Afternoon Brief

What's Driving Wine's Structural Decline: Wine consumption has been in decline in its traditional continental European markets for decades, and for many years that volume decline was offset by growth in markets such as UK, USA, northern Europe, and APAC markets such as Japan, China and Australia...

Mixed Messages in Winery Sales: If you want some good news about the wine industry, and I know you do, it is that five months after buying one of Australia’s largest wine companies, Bain Capital is still willing to buy more big brands…

The number of new, imported wines available on the US market continues to grow while the distributor tier proceeds to shrink thanks to acquisitions and smaller wholesalers going out of business...

Pernod Sells Wine Portfolio to Accolade: Pernod Ricard has sold its international wine brands to Australian Wine Holdco Limited (AWL), a consortium of institutional investors and owner of Accolade Wines...

TUESDAY, JULY 16 TRENDING STORY   Sonoma's Carlisle Winery Calls it Quits The owners of Carlisle, California’s leading producer of quality Zinfandels, will call it quits after the...

As Consumer Demands Change, Wineries Are Offering More from the Tasting Room Experience: There's rapid evolution happening in the wine tourism industry, as the experience and expectations of wine drinkers have changed...

$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...

THURSDAY, JULY 11 TRENDING STORY   California Faces the Grape Apocalypse California grapegrowers are facing an existential crisis this year, as the wine sales malaise extends for another...