The wine production forecasts from the OIV indicate a significant decrease, falling by 7% to 244 mhl, marking a historic dip. Yet, this reduction might help to stabilize the international market.
The 2023 wine harvest across Europe amounts to about 150m hectolitres, approximately 5.5% below the five-year average. Countries in Eastern Europe, especially those hit by severe weather, are reporting significant losses.
Australian Treasury Wine Estates, which counts Penfolds among its brands, has purchased Daou Vineyards in California's Paso Robles for approximately $1bn.
The prestigious Champagne house Bollinger is now saving 40% in greenhouse gas emissions and is committed to social concerns, with its commitment being reviewed every three years.
Amazon’s lack of focus on the wine sector has made the platform an attractive option for German distributors who have learned how to exploit it. Felix Bodmann explains.
Tradition demands the participation of individuals who are dedicated to preserving it. For the Trentino winegrowers’ cooperative Mezzacorona, this involves safeguarding the indigenous grape varieties Teroldego and Marzemino, showcasing their qualities both as monovarietal wines and in blends.
