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From: lewis.perdue@wineindustryinsight.com

Subject: TTB Ramps Up Wine Investigations - Americans double holiday drinking, hurt work productivity - Trump admin clamps down on 'unfair' wine tax breaks - Customs barriers lifted in Japan: France's 6th largest export market -- December 20, 2018 - WINE NEWS FETC

Date: 2018-12-19 18:23:20

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Please use CMD+F (Mac) or CRTL+ F(Windows) to find your specific search term within this issue of NewsFetch. This "double search" is due to our links sourcing from websites not within WineIndustryInsight.
Wine is at the bottom of U.S. gift lists: Americans spend only about 1/5 of 1% of their annual gifting budgets on wine. There's a growth opportunity here. Scroll down to Daily Data for the chart.
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DAILY NEWS FETCH - December 20, 2018

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Publisher/Executive Editor, Lewis Perdue -- Editor, Becca Yeamans-Irwin
 
 
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TODAY'S TOP NEWS

Wine is at the bottom of U.S. gift lists: Americans spend only about 1/5 of 1% of their annual gifting budgets on wine. There's a growth opportunity here. Scroll down to Daily Data for the chart.

 

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Duarte Nursery, Inc. is a family owned and operated nursery located near Modesto in the Central Valley of California. Duarte Nursery is the largest permanent crops nursery in the United States, with a history of aggressively marketing innovative products.

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CALIFORNIA BRIEFS

MISSED OPPORTUNITIES TAKING THE HIGH ROADS

 

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GIVE US THIS DAY OUR DAILY DATA

Growth Opportunity: Americans spend only about 1/5 of 1% of their annual gifting budgets on wine. Plenty of room to improve.

wineAsPercentageOfGifting Assumptions: Gifts would be mostly Off-Premise sales since On-Premise gifting would most likely would be accounted for by BLS under restaurants and bars.

According to the bw166 chart on this previous Daily Data, Off-Premise wine comprises of 18% of all alcoholic beverage revenues in 2017.  

Source: Average annual expenditures and characteristics of all consumer units, Consumer Expenditure Survey,2013-2017


NEWS FETCH PLAYLIST:

While creating this issue Lew liked this song best: Troubled Times by Green Day

TODAY'S GUEST FEATURED WINE

Got a wine on Twitter you'd like to see us feature while Becca Yeamans-Irwin is on maternity Leave? See our wine samples and review policy. For our basic standards. Just reply to this email. That will take you to Lew.



This NewsFetch was hand-crafted for you by Publisher/Executive Editor, Lewis Perdue. along with Michael and Elizabeth Fagin who are helping with links while Editor Becca Yeamans-Irwin is on maternity leave.


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