The Inexorable Rise of Wine Prices

Inflation is a fact of life, but the relentless increase in the price of wine is startling. By Don Kavanagh | Posted Friday, 07-Jun-2019 The soaring prices of the world’s top wines will be no news to anyone who hasn’t spent the last five years living under a rock, but [...]
Read more

LED BY PROSECCO, US SPARKLING WINE SALES CONTINUE TO GROW

Sales of table wine in the United States essentially are flat after a sustained boom. The latest figures available show wine sales grew by only .02 percent in 2017. There are, however, footnotes to those numbers. While folks are not buying more wine, they are buying more expensive wine. And [...]
Read more

Millennials are spending less money on alcohol than previous generations.

Millennials are making many different lifestyle choices than older generations — and alcohol consumption is no exception. Millennials are spending less money on alcohol than both baby boomers and Generation X, according to a Nerdwallet analysis of a 2017 Bureau of Labor Statistics’ Consumer Expenditure Survey. The analysis notes, however, that they’re spending [...]
Read more