US Wine Industry Enters Negative Growth Phase; Adoption by New and Younger Consumers Is Lagging NAPA, Calif. – January 18, 2023 –Silicon Valley Bank, the bank of the world’s most innovative companies and the US premium wine industry, today released its 2023 State of the US Wine Industry Report. The...

Wine Executive of the Year – to be announced November 11th on Winemag.com and celebrated in the December “Best of Year” issue LIVERMORE VALLEY, CA – October 16, 2020 – Wente Family Estates is pleased to announce that President, Amy Hoopes has been nominated in the category of Wine Executive of the...

20th annual report indicates changes to wine sales in a post-COVID world Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today released its 2021 State of the Wine Industry Report. Now in its 20th year, this authoritative annual report assesses...

NAPA, Calif. – January 19, 2022 – Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, today released its 2022 State of the Wine Industry Report. The 21st edition of the annual report assesses current conditions in the wine industry and provides a unique...

I have an announcement to make! That's always been a phrase that makes me nervous. People don't walk into the room and grab a bullhorn to offer something trivial. What follows that remark will be something big, interesting, or important and hopefully welcome! This utterance might precede a happy...

In the fall of each year, I pull apart the US Wine Industry into components and then analyze what's changed, review the trends, and make predictions in the Annual SVB State of the Industry Report. It's always a tedious effort that's been made more difficult over the past two years with the volume...

We're All Glad that Year is Over 2020 will go down as the year in which we answered the heretofore rhetorical question - What else can go wrong? That is the opening line from the 2021 SVB State of the Industry Report that will come out Wednesday the 13th. Throughout 2020 many of us experienced the...

This is the opening photo from the 20th Annual SVB State of the Industry Report where we begin with a reflection; not on our industry, but on how we each as individuals adapted and prevailed during the most unique business conditions in our lifetimes. It's important to celebrate this victory but...

Annual report indicates oversupply and lower consumer demand will drive widespread discounting NAPA, Calif. – January 14, 2020 –– Silicon Valley Bank (SVB), the bank of the world’s most innovative companies and their investors, released its 2020 State of the Wine Industry Report today. Now in its...