News Archives

The Institute of Masters of Wine has announced three new Masters of Wine

The new members of the IMW are of three different nationalities, based in two countries. A special congratulations to Claire Blackler MW (UK), Michael Henley MW (New Zealand) and Siobhan Turner MW (UK).

Currently, there are 419 MWs globally, with 268 men and 151 women living and/or working in 31 countries.

The MWs have proved their understanding of all aspects of wine by passing the Master of Wine exam, recognized worldwide for its rigour and high standards.

About the Exam

The MW exam consists of three parts: the theory and practical exams taken at the end of stage two and the research paper submitted at the end of stage three. The RP is an in-depth study on a wine-related topic from any area of the sciences, arts, humanities, or social sciences. Only when an individual passes the third RP stage of the MW exam do they become a Master of Wine.

In addition to passing the exam, and before new members have the right to use the title Master of Wine or initials MW, they must sign the IMW’s code of conduct. By signing the code of conduct, MWs agree to act with honesty, integrity and use every opportunity to share their understanding of wine with others.

The stage two theory and practical exams were cancelled in 2020 and postponed earlier this year. They will now take place in seven venues across the globe from 31 August to 3 September 2021. Candidates who pass this part of the MW exam will move to the final RP stage later in the year.

The top countries where MWs are based around the world are Australia (28), Canada (10), France (18), Germany (10), New Zealand (16), the UK (209) and US (57).

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Wine News: Light-to-moderate wine drinking can lower heart attack risk

A recent study published in the peer-reviewed journal BMC Medicine has found that light-to-moderate wine drinking can be beneficial to your health, including those with heart disease.

According to the study, entitled ‘Association of alcohol consumption with morbidity and mortality in patients with cardiovascular disease’, patients with heart disease who drank six grams of alcohol per day (on average) were associated with a 50 % risk reduction of heart attack, stroke, and even death.

Even those who averaged eight grams of alcohol consumption per day would see a 27% reduction in death risk compared with those who did not drink, the study found.

Vinepair states that in the United States, an average pour contains 14 grams of alcohol.

Comprising assessment of over 48,000 patients with heart disease, the research found that, while even increased alcohol consumption up to 62 grams per day was not associated with a heightened risk of heart attack, “non-drinking patients should not be encouraged to take up light drinking because of well-known adverse effects on other health outcomes, such as cancers.”

“Our findings suggest that people with CVD (cardiovascular disease) may not need to stop drinking in order to prevent additional heart attacks, strokes or angina, but that they may wish to consider lowering their weekly alcohol intake,” study co-author Chengyi Ding said, per Reuters.

She did note once again however that “Alcohol consumption is associated with an increased risk of developing other illnesses.”

Study – https://bmcmedicine.biomedcentral.com/articles/10.1186/s12916-021-02040-2

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Trivento is named the world’s best-selling Argentine wine

Concha y Toro’s Trivento is celebrating becoming the leading Argentine wine brand in the world, with sales of over US$256.2m a year according to a new report from the IWSR.

Over the past five years, the winery has doubled sales around the world thanks to a long-term business plan and successful marketing campaigns such as 20” TV campaign in the UK and a sponsorship deal with Major League Soccer (MLS) in the US.

“We are very proud of this achievement, and it is the result of the efforts of so many people, from our workers in the vineyards to those who represent our wines in international markets,” said CEO Marcos Jofré, Trivento.

Trivento’s top-dog status emerged from the 2020 report from global consulting firm IWSR Drinks Market Analysis, which delves into the alcoholic beverage market and its trends.

Trivento has been on an upward curve in key markets over the past 10 years. In 2013, it became a leader in the category of Argentine wines in the Caribbean and Europe. In 2020, it consolidated this position at a global level with an international strategy which focuses on value, expanding distribution channels at the right moment and strong moves into top retailers both online and in store.

The brand has been particularly successful in the UK, where Trivento Reserve Malbec is the number one red wine brand, according to NielsenIQ. It is also in the Top 10 of all wine brands in the UK.

In the US, in 2020, the winery became one of the top three selling Malbecs in the country (IRI). The US is Trivento’s second most important export destination in terms of volume, with Florida representing 30% of sales in market.

South Korea meanwhile saw huge uplift in 2020, with sales up 935%. Brazil also recorded strong increases in sales up 88%, with great expansion in online and retail channels.

“This is the result of a clear and precise commercial strategy that’s made Trivento grow into a premium brand that’s focussed on key markets,” said Felipe Rossel, global marketing director.

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Moët Hennessy and Campari team up for joint venture ecomms business

Moët Hennessy has teamed up with Italian company Campari to launch a joint venture ecommerce business to sell premium wines and spirits across Europe.

The new business venture will see both companies invest in the pure-play digital retailer, which will be based on Campari’s existing ecommerce channel Tannico, which was launched by the Italian drinks producer. Tannico also owns a majority stake in the e-commerce platform Ventealapropriete.com, which sells premium wines and spirits in France. Together, the two platforms generated pro-forma aggregated sales of over €70 million in 2020.

Under the terms of the agreement, Campari is to transfer its stake in Tannico into the newly set up joint venture. Under the terms of the agreement, Campari is to sell half of the joint-venture’s equity capital to Moët Hennessy for 25.6 million euros ($30 million) in cash, the company said.

The combined business will be headed up by Marco Magnocavallo, CEO of Tannico, who remains a key minority shareholder in the business, along with his management team.

Philippe Schaus, President & CEO, Moët Hennessy says “The partnership represented a significant step forward in the company’s global ecommerce development strategy.”

“While e-commerce was already a growing channel for wines and spirits, the global pandemic has triggered a significant acceleration,” he noted.

Bob Kunze-Concewitz, CEO of Campari Group says “It would allow Tannico to grow and further strengthen its footprint and expertise in the online retailing of spirits & wines.”

Magnocavallo agreed, saying that with the backing of the two companies, the new business would have the “firepower” to consolidate the fragmented European e-commerce sector and “offer a qualitative, sizeable and integrated route to market option catering to the needs of all its wines and spirits suppliers”.

The Results are in from the 2021 Concours Mondial de Bruxelles

The results of the 28th Concours Mondial have now been released. Although the pandemic continues and organizing large-scale events remains challenging, the competition has chosen to reinvent itself in the interests of the wine industry, whilst at the same time maintaining its impeccable standards. Over nine days, over 300 international judges took turns to taste and score the wines.

This year’s Concours Mondial de Bruxelles was held in Luxembourg June 17 to 27; there was 10,000 wines entered by 46 producer countries.

The organizers hosted the nine-day tastings with irreproachable professionalism, and fully complying with safety measures. Medals were awarded to wines from 40 different countries. France leads the way for the number of accolades (672), followed by Spain (507), Italy (389) and Portugal (335).

The full list of results is available here: https://resultats.concoursmondial.com/en/results

In addition to the silver, gold and grand gold medals, the competition also awarded ‘Revelation’ trophies to wines that achieved the highest score in each category.

Revelation White Wine 2021

Welschriesling Reserva

BV vinarstvi a.s. , République tchèque

Revelation Red Wine 2021

Cassiopeia Merlot

Wunderlich Borászati Kft., Hongrie

Revelation Organic Wine 2021

Ghiaie della Furba

Tenuta di Capezzana, Italy Tuscany

Revelation Sweet Wine 2021

Cai Long Lin Icewine Jinding

Liao ning SanHe Wine Co. Ltd, China

Revelation Sparkling Wine 2021

Champagne Collard-Picard Archives

Champagne Collard-Picard, France Champagne

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