South Africa's wine exports experienced a 17% decrease in 2023. However, in terms of export value, they held their ground, remaining affordable for international buyers.
A new EU consumer protection directive requires online retailers to provide a specific button for the cancellation function. This directive will be effective from mid-2026.
The luxury group Louis Vuitton Moët Hennessy (LVMH) has presented its annual results. An overall positive result contrasts with shrinking profits in wine and spirits.
As every January, this month’s Ciatti Global Market Report looks back at the year just passed and ahead to the new one. If 2022 was characterised by rising annual inflation levels and a supply chain crisis, 2023 will be remembered for interest rates rises and slow buyer demand.
Thailand has an unusually high alcohol tax and one of the most complex excise tax systems in the world. The new government is making life a little easier for the wine trade.
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.
