Joseph Drouhin becomes the first Burgundy winery to lower prices. On average, the 2022 wines from the Domaine will be 15% cheaper than the previous year.

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In France, an employee of a winery is accused of stealing expensive wines from several employers.

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

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Burgundy reports a generally favorable outcome for its wine sales; however, stock levels are recovering slowly.

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The most renowned Burgundy wines are currently experiencing a decline in value. However, this downward trend is not likely to last long.

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As traditional investment assets see growth in the second quarter, the fine wine marketplace "Liv-ex" finds itself grappling with a decline in value, and it's not alone in its downturn.

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Sylvain Naulin will assume the position of Managing Director of the Burgundy Trade Association Bureau Interprofessionnel des Vins de Bourgogne (BIVB) starting in mid-July 2023.

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Despite a decrease in export volume, the high prices in 2022 have propelled Burgundy to achieve a new sales record.

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In 2022, iDealwine auctioned wine online for €38.3m. Burgundy records the highest prices, rare organic and natural wines gain importance in auctions.

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