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.
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 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.
Brazilian wine drinkers are reporting that their home wine consumption skyrocketed in late April, in response to lockdowns and on-trade closures. Not only that, but informal sales channels, such as WhatsApp, have grown in importance.
Nakedwines.com, the largest online wine business in the US has announced it will launch a $5 million fund to support independent winemakers who have been hit by the coronavirus disruptions.