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
Europe
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
The auction of Château Mouton Rothschild's newly unveiled 2020 vintage including a unique superlot, the only Nebuchadnezzar (15L) of 2020, has fetched a total of €175,000 on December 2, the Bordeaux first growth has announced. Read More
While Burgundy and Champagne continuously build on last year’s momentum, 2022 Liv-ex Power 100 ranking saw Bordeaux further losing attractiveness with no single wine from the region on the top 10 list for the first time, says Liv-ex. Read More