This Economic Update introduces the specific challenges facing the Californian Wine Sector, as it follows the global wine market into a period of economic decline. The latest data on global production and wine consumption is presented as a means to set the local tone, before introducing the scene that's set with the initial outcome of the 'Change' election. This session will outline the potential impacts on the national economy, before moving into the flow-on effects on specific regions. The fiscal challenges affecting US Politics and the Economy, as directed by prospective economic policies will be presented for discussion. The impact on current, and likely trends, including prospective backlashes will be outlined as important considerations, before closing with the implications for those businesses needing to hold steady, proceed with caution, or move rapidly in response to likely policy directions for 2025-26. Conclusions will be highlighted for local industry, including the provision of key dates of the moments that matter in the coming year. 

This session will explore key sustainability challenges and opportunities for the wine industry, including sustainability reporting, ESG and climate disclosure regulations, and energy incentives. Attendees will also learn about strategies for sustainable business practices in the vineyard and winery, and how to implement climate mitigation and adaptation measures for a more sustainable and resilient future. 

This session will discuss the current estate and gift tax laws and the sunset of the estate and gift tax exemption on January 1, 2026. Next, the session will explore the different advanced planning strategies available to clients to take advantage of the current estate and gift tax laws before the sunset. The discussion will include techniques involving Intentionally Defective Grantor Trusts, Spousal Lifetime Access Trusts, Grantor Retained Annuity Trusts, self-canceling installment notes, and blended uses of each method.  

This session will guide you through practical strategies to drive digital growth through e-commerce and data-driven marketing. You’ll explore essential steps, including developing brand personas, crafting a tailored digital strategy, leveraging data insights, strengthening your social media presence, and optimizing the e-commerce experience. Learn how to leverage analytics to enhance brand awareness, understand consumer behavior, and make informed decisions that drive success for your winery. Leave with the knowledge and tools to dominate the digital shelf and elevate your winery’s online presence.