European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said on Thursday, dashing producers’ hopes of an immediate reprieve. A framework trade deal between Brussels and Washington on Sunday agreed a 15% tariff […]
EU wine, spirits to face 15% US tariff starting August 1 Read More »
Wine Business Monthly’s 2024 Wine Industry Leaders list was just announced! It serves as a valuable guide to the visionaries shaping the current and future landscape of the wine industry. Recognizing those who drive innovation, sustainability, and economic resilience, this annual compilation includes leaders who stand out in their commitment to advancing the wine sector
Wine Business Monthly’s Wine Industry Leaders of 2024 Read More »
SNDL Inc. [Nasdaq: SNDL] announced last week that it has successfully obtained two liquor retail licenses in Regina and Saskatoon, through the Saskatchewan Liquor and Gaming Authority (“SLGA”) auction. The Company will leverage these licenses to expand its premium liquor banner, Wine and Beyond, into the final stage of the liquor retail transition to the private sector in Saskatchewan.
SNDL Expands “Wine and Beyond” into Saskatchewan Read More »
Building on feedback from over 25,000 wine consumers in 25 markets; representing over 400 million global wine drinkers, the fifth annual Wine Intelligence Global Wine Brand Power Index reveals a stabilization of wine brand equity, following the steep erosion of brand equity seen in 2021 amidst Covid disruptions. The 2022 data also suggests that global
Wine Brand Equity stabilizing after COVID, but yet to fully rebound Read More »
The Wine Business Institute, of the School of Business and Economics, at Sonoma State University will be celebrating its 25th anniversary on Tuesday, May 31st, 2022, at the Wine Spectator Learning Center. Twenty-five years ago, forward-thinking leaders envisioned a new kind of partnership between academia and the wine industry, and the resulting vision became the
The Wine Business Institute Celebrates 25 Years on May 31st Read More »
E-commerce in Italy is on the fast track. According to the latest Nomisma Wine Monitor Report (collaboration with Nielsen), online wine sales in Italy have increased by 310% in the first half of the year compared to the same period last year. The value grew by 350%. Overall, this segment currently accounts for two percent
Italy’s online wine sales increased 310% H1 Read More »
The top 10 import countries of wine under the HS code 2204 are United States, United Kingdom, Germany, Canada, China, Japan, Netherlands, Switzerland, Russia, and Belgium. Ranking Top 10 import countries of wine for 2020 United States: US$ 5,884 million United Kingdom: US$ 4,397 million Germany: US$ 2,949 million Canada: US$ 1,974 million China: US$
Top 10 Countries that Imported Wine In 2020 Read More »
Vivino, the world’s most downloaded mobile wine app and largest online wine marketplace closed (this week) a $155m Series D funding round led by Swedish based investment firm Kinnevik with Sprints Capital accompanying as a new investor. Additional participants include GP Bullhound and existing early-stage investor Creandum. This latest round brings Vivino’s total funds raised
Vivino Raises $155 Million in Series D Funding Read More »
Wines of Argentina (WofA) said it is well on its way to achieving the objectives set out in its business plan in August. The two-year plan centres on strengthening the global positioning of the country’s wine industry through digital marketing and generating business opportunities for its members. It is focused on establishing a digital presence
Wines of Argentina Ends a “Successful Year” Read More »
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 »
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