Wine Economics

Women in Wine Talks with Kate Dingwall, Forbes: How Technology is Evolving and Disrupting the Wine World – Part 1

On November 26th we had the pleasure of listening to Kate Dingwall, Wine Writer, Sommelier speak on a trending topic “How Technology is Evolving and Disrupting the Wine World”. This was another sold-out event for “Women in Wine Talks” bringing over one hundred global wine lovers, marketers, agents, sommeliers, journalists and other wine trade together. […]

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Why has confidence in fine wine increased in 2020?

Despite the headwinds of 2020 – tariffs, Brexit uncertainty and the global pandemic – the wine market has remained robust. Today’s post examines what has changed and offers an explanation as to why we are seeing greater confidence in the market during these exceptional times. Increased liquidity One of the key changes this year is

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How will the US Election Impact the Fine Wine Industry?

US voters and political animals of all stripes are nervously/eagerly examining every potential outcome of one of the tensest US elections of recent times but what effect could the outcome have on the fine wine market and tariffs placed on European wines? Last year the current incumbent of the Oval Office, President Trump, embarked on

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Pouilly-Fuissé officially has its Premier Cru!

After a 12-year application process, the French National Institute of Origin and Quality (INAO) approved the classification making Pouilly–Fuissé the first appellation within Burgundy’s Mâconnais sub-region to benefit from premier cru vineyards. It’s a new era for Pouilly-Fuissé and probably for Mâconnais, joining now the prestigious classification established a long time ago in the Côte de Beaune and Côte

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Twelve Wine Consumer Trends in the Covid-19 Era

The Wine Intelligence report entitled “Wine Consumer Trends in the Covid-19 Era” was published last week and highlights a mini-boom for wine since the pandemic struck, yet it also warns of dark economic clouds on the horizon. While key consumption markets have been turning more often to wine in the past six months, spurred by

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Pouilly-Fuissé gets 22 premier cru vineyards

The French National Institute of Origin and Quality (INAO) has officially recognized 22 premier cru ‘climats’ within the Pouilly-Fuissé appellation. The AOP Pouilly-Fuissé will become the first appellation within Burgundy’s Mâconnais sub-region to benefit from premier cru vineyards. The 22 new premier crus account for a total of 194ha of land planted to vine, corresponding

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ZACHYS ANNOUNCES WORLD RECORD-BREAKING DEBUT EUROPEAN AUCTION OF WINES FROM THE CELLAR OF ENOTECA PINCHORRI TOTALLING £3.2 MILLION

After decades of auctions in New York and Hong Kong, the world’s leading wine auction house, Zachys, hosted its first European auction in London via livestream, on 12 September 2020. In a great success by any measure, the auction was sold out and realized £3,153,952. The wines and aquavit in the auction were from the

ZACHYS ANNOUNCES WORLD RECORD-BREAKING DEBUT EUROPEAN AUCTION OF WINES FROM THE CELLAR OF ENOTECA PINCHORRI TOTALLING £3.2 MILLION Read More »

US Wine Market Adapts to “New Normal” According to Nielsen Report

US off-trade consumers are settling into new normal following the incredible sales spikes seen at the height of the pandemic, the latest data from Nielsen has shown, but US wine appears to be losing out to imports from New Zealand, Italy and France in the most recent weeks. According to data for the week ending

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WINE NEWS: ALCOHOL BAN LIFTED, BUT A LONG ROAD TO RECOVERY FOR THE SOUTH AFRICAN WINE INDUSTRY

The South African wine industry acknowledges today’s announcement by President Ramaphosa to resume local trade and distribution of alcohol under alert level 2 from midnight 17 August 2020, but says the industry still has a long road to recovery. “Although we are grateful to start trading and delivering online sales again, we are dismayed at

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The Fine Wine Market Expands to Further Heights

Recently reported, July proved to be a positive month for the fine wine market, due to an ever-broadening array of wines being traded. Liv-ex states on its website that the number of unique wines traded on the exchange in the first half of 2020 was 37% higher than the same period in 2019. These are

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