The French wine and spirits sector witnessed a notable decline in exports in 2023, with figures falling 5.9% to €16.2 billion admist global economic challenges, prompting the President of FEVS to call it "a wake-up call" for French wine and spirits companies. Read More
Europe
According to Federvini Vice President Piero Mastroberardino in Italy, he faults France's negociant system for squeezing profits out of winegrowers, spurning protests in France. Read More
DBR Lafite Group has been awarded nearly RMB 80 million in a landmark lawsuit case against counterfeiters, a record-breaking amount granted to a foreign wine company. Read More
Leading Bordeaux négociant Joanne is allegedly invovled in a wine smuggling case that's being investigated by Chinese authorities, according to Chinese media reports, the second time the négociant has been linked to wine smuggling. Read More
China has officially launched an anti-dumping probe into EU-produced brandy, dealing a huge blow to leading brandy and cognac producers including LVMH, Pernod Ricard and Remy Cointreau. Read More
Laurent Delaunay, from a renowned négoce family, will lead the BIVB board for the next two years, focusing on a range of pressing issues. Read More
Cult Wines has robustly denied allegations of cancelling Bordeaux En Primeur wine orders worth €20 million. The allegations, initially reported by a Chinese media outlet, has caused a huge stir among the wine trade in China, Bordeaux's largest export market. Read More
Global wine consumption has undergone a "structural shift", with white and rosé wines now surpassing red in popularity, largely driven by the success of sparkling wine such as Italian Prosecco, according to the (OIV). Read More
In a huge blow to the global drinks industry, the World Health Organization (WHO) is calling for increased taxes on alcoholic beverages, particularly targeting wine, which is exempted from 22 countries, especially in Europe. Read More
Château Mouton Rothschild has revealed its much-anticipated 2021 label, which features the original artwork by acclaimed Japanese artist Chiharu Shiota. Read More