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Today's #winebiz news for #wineindustry professionals....

A new international study has found that wine tourism remains a profitable and expanding part of the global wine industry, with 65% of wineries reporting positive returns and more than half planning to invest further...

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Today's wine business news for wine industry professionals...

Wine Institute today applauded the California Legislatures passage of AB 720, allowing wineries to host a limited number of events at estate vineyard properties beyond their bonded winery site, representing a milestone win for California wineries and wine lovers alike...

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Today's wine business news for wine industry professionals...

With the U.S. wine industry under pressure from declining sales, shifting consumer trends, and economic headwinds, Sonoma Countys vintners and grape growers are coming together in an unprecedented way to confront these challenges and chart a positive path forward for the local industry...

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Today's wine business news for wine industry professionals...

TUESDAY, JUNE 25 TRENDING STORY   Are Things Getting Better for the Wine Industry? SVB Says Yes — and No The news is mixed in Silicon Valley Bank’s 2024 Direct-to-Consumer […]

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Today's wine business news for wine industry professionals...

O’Neill Vintners & Distillers Acquires Ram’s Gate Winery and Creates New Luxury Wine Division: O’Neill Vintners & Distillers Founder and CEO Jeff O’Neill has been a co-owner of the brand since 2011, and now takes complete ownership of the brand and property, creating a new luxury wine division...

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Today's wine business news for wine industry professionals...

Global Wine Demand Drops to 27-Year Low as High Prices Hit: Global wine consumption fell to its lowest level since 1996 last year as inflation sent prices to record highs, deterring consumers already facing lower spending power, the International Organisation for Vine and Wine (OIV) said on Thursday...

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