Champagne Sales Decline

Despite growing export shares, global sales of the prestigious sparkling wine fell by 8.2% in 2023.

Reading time: 1m 15s

ProWein Business Report: Challenging in Retrospect; Optimistic Looking Forward

Annually, the ProWein Business Report spotlights the wine industry's paramount issues. A unanimous consensus emerges on rising costs as the primary challenge. However, opinions diverge on strategies to counteract consumption decline. Alexandra Wrann reports.

Reading time: 5m

New AI-Powered Guidance for Wine Investment Emerges

The Virtual Wine Advisor from eWibe recommends wines based on algorithms and AI - not for consumption, but as an investment.

Reading time: 1m

Ahr: "Lost Barrels" for a New Beginning

The German Meyer-Näkel winery rescued nine 'Lost Barrels' from the catastrophic floods that occurred in the Ahr Valley in July 2021. The allocation process for this wine is set to begin soon.

Reading time: 1m

Eco Evolution: Bordeaux Grands Crus as 'Bio Raisonné'

A new environmental charter aims to enhance the image of Bordeaux's Grands Crus without jeopardizing production.

Reading time: 1m 15s

Devil's Advocate - Does Fine Wine Have to Satisfy Purists?

Robert Joseph wonders how far producers can go in their efforts to produce 'fine wine'.

Reading time: 2m 30s

Penfolds Goes Further Into La Place de Bordeaux

A new distribution agreement with Bordeaux négociants aims to strengthen the presence of top wines in Europe, the Middle East, and Africa.

Reading time: 1m

Burgundy: Going Once, Going Twice. Sold for Nearly a Record Price

The Hospices de Beaune Charity Auction in Burgundy achieves its second-highest result in history.

Reading time: 1m

2023 Wine Production Plunges to Lowest Level in Six Decades

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.

Reading time: 1m 15s