Beverage alcohol has proven to be one of the most resilient product categories in the world in the Covid era, in part thanks to the drinks industry’s ability to innovate and pivot from a largely restricted or closed channel – the on-premise – to more accessible channels such as e-commerce and convenience retail, where regulation […]
Wine Intelligence’s Industry Predictions for 2022 Read More »
The total value of the e-commerce sector in headline markets is expected to grow at an unprecedented rate between 2022-2025, according to IWSR. Over the next five years e-commerce sales of alcohol across key global markets are predicted to expand by +66% to reach more than US$42 billion, according to a comprehensive strategic study published by
Drinks E-commerce to grow exponentially in three years – IWSR Report Read More »
Pau Roc, the Director General of OIV has alerted the global wine industry to quickly embrace the opportunities afforded by new technologies, in order to stay relevant in a fiercely competitive world. Speaking at the recent inaugural symposium on the Digitalization of the Vine and Wine Sector, Pau Roca, Director General of the International
The Italian Wine Crypto Bank (IWCB), the only global wine bank based on blockchain and cryptocurrency launched today (September 21, 2021) what it calls “the first cryptocurrency in the world entirely guaranteed by wine.” The coin used is called IWB and this evolutionary utility token is tradable through LATOKEN Exchange on the secondary market, particularly
The World’s First Wine Bank Launches Cryptocurrency Read More »
Vienna, the capital of Austria is the world’s largest wine-producing city. Here are some facts. Vienna has 700 hectares of vineyards, with over 276 producers. The vintners produce within the city limits, in the areas around Kahlenberg, Nussberg, Bisamberg, and Mauer, where the Danube and proximity of the Vienna Woods provides optimal climatic conditions. Wine
The City of Vienna is the World’s Largest Urban Vineyard Read More »
The Unione Italiano Vini (UIV), in collaboration with the Association of Wine Commissaries (MEd.&A.), has set up an online service showing trends in grape pricing. Just in time for the harvest season, the Osservatorio provides daily average quotations for 15 key grape varieties (in English and Italian). This information is available via a free trial,
Italian Grape Prices Are Now Listed Online Read More »
Wine Grounds announced this week a revolutionary new vintage quality feature to their food and wine pairing app, Grape Base. Their data-driven approach to determining the quality of a vintage allows industry professionals and consumers to see scores for any wine-growing region in the world. By utilizing machine learning and a proprietary weather model, Grape
Wine Grounds Launches Machine Learning-Based Vintage Scores Read More »
Moët Hennessy has teamed up with Italian company Campari to launch a joint venture ecommerce business to sell premium wines and spirits across Europe. The new business venture will see both companies invest in the pure-play digital retailer, which will be based on Campari’s existing ecommerce channel Tannico, which was launched by the Italian drinks
Moët Hennessy and Campari team up for joint venture ecomms business Read More »
Global alcohol consumption will return to pre-Covid levels by 2023, according to recent IWSR data, with the market already showing signs of recovery. Projected to grow by 2.9% in volume by the end of 2021, the research forecasts that total alcohol consumption will reach pre-Covid levels within two years and will continue to increase steadily until 2025.
Global alcohol consumption will bounce back to pre-Covid levels by 2023 Read More »
Wine Paris & Vinexpo Paris 2021 has moved to digital format for this year, it will be providing live sessions focusing on the recovery of the wine and spirits industry called ‘Bouncing Back’ – the dates are June 8, 2021 – June 29, 2021. Webinars, roundtable debates and exclusive interviews will go live every Tuesday
Wine Paris & Vinexpo Paris 2021 Focuses on ‘Bouncing Back’ in Digital Format Read More »
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