Turning The Tables on Felicity Carter

Six years ago, Wine Industry Advisor debuted Turning the Tables, a monthly series of interviews that shined a spotlight on the journalists and

Today's #winebiz news for #wineindustry professionals...  $1.2 Million Spent on Controversial Wine Subsidy Program from January to March After months of silence, the Nova Scotia government finally revealed the total figure spent on a wine subsidy program that caused many of the province’s winemakers to feel sour…

Today's #winebiz news for #wineindustry professionals...  Finally, Some Good News About Smoke Taint Smoke taint is a scourge that can ruin a harvest. But as Jeff Siegel discovers, research has unlocked some answers...

In our regular market update conversations with our global bulk brokerage partners, the concerns over the lack of consumer demand for value wine continues to increase in each region. The decreasing consumer sales dynamic has led to slow bulk wine markets for larger volumes of value wine regardless of country, varietal, or vintage—especially for red wines. To try to stimulate the market, asking prices for bulk wine are down. This has not yet incentivized opportunistic buyers to come to the market as it has in past cycles.  Historically when faced with oversupply, wineries have resorted to discounting casegoods to stimulate sales, but there are many challenges to do this in today's economic environment. Many wineries have inventory at higher costs as a result of inflation. Additionally, cash positions are compromised by slow sales making them reluctant to lower prices and reduce any margin they may still have. In past challenging economic times, consumers kept buying wine

Afternoon Brief: New US Alcohol Report Tainted by Bias, Conflicts

Broad Group of National Agriculture, Beverage and Hospitality Associations Urges Secretaries of USDA and HHS to Reject Findings...

Afternoon Brief: NASEM Report Affirms Benefits of Moderate Drinking

The first of the two alcohol studies that will inform American drinking guidelines has been released...