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DAILY NEWS FETCH - March 15, 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

SVB's Achille's Heel: ~94% Of US Deposits Not Insured. (Average = About 50%).

Scroll down to Daily Data for the chart.

 

• SVB’s closure could disproportionately affect Black founders
• Former head of Silicon Valley Bank’s Napa wine division Rob McMillan hopes to keep his work going
• A Continued ‘Normalization’ in DtC Wine Shipping – What Does That Mean?
• ChatGPT Just Passed Three Levels of the Master Sommelier Exam
• SVB’s Achille’s Heel: Almost All Its US Deposits Were UN-insured. (Average Is About 50%)
• For Sale: Exclusive “off-market” Central Coast high capacity production facility - Sponsored Link

MORE SVB COVERAGE

• Silicon Valley Bank was perfect for wineries. Then the accounts froze. [paywall?]
• What do the recent bank failures mean for you? [paywall?]
• Newsom Failed to Publicly Disclose SVB Ties While Lobbying for Bailout [freewall?]

OBITUARIES

• Kalin Cellars: A tribute to Terry Leighton

 

 

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DIVERSITY

• Celebrating Women’s History Month With Biltmore Estate Winemaker, Sharon Fenchak [paywall?]

FINANCE, INVESTMENT, M&A

• Financial analyst predicts next bank to fold

DISTRIBUTORS

• Southern Glazer’s Wine & Spirits acquires distributor WEBB Banks [freewall?]
• Southern Glazer’s Wine and Spirits expands into Lexington County, SC

INVESTING IN WINE, COLLECTING & AUCTIONS

• Christie's lines up one-of-a-kind auction in Hong Kong
• The challenging Bordeaux 2013 ten years on

DATA & TRENDS

• How To Tell If A Survey Is Credible: Minimum Standards

 

SCROLL DOWN FOR MORE TOP NEWS

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MARKETING & SALES

• SMS Marketing Performance in the U.S. Wine Industry - 2023
• Elevating the virtual experience thanks to Master the World

TRADE SHOWS & CONFERENCES

• How ProWein is ready to put on biggest wine show in the world
• London Wine Fair reports 'significant uptick' in European presence for 2023

WINE CRIME

• Vinfamous: The Greatest Cellar on Earth That Never Was? (podcast)

MANAGEMENT & EMPLOYMENT

• Craft Your Legacy in the Spirit of Employee Ownership

MATTERS OF TASTE

• A Natural Solution?

COMPETITIONS/AWARDS

• The Buyer & IWSC debate how to make the most of wine competitions

 

SCROLL DOWN FOR LOTS MORE NEWS

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Sponsored by: Jenny Heinzen, Broker: Vineyard Professional Real Estate, LLC | Broker Lic# 01436553

 

Exclusive “off-market” Central Coast high capacity production facility

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

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