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Wine Investment Archives - Page 2 of 4 - Liz Palmer

Wine Investment

Historic British Wine Merchant Berry Bros. & Rudd to Launch First U.S. Flagship in Washington, D.C.

As part of a strategic international expansion, the venerable British wine institution Berry Bros. & Rudd has announced the opening of its first bricks-and-mortar retail outlet in the United States, to be located in Washington, D.C. This significant development reflects a broader transatlantic demand for luxury British heritage brands, particularly within the fine wine and […]

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The Wine Market Journal Announces the Top Appreciating Wines of 2024

The Wine Market Journal, the world’s top resource for rare wine valuation, has released its list of the top appreciating wines for 2024. “2024 was a challenging year for much of the alcohol industry, but high-end wines provided a bright spot, as they generally do, with good strength.  The Wine Market Journal has been tracking

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EU Wine Consumption in 2023: A Marginal Decline Amid Industry Challenges

In 2023, EU member states represented 48% of global wine consumption – drinking 107 million hectolitres. This figure reflected a ‘marginal’ decrease of 1.8% compared to 2022. However, the number was more than 5% below its ten-year average as multiple headwinds buffeted the industry. Source: oiv

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Sweden Seeks to be Winemaking’s Next Frontier

Far north of iconic wine regions like Bordeaux and Tuscany, Sweden is seeing a burgeoning industry of vineyards and a first generation of winemakers trying to carve out a niche. “There are millions of techniques, and I don’t have a grandfather or grandmother to ask. So we need to figure it out ourselves,” Lena Magnergard

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Wine Industry Data: 2023 Europe Wine Consumption

In 2023, EU member states accounted for 48% of global wine consumption, totalling 107 million hectolitres. This volume marked a slight decline of 1.8% compared to 2022. Nevertheless, this consumption level was over 5% below the decade-long average, as the industry faced several challenges. Source: OIV

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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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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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Hedonism Wines Launches Auction Platform

Hedonism Wines, my favorite London wine shop, and Mayfair’s leading fine wine merchant has launched an online auction platform, which is due to go live November 13th! According to CEO Tatiana Fokina, the inaugural sale will comprise 100 lots, featuring a selection of the world’s most exclusive labels of both wine and spirits. As a

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Austria establishes an official Vineyard Classification System

The recently adopted “Wine Law Collective Decree” has established the legal basis for the official classification of Austria’s single vineyards. The Ordinance defines two tiers: “Erste Lage” (premier cru) and “Große Lage” (grand cru). Classification is carried out according to a strict list of criteria. The first vineyard classifications can be expected in 2025, at

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Bordeaux 2022 vintage produces ‘high-quality grapes’

The Conseil Interprofessionnel du Vin de Bordeaux (CIVB) has just released its 2022 vintage report, which mentions difficult climate conditions, and 2022 being one the earliest harvests on record. Despite these challenges, amongst others,  ‘high-quality grapes’ were still produced. Pruning was delayed to limit the risk of a late frost and customized leaf removal and

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