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Published: 24 October, 2024
The 2024 harvest season for Conegliano Valdobbiadene Prosecco has concluded, closing out a year marked by unpredictable weather that led to a slight decline in yields compared to 2023. The harvest, which began in mid-September and finished in early October, was about a week later than the usual schedule. In contrast, 2023 followed a more typical harvest timeline, with activities generally completed by late September.
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Published: 24 October, 2024
With only a few months remaining before the Extended Producer Responsibility (EPR) scheme begins, UK businesses are calling on the government to delay its rollout, citing confusion, unpreparedness and unclear costs. In a joint letter to Defra, over 80 companies have urged postponing the scheme until there is more clarity on its operation and expenses.
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Published: 23 October, 2024
London-based wine bar and retailer Humble Grape is bolstering its retail and B2B operations with the appointment of David Green as director of sales.
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Published: 23 October, 2024
As the UK Budget looms, with anticipated rises in alcohol duties, Calais Vins and Olivier Vins have introduced a new offer designed to attract British travellers looking to save on their wine purchases before potential price hikes hit. The timing of this initiative positions the two retailers to capture heightened demand as consumers brace for the Budget's impact on alcohol costs.
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Published: 23 October, 2024
Britain’s leading hospitality groups recorded modest year-on-year sales growth in September, continuing a trend of like-for-like growth that has been in situ since the beginning of the year.
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Published: 23 October, 2024
The fine wine market continued to face challenges in Q3 2024, as prices dipped for another consecutive quarter. According to Wine Cap's Q3 2024 Fine Wine Report, the market has been in decline since late 2022, with an average drop of 4% in the latest quarter.
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Published: 22 October, 2024
Virgin Wines UK has announced its annual results for the year ending 28 June 2024, showcasing a marked improvement in profitability despite a flat revenue and challenging market conditions.
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Published: 22 October, 2024
Berry Bros. & Rudd is making its entry into the auction market, leveraging the private wine collection of long-time client Ian Mill KC. This inaugural auction will be held online, featuring selections from a Burgundy collection recognised as one of the finest worldwide.
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Published: 22 October, 2024
Australian wine exports surged in the 12 months to September 2024, with value rising 34% to AU$2.39bn and volume up 7% to 643 million litres, according to Wine Australia’s latest report. These figures represent the highest levels since August 2021, mainly driven by a strong return to the Chinese market after it removed import duties on Australian bottled wine in late March 2024.
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Published: 21 October, 2024
In the wake of an overall cool vintage, expectations remain high in the Douro Valley, with initial reports suggesting that year's crop will showcase “vibrant fruit, fine tannins, and remarkable acidity”.
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Published: 21 October, 2024
New government data indicates a slight reprieve for the hospitality sector, as accommodation and food service insolvencies fell 16% month-on-month in August 2024.
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Published: 21 October, 2024
Hospitality leaders have sent an open letter to the Chancellor, imploring Rachel Reeves to “fix business rates and prevent bills quadrupling for high streets across the country”.
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Published: 21 October, 2024
South Africa’s wine industry is basking in a moment of pride having had one of its number announced as president of the International Organisation of Vine and Wine (OIV).
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Published: 21 October, 2024
Last month saw yet another glass-clinkingly successful Whisky Show in London, and as a result I felt compelled to provide my tuppence worth on where the category is at. In a different approach from my usual grumpy diatribes, I’m feeling all warm and fuzzy. Maybe it’s the many great things that are happening in whisky right now - or maybe it’s the amber liquid that’s sloshing around in my tumbler. Either way, I have a lot of good things to say.
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Published: 18 October, 2024
Lebanese winery Ixsir has managed to complete another successful harvest despite devastating socio-economic challenges in the region, including daily bombings in areas such as the Bekaa valley and a deepening crisis in the conflict with Israel.
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Published: 18 October, 2024
A partnership has emerged between the Old Vine Conference (OVC) and various organisations in California, which will culminate in a northern California meeting in late 2025 where Jancis Robinson MW will be the keynote speaker.
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Published: 18 October, 2024
The results are in for the Wines Direct 2024 consumer survey, revealing the wine buying preferences of over 1,750 consumers.
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Published: 17 October, 2024
The WSET (Wine & Spirit Education Trust) has appointed Regine Lee MW to its Board of Trustees as the representative for the Institute of Masters of Wine (IMW).
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Published: 17 October, 2024
With just two weeks remaining until the autumn Budget, WineGB has called on the UK government to prioritise the English and Welsh wine industry by reducing excise duty and offering targeted support to boost growth.
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Published: 17 October, 2024
Pernod Ricard, the world’s second-largest spirits group, reported revenue slump of 8.5% to €2.783 billion and a 5.9% organic decline for the first quarter of fiscal year 2025, as a challenging macroeconomic environment in China and ongoing inventory adjustments in the US contributed to an underwhelming performance.
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