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Experts Agree: Direct to Consumer Sales Will Be One of Wine’s Few Bright Spots in 2024
Direct-to-consumer has been one of the most resilient parts of the wine market. By Jeff Siegel   The consensus is that Direct to Consumer sales will be one of wine’s few bright spots in 2024. Why...
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A Harsh Pill to Swallow: 2024 SVB Report Predicts Tough Times for Wine
Changing demographics, dropping demand and “bulging” inventories call for industry leadership and vision. By Jeff Siegel   There is very little good news in this year’s Silicon Valley Bank State...
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An Uncertain Economic Vintage: Wineries Navigate Consumer Demand Challenges Amid Recession Concerns
Three industry experts discuss the effects of economic uncertainty at a pivotal point for the wine industry  By Laurie Wachter   As the American economy teeters on the edge of recession, the...
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Gallup Poll: Wine Lags Behind, Spirits Gain Ground
Gallup’s annual Consumption Habits poll, which tracks American attitudes toward drinking and surveys who drinks what, shows wine dropping in popularity. By Jeff Siegel   More Americans are abstaining...
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SVB Fails: How Will This Effect the Wine Industry?
Silicon Valley Bank’s sudden closure leaves many wine-related companies with unanswered questions. By Jeff Siegel Earlier today, we all found out that Silicon Valley Bank, the 16th largest bank in the...
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SVB Report: 2023 Challenges Include Consumer Drop-off and Rising Prices
If a rising tide floats all boats, then a shrinking tide does the opposite. By Jeff Siegel This year’s Silicon Valley Bank (SVB) state of the wine industry report, released earlier today, pulls no punches....
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Mergers and Acquisitions Aren't Stopping. But Could They Slow Down?
With the raising of interest rates by the Federal Reserve, one may wonder if the recent flurry of M&A can continue. By Barbara Barielle   Daily news in the wine industry includes frequent stories...
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Turning the Tables on Rob McMillan—Wine Industry Analyst
Rob McMillan is one of the top wine-business analysts in the United States and the author of Silicon Valley Bank’s highly regarded annual State of the Wine Industry Report. He is a prominent speaker, both...
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We've Got Some Good News and Some Bad News—SVB 2022 State of the Wine Industry
—Jeff Siegel The good news for the wine business? Premium wine sales increased 21 percent in 2021, and another strong year will follow in 2022. The bad news? Wineries may well need those two banner years...
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Wine Industry Analyst Weigh-in: JUSTIN's Acquisition of Lewis Cellars
Wine Industry Advisor speaks to Rob McMillan, EVP of Silicon Valley Bank, about The Wonderful Company’s newest Napa label. —Barbara Barrielle The Wonderful Company is involved with almost every kind...