broker Says: While the storm clouds of recession may be looming two to three years out for the overall U.S. economy, the wine business in the North Coast and elsewhere in California should be taking action now as consumer sales slow and the supply of grapes and wine in tanks increases, according to experts at an industry conference in Santa Rosa on Thursday ...

Wine Industry Award Winners Announced - Winners of the 7th Annual Wine, Spirits and Beer Industry Awards have been announced by the North Bay Business Journal. The awards recognize individuals, as well as suppliers, for their contributions to the industry. They will be honored at a Business Journal event later this month ...

Online Retailer Wine Access Shares Data That Points to Gen X as Key Market Demographic San Francisco, August 28, 2019 - Wine Access, a leading online...

Wineries Share Their Point-of-Sale System Priorities and Experiences - Point-of-Sale systems in wineries seem to be a love-hate relationship many times the hate overcoming the love as the frustrations of adapting to changing and challenging environments puts a strain on winery personnel and the electronic retail and data system that supports their efforts ...

Millennials Maybe, but New Data Direct the Wine Industry to Gen X: It's doubtful anyone questions how much influence the Baby Boomer generation has had (still has) on the continued growth of the U.S. wine industry over the past forty years-the latest Wine Analytics Report has domestic table wine sales at $73 billion, 3% higher than last year at this time...

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 ...

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...

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 ...

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...

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?

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.

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...

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 ...

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 ...