The US wine industry is poised to bounce back in 2021, according to a report by Rob McMillan, Founder, Silicon Valley Bank, with a consumer desire to celebrate set to help drive wine sales this year. Silicon Valley Bank’s 20th annual review of wine industry prospects predicts that temporary gains will yield to long-term declines. […]
Silicon Valley Bank: The US wine industry will bound back in 2021 Read More »
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FIVE LAWS IMPACTING THE DRINKS WORLD IN 2021 Read More »
On November 26th we had the pleasure of listening to Kate Dingwall, Wine Writer, Sommelier speak on a trending topic “How Technology is Evolving and Disrupting the Wine World”. This was another sold-out event for “Women in Wine Talks” bringing over one hundred global wine lovers, marketers, agents, sommeliers, journalists and other wine trade together.
The Institute of Masters of Wine has announced 16 new Masters of Wine, taking the total number of MWs in the world today to over 400. Based in nine different countries, the new MWs are Mike Best MW (UK), Nick Bielak MW (UK), Beans Boughton MW (UAE), Duane Coates MW (Australia), Jacqueline Cole Blisson MW
The Institute of Masters of Wine announces 16 new Masters of Wine Read More »
Recently reported, July proved to be a positive month for the fine wine market, due to an ever-broadening array of wines being traded. Liv-ex states on its website that the number of unique wines traded on the exchange in the first half of 2020 was 37% higher than the same period in 2019. These are
The Fine Wine Market Expands to Further Heights Read More »
This week the government of France stepped up financial support for wine growers faced with a deep drop in demand after lockdowns closed restaurants and bars and U.S. tariffs curbed exports. “The state will increase to 250 million euros its support plan to wine growing and we will request this aid to be distributed as
France pours more aid as wine sector faces ‘Major Difficulties’ Read More »
At its AGM last week, the Bordeaux wine marketing council CIVB unanimously approved the introduction of a reserve stock aimed at “reducing the increase in marketable inventories of red Bordeaux and Bordeaux Supérieur appellations”. By adopting an amendment to the three-year trade agreement for 2020-2023, the CIVB is pursuing the objective outlined last year by
As of April 1, 2020, the available production of Prosecco DOC amounts to 2,217,000 hectoliters and, if necessary, an additional amount of 550,000 hl, which was stocked during the 2019 vintage as a reserve, can be added and bottled to face increased demand. The current situation is therefore in line with the long-term estimates elaborated
In North America and much of Europe, liquor stores remain open with limited hours. Often busy and protected under the same regulations that allow businesses such as supermarkets or pharmacies to operate. Some countries, on the other hand, have banned alcohol, others say liquor shops are essential services, and one top official even suggested a
Update – Countries that have banned alcohol sales due to Covid-19 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 »
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