The South African wine industry is making a comeback after facing serious challenges the past two years. There was a distinct silver lining when wine exports recovered to a healthy“volume of 388 million litres, which amounted to R10.2-billion” according to a statement by Wines of South Africa. There was a strong demand from UK, US and […]
South Africa’s Wine Exports Bounce Back After Two Years Read More »
The Liv-ex 1000 continued its bull run into the new year, rising 3.5%. The Burgundy 150 was its best-performing sub-index, up 6.4%. Champagne 50 and Rest of the World 60 followed, both rising 5.6%. The broadest measure of the market, the Liv-ex Fine Wine 1000 index, rose 3.5% in January to close the month
Burgundy’s Rising Prices Drive Liv-ex 1000 Index In January Read More »
The “Silver Linings” are real when it comes to fine wine. Despite 2021 being an unprecedented year due to COVID lockdowns, volatile markets, and Brexit challenges, it has been a record-breaking year for fine wine investment. Both Champagne and Burgundy have an excellent final quarter, with Champagne gaining 22.98%, according to the Liv-ex Champagne 50
Cult Wines Americas – The Future of Fine Wine Investment [Part 1] Read More »
According to the latest Silicon Valley Bank Wine Report shows that although 2021 proved to be a good year for the US wine industry, several serious challenges signal uncertain times ahead. The report points out that underlying trends remained a big concern, with the most serious being that younger consumers are not getting interesting in
SVB Wine Report: The US wine industry sees some challenges in 2022 Read More »
The Bordeaux Index has reported sales growth of almost 50% year in 2021, to a company record total of US$174m. Increased activity in Asia and the US (where trade tariffs on many French wines were suspended in Q1) has been most significant. The Bordeaux Index has also seen pronounced gains in the UK. Their client
Bordeaux Index records a 47% sales growth in 2021 Read More »
The demand for no and low alcohol drinks shows no sign of declining across top global markets last year. According to IWSR’s latest Drinks Market Analysis report, the sector reached a value of nearly US$10bn in 2021. The study further states that in 2021 the no and low-alcohol beer/cider, wine, spirits, and RTD products grew
Interest in low and no alcohol sector surges, reaching a record of $10bn in 2021 Read More »
The Champagne region and houses are celebrating after sales and exports set new records last year even as pandemic lockdowns forced many bars and restaurants to close. Comité Champagne, a trade association representing over 16,000 winegrowers and 320 Champagne houses, said this week that France exported a record 180 million bottles of Champagne in 2021,
BlockBar, the world’s first direct-to-consumer NFT platform for wine and spirits has just diversified further by launching a gifting capability comprised of 300 bottles of Penfolds. This new initiative lets the BlockBar community gift a highly coveted collectible wine or spirit connect the physical and digital world. In fact, BlockBar says the market for investing
BlockBar NFT Gifting Platform Launches with 300 Bottles of Penfolds Wine Read More »
According to new data released by Rabobank their 2022 Alcohol E-commerce Playbook Report looked at the US alcohol e-commerce market and how it has grown since the start of the pandemic. The report forecasts that the online channel is set to be the biggest driver of industry growth for years to come. The report predicts
US E-Commerce Alcohol Sales Surpass $6bn in 2021 Read More »
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 »
Copyright © 2027 Liz Palmer Media Group Inc.
