Champagne exports hit a record-high value-wise in 2022, with €6bn worth of fizz sales being driven by shifts in consumption from “exceptional occasions to more normal occasions”, the Comité Champagne said at its UK press briefing on 25 May.
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A study published by investment firm WineCap has revealed several key trends that continue to shape the fine wine market in 2023, including a relatively lacklustre demand for 2021 Burgundy and expensive bubbly.
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Winchester City Council has granted Vranken-Pommery Monopole (VPM) planning permission for the construction of a winery at its Pinglestone estate in Alresford, Hampshire, where about 200,000 bottles of English sparkling wine will be made each year.
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After facing economic challenges the year before, 2022 saw Cava achieve some noteworthy results – total sales rose to 249,135 million bottles, an increase of 4.58% on 2021.
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In times of market turmoil, such as the 2008 financial crash, the coronavirus pandemic or the war in Ukraine, fine wine has proved itself to be an asset largely insensitive to macroeconomic uncertainty.
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Mateusz Kowlczyk of Kai Mayfair has been announced as the winner of the 2023 UK Ruinart Sommelier Challenge, taking home the title in the seventh year of the competition.
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Maison Bollinger has announced a shake-up of its core team, following the departure of its long serving chef de cave, Gilles Descôtes.
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Fine wine investment platform, Cult Wines, closed 2022 with a ‘positive end to the year’, the company has revealed, with its Cult Wines Global Index concluding the 12 months with a 20.54% gain.
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FIFA has reversed its decision to sell alcohol at all eight World Cup stadiums in Qatar, just 48 hours before the tournament kicks off.
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Vranken-Pommery’s English wine ‘trials’ at its Pinglestone Estate in Hampshire could prompt viticulture changes in Champagne, the house has said, with Pinglestone being used as a ‘laboratory’ where findings on lowering vine density could be taken across the Channel.
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A chef and sommelier team from Alain Ducasse at The Dorchester has been crowned the winners of Gosset Matchmakers 2022, beating out tough competition from peers in Hampshire and Edinburgh.
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Globally, we may have not been swinging from the chandeliers much over the past two years. When it comes to the secondary market however, Champagne has undergone a period of intense transformation to become one of the most attractive propositions for fine wine investors.
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The old adage goes, ‘spare no expense’ for your big wedding day. However, in the midst of a cost-of-living crisis, those tying the knot are seeking cheaper alternatives for their lavish ceremonies.
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Champagne Gosset welcome entries for the 2022 edition of its landmark Matchmakers Competition, run in collaboration with The Sommelier Collective and Le Cordon Bleu in London.
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Moët & Chandon has announced it will be opening its largest stand-alone Champagne bar in Europe at Harrods in Knightsbridge on July 7.
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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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Cast your mind back, if you can, to the pre-pandemic rush of grape plantings that boosted English wine coverage before 2020.
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Champagne sales surpassed pre-pandemic levels last year, with over 320 million bottles shipped worldwide and the US overtaking the UK as Champagne’s top export market by volume.
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While there was little to celebrate in 2020, Champagne was back with a bang last year, which seemed to take everyone – including the Champenois – by surprise.
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Since March 2020 the Champagne market has been on ice, with little cause for celebration during a global pandemic that has reduced so many gatherings and engagements to a Zoom call.
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