At a press conference May 29, members of the southern French wine industry agreed on a comprehensive plan which will aid the sector following the coronavirus disruption. The “unprecedented” scheme aims to safeguard jobs, boost sales and help the region and its wine producers regain market share over the next 18 months. Furthermore, it intends […]
Southern French Wine Regions Announce €34M Recovery Plan Read More »
“Millennials are vital to Champagne’s future… because they are willing to look beyond the ‘just for celebrations’ mantra,” states Françoise Peretti, Director of the UK’s Champagne Information Bureau. Millennials are deemed to be more digitally connected and open-minded than baby boomers. Peretti further stressed the need to attract a younger generation of drinkers, and the
Millennials are vital to Champagne’s future Read More »
The Wines of Argentina has recently appointed Maximiliano Hernández Toso as its new president for the next two-year period. Toso will serve a two-year term as president, supported by Guillermo Barzi, who will continue as acting vice president of the institution. Tosco was appointed during an Ordinary General Assembly of Wines of Argentina yesterday, held
Wines of Argentina appoints Maximiliano Hernández Toso as new president Read More »
America’s 77 million regular wine drinkers upped their frequency of wine consumption during the pandemic lockdown, despite the closure of many on-premise establishments, according to new consumer research out this week. The new Wine Intelligence US COVID-19 Impact Report polled a nationally representative sample of 2,000 monthly US wine drinkers during March and April 2020
US Drinkers Have Increased Wine Consumption During Lockdown Read More »
Despite the challenges the past few weeks have presented, many wineries have successfully shifted their strategies and modified their businesses. They’re not only supporting their staff and customers, but also those on the front lines while keeping business moving. Attend this free webinar, where you will hear from industry members across the three-tier system and
The average US winery lost US$51,201 from March 15 to April 15 and expects to lose a further $134,626 in May, due to the latest survey by industry association WineAmerica. There is some cause for optimism. Having released bleak figures back in March, the industry association has said the results of its second survey has
WineAmerica discloses how wineries are being “creative” in the face of adversity Read More »
Speaking from the OIV’s [International Organisation of Vine and Wine] headquarters in Paris, by web conference to over 3,000 international wine journalists, and trade, Director-General Pau Roca presented today [April 23, 2020] details of the 2019 wine production, consumption, and international trade. The impact of Covid-19 in the sector was also highlighted. Here are the
The Campari Group is set to become the first Italian company to own a Champagne brand. Announced last week, Campari has entered into negotiations to acquire French company Ficoma, to acquire 80% of the shares of Champagne Lallier, and other group companies, with a view to total ownership. Campari’s shares ended up 2.9% after the
Italy’s Campari Group to enter champagne sector with Lallier acquisition Read More »
Wine Intelligence’s global expert network on the impact of Coronavirus: ‘Christmas trading’ in Italian supermarkets amid a gloomy outlook, calm in Brazil and South Africa, fewer Chinese tourists in Australia, silver linings in South Korea, growing concern in the UK and US How are consumers behaving in your market? AUSTRALIA: The most noticeable element is
Global Wine Experts Describe Impact of Turbulence Ahead Read More »
With the traditional wine market in the US growing at an increasingly slow pace, successful wineries 10 years from now will be those that have adapted to a different consumer with different values. Wine in a can is no new thing; it was first seen in World War 1 when the French army had their
Wine in a can is a robust trend and not a short-term fad Read More »
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