I finally caught up with a replay of Rob McMillan’s Silicon Valley Bank (SVB) webinar presentation of their own 2011-2012 State of the Wine Industry report. Rob is founder of SVB’s Wine division. His presentation was not really a state of the wine industry report since the bank and its research are only concerned with the U.S., west […]
Wine Sales Stink and The World is Not Flat
In Silicon Valley Bank’s recently released Preliminary Findings Report (you won’t get a recap of all the details here, save a few, so click on the link and download the PDF if you are so inclined) which precedes their more exhaustive Spring 2010-2011 Annual State of the Wine Industry Report, the Bank’s opening salvo declared; The […]
Gallo for a Nickel or Dime? A Cleansing Period for the Wine Industry at Any Price
The blogosphere has been glowing garnet with empirical proof that the US wine industry haphazardly exposed their flanks to foreign importers with business plans to dominate the value segments of the domestic US fine wine market (recent WineZag post). The industry continued to plant, expand, and gear up for the $50-$125 dead zone in today’s market. Not all the competitive imported value wines were sweet, […]