Fine wine investors are being urged to exercise caution when buying "less prestigious second growth" wines, given the large volumes available and lack of growth in emerging markets, says Bordeaux Index.
Sterling remained around a 13-month high against the US dollar yesterday as investors continued to speculate that US interest rates would stay in place much longer than the UK.
Read more...Cork produer Amorim has posted a sales increase of almost 14% by volume in 2010, selling more than 3 billion cork bottle stoppers.
Read more...Maxxium's liqueur brand Sourz is making its TV debut as part of a new marketing campaign.
Rémy Cointreau has entered into exclusive negotiations with EPI over the sale of its Champagne division.
Read more...Sterling jumped to the highest level against the US dollar for over a year after stronger than expected UK data left investors expecting an interest rate hike far before the USA.
Read more...Concha y Toro has bought Brown-Forman's Fetzer Vineyards in a deal worth US$238 million, the largest transaction in the Latin American wine giant's history.
Sterling gained against the US dollar yesterday as concerns over the price of oil dented the US currency.
Drinks bosses have slammed evidence which says there will be up to 30,000 alcohol-related deaths in the next 20 years, claiming official statistics were ignored.
Read more...Alcohol Concern and the WSTA are at loggerheads over how supermarkets display alcohol throughout their stores.
Read more...The Guardian
It's the annual Fairtrade fortnight, which means consumers may well be tempted to pick up a bottle of Fairtrade wine over the next couple of weeks.
Christie's is expanding its global wine sales team to keep up with its 70% boom in wine sales since 2009.
Read more...Blossom Hill is pushing the premium envelope with a new range of blended wines, as well as revamping its existing varietals selection.
Read more...Exports of Portuguese wines to the UK have doubled in value, showing increases up to 99.1%, according to the National Statistics Institute of Portugal.
Read more...The inaugural Discover the Roots - Wines of Turkey Conference and Tasting 2011, saw 250 wine trade and press attend the official launch of its wines to the UK market.
Read more...Sterling fell on Friday as data showed that the UK economy contracted by more than had initially been anticipated for the fourth quarter of 2010.
Read more...Seminars and tastings around the country for store managers, sommeliers and chefs will form part of a new wave of activity for the Discover the Origin campaign.
Read more...The search for France's best Vins de Pays wines, now the Top 100 IGP competition, has begun.
Read more...Sterling gained against the euro and US dollar yesterday after Bank of England chief economist, Spencer Dale joined Martin Weale and Andrew Sentance in calling for higher interest rates to deal with stubbornly high inflation.
Read more...The brightest independent wine merchants in the country have been recognised in Harpers' Top Merchants awards, presented at Vinopolis last night (Wednesday February 23).
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