Tag: Silicon Valley Bank
Silicon Valley Bank Closure Leaves Wine Industry Clients in the Weeds
There may not be quick answers to the biggest questions
facing the wine industry after Silicon Valley Bank collapsed on Friday — including the...
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...
Afternoon Brief, January 31st
The Passing of Entrepreneur, Vintner, and Art Collector, Donald M. Hess, (1936-2023): Donald M. Hess, entrepreneur, vintner, and art collector, passed away peacefully in Bern, Switzerland, on January 30, 2023, at 86...
Afternoon Brief, January 20th
DTC Symposium Recap: Engaging the Future: The 2023 Direct to Consumer Wine Symposium, which took place Jan. 18-19, was a forward looking affair featuring panel discussions and data presentations focused on future opportunities for the wine industry — and, of course, DTC, in particular...
Afternoon Brief, January 19th
Silicon Valley Bank Releases Annual State of the US Wine Industry Report: The 22nd edition of the annual report provides an assessment of the industry amid current market conditions and shares a unique forecast for the year ahead based on proprietary research and economic and behavioral trends among consumers...
Afternoon Brief, January 18th
SVB Report: 2023 Challenges Include Consumer Drop-Off and Rising Prices: This year’s Silicon Valley Bank (SVB) state of the wine industry report, released earlier today, pulls no punches...
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...
Afternoon Brief, January 13th
Jane Anson Publishes the First Wine Article Written by Artificial Intelligence Tool ChatGPT : Less than 24 hours ago, Jane Anson, wine writer and publisher of JaneAnson.com commissioned an article on how the new ChatGPT technology can be used within the fine wine industry...
Afternoon Brief, January 12th
Michael Martini, Third-Generation Napa Winemaker, Dies at Age 73: A "larger-than-life" character, Martini was diagnosed with cancer three weeks before his death...
Afternoon Brief, January 10th
SCOTUS Backs Down from Another Wine Case: The US Supreme Court has again declined to hear a case pivotal to fixing the country's confusing wine shipping laws...
Silicon Valley Bank State of the Wine Industry Report
Despite global economic uncertainty, the premium wine segment showed growth in 2022, with revenue on average up 9.7 percent through September. While this is...
Outlook Hazy for Wine Industry Through the Holidays and into 2023
Usually during the holidays, even the most-tightfisted among us tend to unclench. But this year, things may be different.
By Kathleen Willcox
How are wine sales...
Afternoon Brief, October 13th
California North Coast Wine Grape Harvest Eases Toward an Early Finish: A third drought-challenged wine grape season in a row is pretty much complete in the North Coast, helped to coast to an earlier finish by consistently warm fall days after an extraordinary hot and long late summer heat wave...
Afternoon Brief, October 7th
You’ve Been Served: TTB Sued Over Wine Ingredient Labels: A lawsuit filed by three leading consumer organizations could finally bring the debate about ingredient and nutritional labeling for wine front and center...
Sales Data Confusion: Depending on Your Source, Sales are Up…or Down
Getting a consistent take on wine sales in the U.S. remains a crap shoot
even in the data-driven, all-things-can-be-measured 21st century.
By Jeff Siegel
Wine sales...