For the Wine Sector, Silicon Valley Bank Collapse is About More Than Money
Forbes
The collapse of Silicon Valley Bank this week has stunned the financial world and the tech industry, a sector in which the bank was heavily invested. But there’s been little mention in consumer news about the bank’s other area of interest: the wine industry.
Millennials and Gen Z Could Save the Wine Industry
Wine Enthusiast
Millennials, or those born between 1981 and 1996, and their successors, Gen Z, born after 1996, might just save the wine industry. These generations could rejuvenate wine, a tradition-bound business projected to lose nearly $6 billion this year.
DTC Trends: 10 Insights from DTC Experts and Notable Stats
Shopify Enterprise
DTC ecommerce sales for established brands will reach $117.47 billion this year, and DTC sales are expected to reach $161.22 billion by 2024. This article will discuss the 10 recent trends you need to know to take your DTC business to the next level.
2023 Direct to Consumer Wine Shipping Report
Sovos ShipCompliant
It contains the most accurate representation of the American direct-to-consumer (DtC) wine shipping channel and provides the latest information on growth trends, changes in price per bottle shipped, regional demand, varietal trends and more.
6 Wine Industry Trends to Watch in 2023
SevenFiftyDaily
In the coming year, the wine world will respond to climate change and generational shifts. Winemakers are overhauling practices to take better care of the environment and protect vines from climate extremes, and buyers and consumers are embracing the evolution.
DTC Insightsadmin2023-02-16T21:10:03+00:00