Wineries Won’t “Be Able to Increase Pricing Like They Have in the Past”

Dear Client:Yesterday was the release of Silicon Valley Bank's (SVB) famous State of the Wine Industry report. This year's presentation was a little different than year's past as Rob McMillan, founder of the SVB's Wine Division, hosted a live panel with industry experts covering a wide variety of topics. For those of you not watching, your editor took careful notes and below are some of the key takeaways from the panel. MACROECONOMICS: To understand where the wine industry fits into