Daily Wine News: The State of the Wine Industry in 2020

Posted by | Posted in Wine News | Posted on 01-15-2020

The Silicon Valley Bank State of the Wine Industry Report 2020 has been released. “Rob [McMillan] suggests that we are in the midst of a consumer reset, which requires every winery to reimagine how they sell and market wine. The early results tell us there are winners and losers today, with about 25 percent of the business struggling while the upper quartile of wineries is delivering record years.”

On JancisRobinson.com, Elaine Chukan Brown explores how petite sirah has evolved in California. (subscription req.)

Chris Crowley sums up how the looming tariffs are terrifying the American wine world for Grub Street. “There’s no timeline on the proposed 100 percent tax that would affect European wines and other goods yet… Monday, January 13, was the deadline for public comments on the proposed tariffs. Since December 12, nearly 25,000 were made to the Office of the United States Trade Representative.”

Changes are afoot in Bourgogne, with a new geographical denomination added to the AOC Bourgogne: Bourgogne Côte d’Or. The Drinks Business looks at what this move means for producers and consumers alike.

On the blog for First Vine, Tom Natan delves into a new certification in France for agricultural products containing zero pesticide residues. “the resulting bragging sticker to be placed on the bottles contains five important words: Within the limits of quantification. This acknowledges that the wines might contain pesticide residues, but that the quantities are so small that current instruments and methods can’t yet detect them. Bravo for the honesty. And good for the certifying organization, called Nouveaux-Champs (or New Fields, in French), for coming up with something that conveys accurate and useful information to consumers so that they can make more informed choices.”

In the New York Times, Charu Suri looks at how hotels are ramping up their wine-tourism experiences.

Brad Pitt and Angelina Jolie’s Château Miraval is teaming up with a top grower Champange producer to make a rosé Champagne, reports Wine Spectator.

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