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N
by the numbers
Greek
Wines
Take Off
According to Eurostat data, Greek wine sales in the United States are
up 26.3% by vOlume
& 72.1% in value
over the last ve years (2011-2016). Because of Greece’s recent dif cult
economic situation, there has been a renewed focus on exports, compelling wineries to concentrate efforts in markets outside of Greece, speci cally the U.S. and Canada. According to a recent Wine Market Council report, Millennials are especially open to Greek wines.
Portugal
JumPing, too...
TeXsOm
HiTs THe
biG Time
Wines of Portugal reports that 2016 was a banner year for exports to the U.S.,
Ç8.8% over 2015. While Portugal is still best known for its forti ed wines, table wines represent more than two-thirds of the total volume of wine exports from Portugal now. Meanwhile, in the rst quarter of 2017, Portugal exports of still wines to the U.S. were
Ç33.9% over Q1 2016.
They like things BIG in Texas, so it’s tting that the TEXSOM conference, founded in 2005 by Master Sommeliers James Tidwell and Drew Hendricks, now draws over
golden state
1,200 attendees.
Went for
Beverage professionals, educators and media converge on the Four Seasons Resort & Club in Las Colinas, TX, from
the gold
over 35 states
Upon winning their second NBA championship in three years, the Golden State War- riors reportedly celebrated with 150 bottles of Moët & Chandon “Golden Luminous” in magnum—which run about $1,200 each.
& 10 countries.
Another indication the event has “arrived”—ProWein, the world’s leading trade fair for wines and spirits, has been named as the title sponsor of the Grand Tasting and Awards Reception at the 2017 TEXSOM, taking place August 14.
millennials like DininG & DrinkinG OuT
According to a new study from Bankrate. com, the average Millennial dines at a res- taurant or buys take-out food five times per week, in sharp contrast to their elders.
42% 24% 19%
of Millennials of Gen-Xers of BaBy BooMers
typically go to a bar at least once a week.
The context of the study was saving money: Just 16% of younger Millennials have saved the recommended six months’ worth of expenses, according to Sarah Berger of Bankrate.com. Many are falling
victim to what Bankrate.com calls “common nancial vices,” such as spending money
in coffee shops, racking up bar tabs or frequently dining out. “Small steps, such as preparing meals at home and brewing your own coffee, can add up to big savings over the course of a year,” noted Berger.
But let’s hope they keep going to bars and restaurant....
54% 33% 32%
of Millennials of Gen-Xers of BaBy BooMers
dine out at least three times per week, says the study. In addition:
A-8 HAWAII BEVERAGE GUIDE AUGUST 2017
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