As central banks around the world coordinate to fight the economic impact of coronavirus (Covid-19), the drinks trade is already feeling the impact of the crisis, with the postponement of events being the most visible effect.
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Vinitaly has become the latest trade fair to postpone its event, scheduled for April, due to coronavirus (Covid-19).
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In light of coronavirus (Covid-19) continuing to cause chaos in the world of wine, drinks market analyst IWSR is gearing up to launch a risk assessment tool that will examine the impact of the novel virus on the alcohol market on a quarterly basis.
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Following growing speculation it has been announced that Prowein 2020 will be postponed due to the ongoing coronavirus (Covid-19) outbreak.
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Prowein has revealed that climate change will be a key focus at next year’s event.
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Grupo Sogevinus, best known for its collection of Portuguese-style Port houses and range of old colheitas, officially launched its growing range of Douro table wine at Prowein.
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Over 61,500 visitors from 142 countries visited Prowein in 2019, a record number for the event.
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Nyetimber has recruited an international area sales manager for Europe as part of plans to increase its presence in the traditional sparkling wine producing countries.
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An anchor point in the calendar of the wine industry, the industry is busy gearing up for this year’s Prowein, a special 25th anniversary edition of the wine and spirits trade fair.
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Wine Australia is fielding a bumper crop of producers and wines at this year’s Prowein in its strongest presence to date in what CEO Andreas Clark describes as “one of the biggest and most important events in Wine Australia's global calendar”.
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ProWein, the must-attend premier wine and spirits business show in Europe, has confirmed that ProWein 2020 will take place from 15 to 17 March in Düsseldorf.
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Wine Australia has revealed it is introducing a new free-pour tasting area at this year ProWein as part of its biggest presence at the show to date.
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ProWein is stepping up its presence in Japan by partnering with Foodex – the country’s biggest food and beverage trade fair.
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Across the supply chain the UK wine trade has been under tremendous pressure, according to Bernard Fontannaz, founder of Origin Wine, and it has got to stop focusing so heavily on price and start communicating better with consumers.
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Speaking to Harpers ProWein, Félix Solís UK managing director Richard Cochrane highlighted the shifting topography of the UK wine market, describing "seismic changes" that continue to alter the retail landscape in ways that he suggests are of an unprecedented significance and scale, with major implications for those supplying the UK trade.
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With ProWein over for another year, Harpers.co.uk looks back at one of the mightiest wine trade fairs around and hears what attendees and exhibitors had to say
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This year's ProWein was marked by a distinct spilt that seems to be happening within the UK wine trade. Discovery of small producers and esoteric wines is growing in popularity, but simultaneously so is the emphasis on brand building within the wine trade. Bill Hardy, of UK's number one wine brand discussed the importance of why brand building is important in the UK wine trade.
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Between the bush fires, one of the most severe droughts in the last century and a toppling currency, South Africa has not had it easy in 2015. The currency specifically has been challenging for wine producers and could potentially pose a problem for wine producers in the year ahead.
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Australia increased its stand space at Prowein by 30% this year, with some 46 exhibitors showing wines from 21 producing regions, aiming to build upon a renewed confidence rooted in growing global exports, including strong premium sales to Asia and growth in the US.
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English sparkling wine producers are on bullish form with a strong presence at ProWein reflecting a confidence in an industry that is looking to grow its production and exports significantly over the next couple of decades.
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