Chateau Lafite Rothschild, the Bordeaux first growth, has launched a more affordable new wine targeting on-trade sector. Read More
France
Millésimes Alsace Digitasting, the first “phygital” Wine Trade Show entirely organized by an appellation, will return in 2023 following its successful launch in 2021. Read More
The much anticipated President's Barrel was sold for close to US$1 million at the annual Hospices de Beaune auction on November 20, setting a new record, as the 162nd edition of the charity sale itself shattered previous records to bring in €31 million. Read More
Former NBA star Tony Parker has officially purchased Château Saint Laurent located just outside of Avignon in the heart of France’s Rhone Valley for an … Read More
In one of its grimmer estimates, Liv-ex warned that with China’s sagging economic growth and political uncertainties, its allure for global wine merchants has dimmed and the country “will not be riding to the rescue of the global wine trade in difficult times ahead”. Read More
Enoteca Shanghai, the Chinese division of the leading Asian wine retailer Enoteca, has become the exclusive partner of Alsace's pioneering biodynamic producer Domaine Marcel Deiss for mainland China, as the retailer eyes the winery's "natural wine appeal" to the country's wine lovers. Read More
The 162nd edition of the annual Hospices de Beaune wine sale on November 20 will present a total of 51 different cuvées of the 2022 vintage produced from vineyards across the Hospices’ 60-hectare holdings. Read More
Treasury Wine Estates has announced that it has completed its majority acquisition of Château Lanessan in Haut Medoc, which would allow Penfolds to double its existing production capacity in France. Read More
Pierre Castel, one of the richest billionaires in the wine industry and founder of world’s third largest wine producer Castel, is being hit with US$416 million tax bill ordered by a Swiss court, according to a Bloomberg report. Read More
Five top wineries including Provence's flagbearer of high-end rose Domaines Ott, Alsace's iconic Trimbach winery and Spain's historic Bodegas Faustino will vie for the much coveted "European Winery of the Year" award at the Wine Enthusiast’s 23rd Annual Wine Star Award. Read More