Beverage alcohol has proven to be one of the most resilient product categories in the world in the Covid era, in part thanks to the drinks industry’s ability to innovate and pivot from a largely restricted or closed channel – the on-premise – to more accessible channels such as e-commerce and convenience retail, where regulation […]
Wine Intelligence’s Industry Predictions for 2022 Read More »
2021 has been an exciting year…. All previous records set in 2020 have been broken and surpassed in 2021, marking the most successful year ever for the secondary fine wine market. Fine wine trading continually broke new ground in terms of the value of wine traded and the sheer breadth of wines now active in
The 2021 Fine Wine Market Report [Liv-ex] Read More »
The total value of the e-commerce sector in headline markets is expected to grow at an unprecedented rate between 2022-2025, according to IWSR. Over the next five years e-commerce sales of alcohol across key global markets are predicted to expand by +66% to reach more than US$42 billion, according to a comprehensive strategic study published by
Drinks E-commerce to grow exponentially in three years – IWSR Report Read More »
Pau Roc, the Director General of OIV has alerted the global wine industry to quickly embrace the opportunities afforded by new technologies, in order to stay relevant in a fiercely competitive world. Speaking at the recent inaugural symposium on the Digitalization of the Vine and Wine Sector, Pau Roca, Director General of the International
The prestigious Tuscan estates and the first wine estates in Italy to make such an investment, Masseto, Ornellaia, Tenuta Luce and CastelGiocondo are opening representative offices in Bordeaux during the first quarter of 2022. These new offices will be set-up for the purposes of strengthening their worldwide sales network, starting with the French stronghold of fine wines. Masseto,
Masseto, Ornellaia, Tenuta Luce and CastelGiocondo to open offices in Bordeaux Read More »
Fine wine prices have risen consistently over the past 17 months, the market’s most bullish period to date. The Liv-ex Fine Wine 100 index, which tracks the price performance of the 100 most sought-after fine wines on the secondary market, rose 2.2% in October to close at 372.44 – an all-time high. This is according to a
Fine Wine’s Benchmark Index Sets a New Record Read More »
The Beaujolais Nouveau sales campaign got off to a flying start this week, taking negociants by surprise! The trade expects prices to be capped at 250 euros/hectolitre for Beaujolais Nouveau and €270 /hl for Beaujolais Villages Nouveau, one operation launched this year’s ‘blitzkrieg’ with prices of €300 /hl for Villages primeurs. As co-operative wineries began
Beaujolais Nouveau Prices Increased by 50% Read More »
According to Liv-ex, Italy has become a ‘dominant force’ on the fine wine market, with the country’s previously under-represented regions rising in importance on the secondary market. Last year Italy’s sub-index increased 12.2%, and the increased trading of Italian wine on the secondary market trade has shown Italy becoming the third most traded category, according
Italy Becomes ‘Dominant Force’ on the Fine Wine Market Read More »
The Italian Wine Crypto Bank (IWCB), the only global wine bank based on blockchain and cryptocurrency launched today (September 21, 2021) what it calls “the first cryptocurrency in the world entirely guaranteed by wine.” The coin used is called IWB and this evolutionary utility token is tradable through LATOKEN Exchange on the secondary market, particularly
The World’s First Wine Bank Launches Cryptocurrency Read More »
The Unione Italiano Vini (UIV), in collaboration with the Association of Wine Commissaries (MEd.&A.), has set up an online service showing trends in grape pricing. Just in time for the harvest season, the Osservatorio provides daily average quotations for 15 key grape varieties (in English and Italian). This information is available via a free trial,
Italian Grape Prices Are Now Listed Online Read More »
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