U.S. Wineries Still Not Doing Enough To Attract Younger, Multi-Cultural Consumers, New Report Says

  • 📰 Forbes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

United States Headlines News

United States Latest News,United States Headlines

“The U.S. wine industry isn’t doing a good enough job of marketing and selling its product,” reports Rob McMillan, EVP & Founder of the Silicon Valley Bank Wine Division.

Too Many Other Beverage Choice

Wine is also more expensive in restaurants, compared to beer or a cocktail. Stratton shared a chart showing how in 2021 many restaurants restocked their spirits inventory, but did not order much wine. The panel discussed that part of the reason is because the spirits industry does a great job of promoting and advertising their products, and wine needs to come together as an industry to do more of this.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

RevelOTR

Good luck with that.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

In-Depth: 60% of Utahns report anxiety symptoms, 50% report depressionHere's how Utah compares to the rest of the United States when it comes to depression and anxiety. 😂😂😂 yeah because the whole country is depressed. Utah has always had a high depression/suicide rate. What’s that say if the nation is on par with us?
Source: fox13 - 🏆 550. / 51 Read more »

Best Buy theft suspects arrested in Minnesota; six charged: reportPolice have made arrests in a robbery that took place at a Best Buy store in Maplewood, Minnesota.
Source: FoxBusiness - 🏆 458. / 53 Read more »

Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report SaysCommerce Secretary Gina Raimondo said a survey shows the urgency for Congress to approve the Innovation and Competition Act, which includes $52 billion to boost domestic chip production. So much for their brilliance in sourcing. How is it that Tesla and Apple don’t have any problem and they both utilize more than a bit in each of their products.
Source: WSJ - 🏆 98. / 63 Read more »

Nansen Report Highlights Growth of Defi and NFTs in 2021 – Defi Bitcoin NewsNansen, a blockchain analytics firm backed by Coinbase Ventures and a16z, has presented a report about the behavior and growth that decentralized finance and NFTs saw during the last year. Who cares about a report without fee free NFT's like on hathor or iota Thanks 😊
Source: BTCTN - 🏆 531. / 51 Read more »

Report: Bills QB Coach Dorsey a Candidate for Two OC JobsWith the former Bills OC moving on to become the new Giants head coach, what does it mean for Dorsey? theMMQB Patriots should hire him Man, this seems like a nonchoice with how obvious the answer is. Stay in Buffalo, have power over the offense. That offense is yours, own it. The U
Source: SInow - 🏆 273. / 63 Read more »

Report: Huh, Interesting Choice For An Outfit TodayAUSTIN, TX—Weighing in on the matter after you had dressed for work and departed for the office, a new report issued Thursday determined that your choice of outfit this morning sure was an interesting one. “Wow, you look…um, that’s quite the ensemble you’ve got going there,” the report read in part, before continuing… 'I should dress like Emo Phillips today.' ...or the other back-handed one, 'my, you look comfy today!' Anything with straps is bold. Wrong, and bold.
Source: TheOnion - 🏆 724. / 51 Read more »