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Meet Rob McMillan, EVP and Founder of Silicon Valley Bank’s Wine Division, based in St. Helena, Napa Valley

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内容由Latife Hayson提供。所有播客内容(包括剧集、图形和播客描述)均由 Latife Hayson 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Meet Rob McMillan, EVP and Founder of Silicon Valley Bank’s Wine Division, based in St. Helena, Napa Valley. His Division is regarded as the leading provider of financial services to the US Fine Wine Business. He is also the author of the highly acclaimed ‘Annual State of the Wine Industry Report”, and on this episode of “Napa Valley Inside Out” we talk about how baby boomers, millennials, cannabis and much more, play into his 2019 forecast for the wine business.

This surprising conversation begins by noting a decrease in the volume of wine sales for the first time since 1993, and dives into the potential reasons behind it – from anti-health messaging and baby boomers retiring, to younger people drinking beer and spirits, high rates of debt and unemployment, thus different values and an indulgence gap. We end part one of our conversation talking about Constellation Brands, Inc. – the second largest wine company in the United States, investing $4B in Canada’s Canopy Growth Corporation, the largest cannabis producer in the world. Keep an out next week for Part Two of our interview on the State of the Wine Industry.

  continue reading

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Manage episode 234370687 series 2296367
内容由Latife Hayson提供。所有播客内容(包括剧集、图形和播客描述)均由 Latife Hayson 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品,您可以按照此处概述的流程进行操作https://zh.player.fm/legal

Meet Rob McMillan, EVP and Founder of Silicon Valley Bank’s Wine Division, based in St. Helena, Napa Valley. His Division is regarded as the leading provider of financial services to the US Fine Wine Business. He is also the author of the highly acclaimed ‘Annual State of the Wine Industry Report”, and on this episode of “Napa Valley Inside Out” we talk about how baby boomers, millennials, cannabis and much more, play into his 2019 forecast for the wine business.

This surprising conversation begins by noting a decrease in the volume of wine sales for the first time since 1993, and dives into the potential reasons behind it – from anti-health messaging and baby boomers retiring, to younger people drinking beer and spirits, high rates of debt and unemployment, thus different values and an indulgence gap. We end part one of our conversation talking about Constellation Brands, Inc. – the second largest wine company in the United States, investing $4B in Canada’s Canopy Growth Corporation, the largest cannabis producer in the world. Keep an out next week for Part Two of our interview on the State of the Wine Industry.

  continue reading

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