Italian Trade Agency (ITA) is cautiously optimistic about Chinese wine market this year following China’s swift reopening, as it kicks off its tailor-made wine and spirits courses for the country’s wine trade in anticipation of market rebound. Read More
Europe
Vinexposium, the leading wine and spirits professional event organizer, and Bettane+Desseauve, an internationally recognized group of experts, have created an alliance to promote wines and spirits. Read More
French drinks giant Pernod Ricard is planning to raise prices for its drinks due to inflation pressure and stablized demand for spirits in its top markets in the US and China. Read More
France’s wine and spirits exports reached record high in 2022 thanks to inflation, making it the second largest export after aerospace goods. Read More
While Bordeaux remains a crowd pleaser in Asia, Singapore and South Korea departed from the overall trend and showed more diversity last year, according to Liv-ex data. Read More
Provence's pioneering wine producer Domaines Ott* has officially obtained France's organic growing certification after successfully completing a hereculous task of converting close to 300 hectares of vineyards into organic production. Read More
Hennessy V.S.O.P has unveiled a new sleek, more versatile and eco-friendly design that has been conceived to reduce carbon footprint, as it aims to use eco-designed packagings for all of its new products by 2030, the Cognac producer has announced. Read More
Côtes de Bordeaux is making some of the best value for money wines in Bordeaux and here's why it should be on your radar for 2023. Read More
Italian wine exports are booming in the first 8 months of the year despite surging energy crisis and inflation, but suffered setbacks in the vast Asian market where exports to mainland China, Hong Kong and South Korea plunged. Read More
Bordeaux winemakers staged the biggest protest in nearly two decades to call for government aid for a vine-pulling scheme that is expected to uproot 10% of Bordeaux vineyards following plunging wine demand from its biggest export market, China. Read More
