Wine Economics Archives

“Tastry” uses Chemistry + AI to Analyze Wine and Generate Flavor Profiles

Leave a Comment / AI, Influential Women, Technology, Wine Economics, Wine News, Wine Science, Wine Tech, Wine Technology, Wine Trends / lizpalmer

A California startup that taught a computer to “taste” wine is using technology to help winemakers improve their wines and attract new customers. Founder Katerina Axelsson says Tastry uses artificial intelligence (AI) to analyze “tens of thousands of wines a year,” generating vast reams of data to help winemakers and retailers target their products more […]

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RESULTS ARE IN for the 2021 International Wines and Spirits Competition (NH)

Leave a Comment / Articles, Beverage Marketing, California Wine, Canada, Canadian Wine Industry, Champagne, Global Wine Evemts, Wine, Wine Awards, Wine Economics, Wine News / lizpalmer

The IWSC has just released the results of the 2021 Northern Hemisphere wines, and here are some of the winners. This year there were 3,460 wines that were awarded medals. Gold Medal Wines Only 148 wines qualifying for a gold medal this year. Fifteen of the wines were sweet wines and sixteen were fortified wines

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Digital Wine Marketing for Wine Journalists

Leave a Comment / Articles, FIJEV, News, Virtual Events, Wine Economics, Wine News, Wine Tech, Wine Technology, Wine Tourism, Wine Trade, Wine Trends / lizpalmer

It was an honour and a privilege to participate as a speaker today for FIJEV [Journalistes et Ecrivains des Vins et Spiritueux] members on the topic “Digital Wine Marketing for Wine Journalists”. “Wine Journalists Represent a Global Community” It was wonderful to see

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Happy Malbec World Day – Here are Some Fun Facts to Help you Celebrate

Leave a Comment / Articles, Wine, Wine Economics, Wine News, Wine Tourism, Wine Trade, Wine Trends / lizpalmer

Wines of Argentina has been paying tribute to Malbec on April 17th since 2011. This date was chosen because on the same day in 1853 the first agricultural school in Argentina was founded, becoming a symbol of the transformation of Argentina’s wine industry. Malbec in Argentina There are 112,823 acres of Malbec planted in Argentina;

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The Consejo Regulador DOCa of Rioja unveils strategic five-year plan

Leave a Comment / Articles, Climate Change, News, Release, Wine, Wine Economics, Wine News, Wine Tourism, Wine Trade, Wine Trends, Wines of Spain / lizpalmer

The Consejo Regulador DOCa of Rioja has unveiled a five-year strategic plan aimed at boosting the region’s sustainability credentials, driving wine tourism and increasing exports. The aim is to boost total sales from 230 million litres in 2020 to 312 million litres by 2025, with export to account for 44% at 137 million litres, in

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Liv-ex 1000 shows that interest in wines from Burgundy, Champagne, the Rhône, Italy, and US has grown rapidly and unexpectedly

Leave a Comment / Articles, Bordeaux, Burgundy, Champagne, French Wine, Italian Wine, News, Press Release, US Wine, Wine Economics, Wine News, Wine Trade, Wine Trends / lizpalmer

New categories of wine are entering the secondary wine market for the first time, with trading up by 70% from 2019. Bordeaux, which once dominated the secondary market, now has a share of trade less than half of what it was a decade ago. But it hasn’t fallen out of favour – rather, its share

Liv-ex 1000 shows that interest in wines from Burgundy, Champagne, the Rhône, Italy, and US has grown rapidly and unexpectedly Read More »

More Bordeaux Vineyards Converting to Organic

Leave a Comment / Articles, Bordeaux, Climate Change, French Wine, Wine, Wine Economics, Wine News, Wine Technology, Wine Tourism, Wine Trends / lizpalmer

Increasing numbers of vineyards in Bordeaux are switching to organic methods of production, after lagging behind other French winemaking regions. According to Patrick Vasseur, vice president of the Gironde Chamber of Agriculture, there are up to date figures available, but anecdotal evidence indicates that around 300 vineyards a year are converting to organic. “It’s

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Institute of Masters of Wine Webinar: Climate Change & Global Wine Trade – February 17th, 2021

Leave a Comment / Articles, Climate Change, Global Wine Evemts, Press Release, Wine Economics, Wine News, Wine Trade, Wine Trends / lizpalmer

The Institute of Masters of Wine is continuing its webinar series next Wednesday February 17, 2021 with a session on “The Impact of Climate Change on the Global Wine Trade.” This webinar will examine the impact of climate change from vine to glass with leading experts climatologist Dr Greg Jones, economist Mike Veseth and CEO

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Wine News: Bourgogne wines held up on the International Market in 2020

Leave a Comment / Articles, Burgundy, French Wine, News, Press Release, Wine, Wine Economics, Wine News, Wine Trends / lizpalmer

BIVB has announced their 2020 export report – After a very good November in terms of volumes, exports of Bourgogne wines over the first 11 months of 2020 were slightly higher than over the same period in 2019 (up 0.5%), confirming a trend already witnessed in October. Revenue was also close to the record level

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Vivino Raises $155 Million in Series D Funding

Leave a Comment / AI, Articles, News, Press Release, Social Media, Wine, Wine Economics, Wine News, Wine Tech, Wine Technology, Wine Trends / lizpalmer

Vivino, the world’s most downloaded mobile wine app and largest online wine marketplace closed (this week) a $155m Series D funding round led by Swedish based investment firm Kinnevik with Sprints Capital accompanying as a new investor. Additional participants include GP Bullhound and existing early-stage investor Creandum. This latest round brings Vivino’s total funds raised

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