Wine Economics

Research from University of Cape Town shows old vines add value

Research from the University of Cape Town shows that using old vine fruit earns winemakers more money. South Africa has finally discovered – and celebrated – its treasure trove of old vineyards. A country that typically renewed its plantings every 15 to 20 years, pretty much as soon as the yields began to decline, was […]

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France pours more aid as wine sector faces ‘Major Difficulties’

This week the government of France stepped up financial support for wine growers faced with a deep drop in demand after lockdowns closed restaurants and bars and U.S. tariffs curbed exports. “The state will increase to 250 million euros its support plan to wine growing and we will request this aid to be distributed as

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Reims Tourism Office offers free Champagne to promote tourism

Attracting tourists post-Covid is undoubtedly a challenge. The Greater Reims Council has launched a new initiative called “Champagne, to make your summer awesome!” Visitors to the city will be treated to a bottle of grower Champagne. The greeting has an undeniably elegant touch, though there are some strings attached.   A total of 3,000 bottles,

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The CIVB (Conseil Interprofessionnel du vin de Bordeaux) to set aside wines from 2020 to reduce oversupply

At its AGM last week, the Bordeaux wine marketing council CIVB unanimously approved the introduction of a reserve stock aimed at “reducing the increase in marketable inventories of red Bordeaux and Bordeaux Supérieur appellations”. By adopting an amendment to the three-year trade agreement for 2020-2023, the CIVB is pursuing the objective outlined last year by

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Canadian Wine Imports Accelerate During the Pandemic

Canadian wine imports grew by 11% in May relative to the same month a year ago based on data collected by the Canada Border Services Agency. This follows a double-digit volume gain in April and a slight contraction in March. For the three-month period beginning in March, the month when the COVID-19 outbreak was officially

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Cameron Diaz Launches a “Clean” Wine Brand with close friend Katherine Power

Cameron Diaz is stepping into the organic wine business. The American actress launched “Avaline” a new wine brand on Thursday with her close friend, entrepreneur Katherine Power. Avaline features two wines, white and rosé, which are organic, vegan, and free of additives. Made with organic grapes grown in Penedès in northern Spain, the white is

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Champagne popping out of Covid-19 – Liz Palmer’s Presentation – Sparkling WINE Week July 1 2020

Sparkling WINE Week – July 1st 2020 Champagne Post COVID – Session 3 – 15.30 – 16.00 Seminar: Champagne popping out of COVID-19  – Sparkling WINE Week Liz Palmer, Key Note Speaker  Champagne Popping Out Of Covid-19  Remember …only sparkling wine, from the Champagne region of France, can be called “Champagne”. Brief Overview Of The

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Women in Wine Talks: Leadership in Challenging Times with Maggie Henriquez, President and CEO of Krug Champagne – June 23, 2020 1:00 pm EST

I’m extremely proud to host our upcoming “Women in Wine Talks” with Margareth Henríquez, President, and CEO of Krug Champagne on June 23.  Maggie is someone truly whom I respect and admire as a woman, mother, (now grandmother), and business leader whom I’ve met on many occasions in Paris and Reims. Here are the details

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L’uva Bella, Ohio’s Largest Winery Acquired by Millennial Investors  

L’uva Bella, the largest winery by volume in the state of Ohio, has been acquired by Marisa Sergi, 26, and Evan Schumann, 25, through their investment fund, S’quared Holdings. The winery, based in Poland Township, primarily produces bulk wine for private label and retail channels. It also makes a range of grape and other fruit

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WBWE Asia Launches Virtual Wine Exhibition July 12-13 in Yantai

The World Bulk Wine Exhibition, WBWE Asia has just launched a virtual wine exhibition, which will include an online trading system in which wineries will establish direct contact with buyers. How it will work The technology-based communication system will allow wineries to close deals without being in person at the trade fair. Wines will be

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