Wine Economics

The 10 Most Expensive Wines in the World

Few things in the world improve in quality and value with age. Aged wine is one of those things, defined by elegance, rarity and finesse. If you are drawn to the thrill of owning something truly one of a kind, this niche market will certainly appeal to you. We’ve all heard the expression “aging like […]

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Results are in for London Wine Fair’s “Judgement of London”

London Wine Fair’s Judgement of London took place this week, and the results are now in. 32 wines were tasted over a period of four hours by 21 judges, a selection of the UK’s best palates, two-thirds of which were either Masters of Wine or Master Sommeliers. The wines, all of which were decanted and

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South African wine industry delivers exceptional harvest despite climatic challenges

Despite facing frost, floods, and unpredictable weather, South African wine producers have delivered an exceptional 2024 harvest, according to a recent report. This season showcases the industry’s adaptability and resilience, promising wines of outstanding quality. The current report indicates that’s that the 2024 harvest season has been a journey defined by meticulous planning, and the

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Assovini Sicilia Celebrates 25 Years

Assovini Sicilia celebrated a double anniversary this year: twenty-five years since its founding, and twenty years since the first edition of Sicilia en Primeur. A special event was recently held in May during Sicilia en Primeur 2024, which included the preview of the latest vintage. This was a record edition with over one hundred journalists,

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The Winners of the “Star Wine List” Announced

Star Wine List of the Year is the celebration of the great wine lists in the world and the teams behind them. The prize was awarded in ten categories, and the winners in each category got a Gold Star and qualified for the international final which will be held in June. The International Open was

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IWSR Research: Who is winning in the moderation trend?

According to IWSR research conducted in late 2023 across the top 10 no/low markets – Australia, Brazil, Canada, France, Germany, Japan, South Africa, Spain, the UK and the US – 44% of no/low consumers said they had switched to a no-alcohol drink from another non-alcoholic drink, such as soft drinks, water, tea or coffee. This

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Chianti Classico Collection: Exploring the Charms of Italy’s Iconic Wine Region – Filippo Magnani

Recently, the wine world’s oldest consortium celebrated its 100th anniversary. In 1924 Chianti Classico established the first wine consortium with its headquarters in the historic Stazione Leopolda,Florence. On February 15th and 16th, a centennial celebration provided an opportunity to reflect on the collective narrative of Chianti Classico and pay tribute to the true soul of

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How Climate Change is Changing Winegrowing Regions

In a recent study by Bordeaux Sciences Agro, Université de Bordeaux and Université de Bourgogne results were published in Nature Reviews Earth and Environment, showing 90% of coastal and low-altitude regions in southern Europe and California may no longer be able produce good wine in economically sustainable conditions by the end of the century if

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Scientists prove that drinking good wine will make you happier

Scientists prove that drinking good wine will make you happier, with the effect being further enhanced if you listened to jazz. The National Research Council of Italy study reported March 5th, 2024 (in the Journal of the Science of Food and Agriculture) can good wine impact the “pleasantness” of an experience. A trial was undertaken

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European Drinks Industry Unveils System For Developing E-Labelling

The CEEV – Européen des Entreprises Vins, and spiritsEUROPE have teamed up with QR code compliance solutions firm Scantrust, to unveil an updated version of the U-label labelling platform. According to the groups, the strategic partnership will facilitate the easy creation of e-labels for both the wine, aromatised wine and spirits drinks. The U-label by

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