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 […]
Pouilly-Fuissé gets 22 premier cru vineyards Read More »
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
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
US Wine Market Adapts to “New Normal” According to Nielsen Report Read More »
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
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
The Fine Wine Market Expands to Further Heights Read More »
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
Research from University of Cape Town shows old vines add value Read More »
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
France pours more aid as wine sector faces ‘Major Difficulties’ Read More »
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,
Reims Tourism Office offers free Champagne to promote tourism Read More »
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
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
Canadian Wine Imports Accelerate During the Pandemic Read More »
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