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May Newsletter

May 06, 2021

What’s New at Elenteny?

With a 50.5% increase in global shipping traffic, ports around the world are still dealing with delays.  Concentration of vessel arrivals to labor shortages and yard congestion all lead up to congestion getting containers off ships and out of yards.

The Following U.S. ports are experiencing delays:

  • New York/New Jersey
  • Los Angeles/Long Beach
  • Savannah
  • Seattle

Elenteny spoke with NTD News on how we’re handling the disruptions.  Click to watch, segment starts at 8:41.

 

Customer Spotlight: Old World Wine Co.

Founder Zach Lock was formally trained in culinary arts at Johnson & Wales University.  He discovered the love for wine and its culture while living in Italy in 1999, and started importing French wine into Colorado in 2004. Today, Old World Wine Co. works with more than 70 quality producers from France, Austria, and Italy to bring great wines with a sense of terroir to the local market.

Raising a glass to Old World Wine Co.!

Keeping you in the Loop

Dates & News you need to know

 

Wall Street is tracking Instagram conversations about alcohol consumption. When people chat about cocktails on Instagram, the market listens. The Bank of America team predicts the market for prepared cocktails could reach between $3 billion and $4 billion in five years.

 

Many leading food and wine events are still in limbo for 2021. Proceed, downsize, or delay?

 

Time to rethink those piles of unused corporate swag. If recipients can choose their own gifts, will they like them more? The emerging world of “gifting as a service.”

 

A well-known expert predicts boom times ahead for U.S. wine sales. McMillan, Executive Vice President of Silicon Valley Bank’s wine division, expects wine sales to skyrocket over the next 12 to 18 months, with growth rates the industry hasn’t seen in decades.

 

The San Francisco World Spirits Competition announces the 2021 Best in Show winners.

Check out Alexi’s Podcast: Interview with Kate Laughlin

Have you ever wondered how — and why — people choose to build businesses in the wine industry?

For many entrepreneurs, it’s the passion for wine, early exposure to good alcohol, and an entrepreneurial spirit — just like today’s guest, Kate Laughlin. Unfortunately, many wine lovers are scared to jump into the wine industry because of lack of experience and fear of failure. But, contrary to what most people think, the wine industry is quite accessible. So, how do you get into the wine industry and succeed, whether you’re a new-to-the-game entrepreneur or an experienced investor?

Listen to Kate Laughlin on this episode of the Alexi Cashen Show as she shares her story about becoming the CEO of Martine’s Wines. You don’t want to miss Kate’s discussion about the importance of mentorship, the challenges she faced as an entrepreneur in the wine industry, and her best tips and tricks for succeeding as a wine-focused entrepreneur or investor. Stay tuned!

Listen to Interview with Kate Laughlin.

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