Hot Topic! : The Future of the Wine Business
So much is being written at the moment about the future of the wine industry, the impact of the policies from the new administration, and forecasting what, if any, outcomes may be felt if tariffs are introduced. These were hot topics at Wine Paris last week as customers came together to discuss how to continue to do business across this shifting landscape. Below are recent articles providing commentary.
Geopolitics, trade wars, and Gen Z: What’s next for the future of drinks? | The Drinks Business
The Trump Administration and Wine: How Will This Pairing Go? (WineAmerica) | Wine Industry Advisor
U.S. prosecco importers panic as Trump’s tariff threat bubbles up | NPR.org
Trump loves Tariffs, but here is why he might spare the wine industry | SF Chronicle (paywalled)
North Coast wine industry braces for Trump’s tariffs | The Press Democrat (paywalled)
What’s Next: Recovery from California Fires.
California’s wine industry is facing significant challenges due to devastating wildfires in early 2025. These fires destroyed homes and infrastructure, leading to economic losses for our customers and many of our friends in the industry.
Whilst the recovery effort is fraught with challenges we know that businesses are actively engaging in relief efforts and planning for the future. In response to the devastation, the local wine community has demonstrated remarkable resilience and solidarity. Fundraisers, donation drives, and benefit events have been organized to support those affected, including staff members who lost their homes and livelihoods.
Looking ahead, the Los Angeles wine industry is expected to face long-term challenges due to the fires. Beyond immediate physical damages, there’s a pervasive sense of uncertainty about the future, with many businesses striving to recover and rebuild. While the path to full recovery is ongoing, California’s wine industry remains steadfast, leveraging its resilience and innovative spirit to overcome the impacts of the fires.
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