Tariffs might be driving European wine prices up in the US, but according to a new report, other factors will push the price of American wines down this year. Silicon Valley Bank (SVB)’s annual State of the US Wine Industry report predicted a glut of California and Oregon wines domestically… and a subsequent retail price drop.
On February 12, the Distilled Spirits Council of the United States (DiSCUS) presented their annual report about the state of the spirits industry in America. The key talking points were not shocking to most industry-watchers: the current trade wars are devastating for American Whiskey producers; the premium and super premium sectors are booming; and the Craft Beverage Modernization and Tax Reform Act (CBTRA) is a win, but more work is needed.
Los Angeles bartender Aaron Polsky is celebrated as a rock star of the industry. Now, Polsky is taking that description literally with his new venture, LiveWire. Borrowing a cue from the music industry, LiveWire will promote and represent the bar world’s stars through a talent agency as well as merchandise such as an inaugural line of canned cocktails.