News
Henkell Frexienet, the world’s biggest sparkling wine company, hit a turnover of more than €1bn ($1.12bn) in 2019, thanks in part by the unstoppable growth of Prosecco.
The pandemic has inspired more Chinese consumers to not only drink more wine, but spend more on it, according to a recent report from Wine Intelligence.
Spanish winemaker Alvaro Palacios has launched an online sales platform, in the wake of the coronavirus pandemic.
The 2020 edition of Mediobanca’s annual wine industry survey reveals that more than 60% of the Italian wine companies surveyed expect their sales to fall this year. Their overall outlook is more pessimistic than it was in 2009, at the height of the global financial crisis.
Bar Convent Berlin 2020, the international trade fair for the bar and beverage industry, now breaks new ground in the corona crisis, to bring the drinks community together at Pouring Digital, a new initiative.
Grape yields for Cava production in Spain are to be cut by almost 17% this year, the Cava DO regulatory body has announced. Maximum yields will be reduced from 12,00 kilos per hectare to 10,000 kilos per hectare for the 2020 vintage, the Cava DO said.
The popularity of Australian Chardonnay is in resurgence, buoyed by rising global demand and last year’s small harvest. Yet the grape has been ripped out of Australian soils since 2016.
Prosecco is about to turn pink, which the Prosecco DOC Consorzio hopes can help the industry at a particularly tough time.
A new carbon offset business is working with wineries to make the industry a little bit greener. CarbonClick, headquartered in Auckland, New Zealand, is offering a way for wine estates and their customers to reduce their environmental impact – transparently.
Key wine and glass organisations have come together and agreed on an ambitious target for glass recycling within the EU. A new organisation, the Circular Economy Platform for Glass Collection & Recycling aims to collect and recycle 90% of all glass packaging sold in the EU.
Vinexpo Hong Kong will now take place in February 2021, replacing the show that was scheduled for July 2020. The show will be part of Vinexpo Tour, a package of global trade events scheduled from the end of 2020 to the end of 2021.
The Chianti Classico consortium has launched a digital platform on behalf of its members, creating a portal where consumers can find information about individual estates and, in many cases, buy their wines.
The results of a DNA test, released by Wine Australia last week, are making trouble for 20 or so Australian wine estates.
The South African government has agreed to let wine exports resume. The decision follows a tense time for the local industry, as the ban on wine exports had left it questioning its survival.