News

Fri, 04/03/2020 - 16:52

Coronavirus has brought Austria soaring unemployment but taken its seasonal workers. Jason Sych reports on a program aimed at solving the problem.

Asparagus left in the ground, strawberries unpicked and vineyards without workers – the novel coronavirus has closed borders in Europe, making the passage of seasonal agricultural workers nearly impossible. This means a shortage of hands available to do the work. 


Tue, 03/24/2020 - 12:22

More than €70m worth of assets have been provisionally seized from Sicilian winery Feudo Arancio, after an anti-mafia action.

The Guardia di Finanza of Trento has seized vineyards and buildings worth more than €70m from the Sicilian winery Feudo Arancio, which belongs to Mezzacorona of Trentino. The basis for the seizure was alleged money laundering of assets belonging to mafia group Cosa Nostra.


Mon, 03/23/2020 - 14:30

Two Russian billionaires have been snapping up important wine assets. Eugene Gerden reports.

Russian billionaires Gennady Timchenko and Yury Kovalchuk are expanding their presence in the domestic wine market with the acquisition of Inkerman, one of Russia’s largest wine producers, based in Crimea.  


Mon, 03/23/2020 - 12:22

First came the US tariffs, then came coronavirus. Jason Sych talks to industry professionals to get a sense of how the wine industry is faring.

While the novel coronavirus has taken the spotlight, the US wine tariffs are still in place and affecting swathes of the European wine industry. Two months after the tariffs were imposed in 2019, wine exports from Europe to the US dropped by 33%.


Fri, 03/20/2020 - 18:47

Wine retailers in key markets are seeing a surge in wine buying. Felicity Carter reports.

As the coronavirus pandemic causes lockdowns and shutdowns across the world, consumers in key markets are buying more wine – and changing their buying behaviour.


Thu, 03/19/2020 - 16:23

Robert Joseph remembers Michael Broadbent MW, who led an extraordinary life in wine.

Michael Broadbent died on March 17th, 2020, at the age of 93


Tue, 03/17/2020 - 16:07

Familia Torres has launched an ancestral winegrowing project in DO Penedès, which will involving the restoration of the historic, dry-stone landscape.
 

Families Torres, the Spanish producers renowned for their commitment to the environment, have launched another project – they are creating a vineyard devoted to Forcada, a white grape recovered from the edge of extinction.


Fri, 03/13/2020 - 10:46

Roederer is about to add another gem, Diamond Creek Vineyards in Napa Valley, to its sparkling portfolio.

Champagne house Maison Louis Roederer is to buy Diamond Creek Vineyards in Napa Valley. The acquisition comes less than a year after Louis Roederer bought Merry Edwards in Sonoma County.


Tue, 03/10/2020 - 16:17

The winegrowers of Bourgogne had a solid sales year in 2019, in the face of plenty of international turmoil.

The Bourgogne wine sector had a bumper sales year in 2019, despite the combined impact of American tariffs, Hong Kong unrest, Brexit uncertainty and the spread of Covid-19.


Tue, 03/10/2020 - 14:25

If you booked a stand at ProWein 2020 with a view to introducing your wine into Germany, you now have another opportunity at no extra cost.

The German wine trade turn out in force at ProWein, to see the trends and taste the new wines. The cancellation of ProWein is therefore a blow for them, as well as for producers.


Tue, 03/10/2020 - 10:08

The cancellation of ProWein is leading to a proliferation of virtual tastings. One Portuguese retailer has created an entire virtual event. Jason Sych reports.
 

Adegga, an online wine retailer in Portugal, has organized a virtual, on-line wine trade fair aimed at helping the Portuguese wine producers that otherwise would have attended ProWein. 


Thu, 03/05/2020 - 17:58

The next edition of ProWein will take place in 2021.

ProWein will not take place in 2020. Messe Düsseldorf, the owners of ProWein, took the decision after consultation with numerous exhibitors.


Thu, 03/05/2020 - 12:07

Beniamino Garofalo from Milan has been appointed the new CEO of Santa Margherita, a top ten Italian wine company.

Beniamino Garofalo has been appointed the new CEO of Santa Margherita, one of Italy’s largest and most significant wine companies. He began in the role on 1 March 2020.


Thu, 03/05/2020 - 11:43

Last year saw higher volumes of German wines heading to overseas markets. But the news was mixed.

Exports of German wine rose last year by 3%, though value dropped by €0.11 to €2.93 per litre, thanks to a larger harvest.


Wed, 03/04/2020 - 16:53

After the postponement of ProWein rocked the wine world, a group of winemakers decided they will head to Düsseldorf anyway.

Soon after Messe Düsseldorf announced that ProWein was postponed, members of the wine trade began to make alternative arrangements, as not everybody can cancel flights or hotels rooms.


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