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DAILY NEWS FETCH - January 27, 2023

CREATED BY WINE INDUSTRY INSIGHT
MADE POSSIBLE BY OUR SPONSORS

Publisher/Executive Editor, Lewis Perdue -- Editor, Becca Yeamans-Irwin

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TODAY'S TOP NEWS

Despite Declining Inflation, Consumer Spending -- Especially Food & Retail -- Softened in December.

Scroll down to Daily Data for the chart.

 

• US Direct to Consumer Sales Stall, but Demand for $100 and $200 Bottles Grows
• The American Wine Industry Has an Old People Problem [paywall?]
• Less Affluent Consumers Reducing Frequency Rather Than Trading Down In Wine
• Buzzy, Upbeat Mood as Unified Wine & Grape Symposium Emerges from Pandemic Years
• All That Rain, and Much of California Still Remains In Moderate Drought (Except Central Coast)
• Despite Declining Inflation, Consumer Spending — Especially Food & Retail — Softened in December
• Hate filling out the CA Grape Crush Report? Now There's help! - (Sponsored Link.)

 

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CLIMATE CHANGE

• As Climate Change Drives Up Temperatures, Winemakers Climb Higher

CONSUMER SALES: DTC, ON- & OFF-PREMISE

• Top Takeaways from the 2023 DTC Wine Symposium

HEALTH

• New alcohol research shows drinking small amounts can still be harmful to health

NFTs, BLOCKCHAIN, & THE METAVERSE

• Napa Valley’s crypto bros -- and their NFT adventure [paywall?]
• Wine Recommendation 3.0

TAKING THE HIGH ROADS

• CBD drinks become illegal in Hong Kong

ENVIRONMENT & SUSTAINABILITY

• California Unveils Bold Plan to Sustainably Manage Pests and Eliminate High-Risk Pesticides By 2050

 

SCROLL DOWN FOR MORE TOP NEWS

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Click now! Hardcover or free Kindle Unlimited From Amazon. By  Author Lewis Perdue

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REGULATION & LEGAL MATTERS

• Italy seeks dialogue with Ireland in wine label row

PUBLIC COMPANIES

• Constellation Brands Announces The Decision Of James A. Locke III To Retire from the Company's Board of Directors
• LVMH Posts Another Record Year. The Luxury Goods Company's 2023 Hinges on China. [paywall?]
• LVMH's Wine & Spirits Division Reports 'Record' Revenue And Earnings
• LVMH full-year wine and spirits sales soar
• Vintage Wine Estates Announces Second Quarter Fiscal 2023 Conference Call and Webcast

INVESTING IN WINE, COLLECTING & AUCTIONS

• Burgundy has more Wine than Buyers
• Is Burgundy beyond the reach of most buyers?
• Burgundy 2021: A car crash waiting to happen?
• Case study: How to reach a broader audience and sell more wine - Liv-ex
• Investing in Champagne - Why and How

DATA & TRENDS

• Seven Wine Trends to Watch

PACKAGING, LABELS & CORKS

• Is Fine Wine in Sustainable Packaging A Contradiction?

WINE CRIME

• Record fines and severe sentences for Bordeaux wine fraudsters

MATTERS OF TASTE

• Red Chardonnay and Pink Prosecco. What's the Difference?
• When it comes to making wine, people matter just as much as place
• Cognac: wine or spirit -- or both? [paywall?]
• The justifiable lie? [paywall?]

 

SCROLL DOWN FOR LOTS MORE NEWS

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Wine Industry Insight/News Fetch wine samples and review policy

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This NewsFetch was hand-crafted for you by Editor Becca Yeamans-Irwin (The Academic Wino) and Publisher/Executive Editor, Lewis Perdue.

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