China will impose 84% tariffs on US goods from tomorrow (10 April), up from the 34% previously announced, in a move which looks to further de-stabilise global markets and consumer confidence in sectors such as wine and spirits.
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Analysis from fine wine consulting agency Wine Lister, shows that Bordeaux wines have seen their average market prices drop by 18% over the past 12 months.
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The wine investment firm Winecap in its UK Wealth Report 2025 has revealed that 96% of British wealth managers expect demand for fine wine to grow in 2025, more than any other luxury asset.
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French drinks giant, Pernod Ricard, has reported a fall in sales globally of -4% for the first half of the 2025 financial year. Falls in sales were seen across all major markets.
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New figures released by the Rueda Designation of Origin (DO) suggest that the dry white is stealing a march abroad, with exports to the UK rising by 11.5% between 2020 and 2024.
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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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Fine Wine provided stability amid an increasingly uncertain economic outlook in 2022, a new report from Liv-ex has revealed. However, as renewed investment and speculation pushed prices, analysts have been left wondering whether the ‘Covid era boom’ has run its course.
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Premiumisation was an ongoing trend in wines and spirits during the first half of 2022 as consumers leaned into little luxuries, new data has revealed. However, as we teeter on the brink of global recession, it is increasingly clear that consumers are holding back on their drinks purchases – a trend that could be particularly acute in the UK, where both intensifying economic gloom and rising inflation is threatening to ‘derail premiumisation’.
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With export markets yo-yoing in the wake of China’s trade tariffs, Australia is once again reassessing its place in the wine world. Andrew Catchpole reports.
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The demand for no/low alcohol brands surged across key global markets in 2021, with consumer interest no longer confined to seasonal trends like Dry January.
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The total value of the e-commerce sector in headline markets is expected to grow at an unprecedented rate between 2022-2025, according to the IWSR.
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The market for ready-to-drink (RTD) alcohol products continues to show traction and demand from consumers, according to a new study from IWSR Drinks Market Analysis.
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Concha y Toro's Trivento is celebrating becoming the leading Argentine wine brand in the world, with sales of over US$256.2m a year according to a new report from the IWSR.
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Wine app Vivino has unveiled plans for investment in one of its strongest markets, the UK, after revenues there increased 114% in just one year.
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With good recent vintages to its name and wines that sit squarely with the modern trend towards fresher, lighter styles, Beaujolais certainly appears to be well placed to capture the attention of a new generation of drinkers. Add in ‘ownership’ of Gamay, a distinctive and easy-to-like variety, and the region also offers a sense of discovery (or re-discovery for older drinkers) in a world awash with international grapes.
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Javier R de Galarreta, founder and CEO of ARAEX Grands Spanish Fine Wines, explains why Rioja remains the headline hero with the backdrop of Araex’s growing portfolio of estates straddling Spain’s premium winemaking regions
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A South Australian program has been launched to help open up access to markets in Japan, Malaysia, South Korea and India in the wake of continued uncertainty around shipments to China.
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Drinks giant Diageo has revealed that its outlook for the first half of the fiscal year 2021 has “improved since the year-end”, reversing a moribund earlier forecast for a year that has been rocked by Covid-19.
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Exports of English wine more than doubled in 2019 while sales overall rocketed 70%, according to the latest data from Wine GB released today.
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Austria’s wine industry posted record export growth figures in 2019 by both value and volume.
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