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Outlook

A collection of 3 posts
Outlook

2022's Party Strong Seen Continuing in 2023

More parties and larger gatherings are expected this summer, according to Drizly’s 2023 Consumer Report. Nearly half of survey participants said they planned to host the same number of gatherings in 2023 compared to the previous year, and 22% said they expect to host even more parties. When asked
Aug 9, 2023 3 min read
Outlook

Rising Costs, Supply Disruptions Top Wine Industry Worries

Rising costs and supply chain disruptions top the list of threats and challenges for the wine industry.  However, the degree to which the industry is affected has clearly increased, a new survey commissioned by ProWein finds. In addition, the economic slowdown threatens to reduce  wine sales. The global economic upturn
Feb 1, 2023 1 min read
Outlook

LivEx Members See Global Economy as Biggest Challenge in 2023

The global economy will be the fine wine market’s biggest challenge in 2023, members of Liv-Ex said in a survey. 30% noted that a global economic downturn and regional recessions would impact the market, and 20% said currency volatility is a concern. More than 625 members, ranging from startups
Feb 1, 2023 3 min read
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