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 »
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 »
Copyright © 2027 Liz Palmer Media Group Inc.
