The US Department of Commerce (DOC) has announced preliminary anti-dumping duties on glass wine bottles from China, Chile and Mexico, with some duties reaching as high as 218.15%.
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Following a decline in global beverage alcohol sales in 2023 and tough trading conditions so far in 2024, IWSR has predicted a gradual recovery from 2025.
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Independent wine importer Howard Ripley Wines has announced the signing of two US growers to its portfolio as it looks to expand beyond its long-standing flagship regions.
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We’re now at a crossroads in the UK. I don’t mean economically or politically. I will leave others to comment on that. Having worked previously for a wholesaler and now as a distributor, it’s the changing wholesale drinks market I want to discuss.
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It was a noble, if ultimately inconclusive exercise. Maybe that’s true of anything that involves an indigestible dose of subjectivity. But you can’t fault Areni Global for attempting to define and “rethink” the fine wine market, no less. In a recent white paper, accompanied by an entertaining panel debate and tasting at Sotheby’s in London, the impressive think tank set out to analyse what its chair, Nicole Rolet, calls the “fine wine ecosystem”. Ambitious, as I said.
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Maison Louis Latour, the family Burgundy-based wine negociant founded in 1797, has appointed Florent Latour as its new chairman – a role which will see him assume operational control of the company.
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A major shift in premiumisation trends is about to occur, new analysis from the IWSR has concluded, as millennials and those who enjoyed greater discretionary spend during the pandemic feel the strain of a new period of economic instability and stagnation.
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The growth of Rioja’s white wines is paying dividends for the region in the export market, finally making good on a promise that the DO is able to diversify its portfolio abroad. However, things are looking a little less rosy globally in 2022, with uncertainty in various key markets leading exports to take a tumble.
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A new report issued by Rabobank, the multinational banking and financial services company, has examined the potential for a looming US recession to shrink the hitherto booming market for luxury brands.
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Andrew Catchpole caught up with outgoing Yalumba MD Nick Waterman and his successor-to-be Karl Martin.
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Mike Veseth doesn’t just make wine economics understandable; he makes it thrilling.
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The ratification of Pinot Noir for use in of two Alsace's grand cru is opening up “new possibilities” as well as reviving a key part of the history of the region, an Alsace official has said.
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Javier Pagés has been re-elected to the post of president of the Cava DO – a role he has pledged to use to continue to raise Cava’s status to one of “world’s highest quality sparkling wines”.
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Some of London’s top bars have made a splash at Tales of the Cocktail’s annual Spirited Awards, where they picked up five of the eight international awards – including the gong for the World’s Best Bar.
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With prices rising for wines from top Italian DOCs and other producers – thanks to high demand and prices coupled with the collapse in sterling – these are tough times for the UK wine trade, with the pressure on margins tougher than ever.
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Online retailer Naked Wines has lost nearly 40% of its market value after it admitted that lockdown-boosted sales and heightened customer acquisition is likely to see a significant drop in 2023.
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A new report issued by the IWSR is full of encouraging news for the international beverage industry. According to the organisation's Drinks Market Analysis, the value of global alcohol sales grew 12% last year to reach US$1.17 trillion, while volume rose by a more modest 3% in 2021.
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With sales exceeding all expectations, the drink for good times is back on top form, finds James Bayley.
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The Portman Group today issued updated guidance to drinks companies on the fast-growing hard seltzer category, after research found there is low understanding among consumers that the drink is alcoholic.
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Having launched their all-African Bayab gin range and Vusa vodka – and with more to come – Spearhead Spirits founders and friends Chris Frederick and Damola Timeyin talk Andrew Catchpole through their mission to put African spirits at the top table
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