“Capitalistic Darwinism” Envelops Wine Biz

Dear Client:In Silicon Valley Bank’s annual State of the Wine Industry report, founder Rob McMillan makes predictions for 2009-2010, along with explanations for the present state of the economy and advice. GOOD NEWS. On a year over year basis, Rob predicts slightly improved sales in the second quarter, flat sales in Q3 and positive Q4 sales. “We believe the year will end essentially flat in terms of overall growth in the fine wine segment, and show modest growth in higher