Daily Wine News: What’s Next for SVB Wine Clients?

Rob McMillan shares what work—and life—had been like since Silicon Valley Bank’s collapse. “Based on the incoming calls this past week, I believe there are many financial organizations that will put in a bid for the wine division as a stand-alone entity, apart from other units of the former SVB. What does that mean to clients and the industry? It means we will be able to resume our focus on this business, and hopefully along with that, resume the production of thought leadership for the wine industry.”

Tom Wark has launched a new website, Fermenting Change, that aims to dismantle the three-tier system the US. “The problems the three-tier system was designed to address no longer exist. Today, a new set of problems and issues ought to serve as the basis and motivations behind the state alcohol regulatory system.”

Does New Jersey have a signature grape? Does it need one? Lenn Thompson explores the pros and cons in Edible Jersey.

For Star Wine List, Felicity Carter talks to Paula Sidore and Valerie Kathawala, editors of TRINK Magazine, who are on a mission to share their excitement for Austrian and German wines with the world.

Rioja wine sales are down in the UK, but up in the US and Germany.

In the Drinks Business, L.M. Archer offers a summary of the recent Slow Wine USA events.

On JebDunnuck.com, R.H. Drexel reports back from the 23rd edition of The World of Pinot Noir.

Source : https://www.terroirist.com/daily-wine-news-whats-next-for-svb-wine-clients/

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