News

Price swings on the international bulk wine market.

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Two merchants in France were penalized for purchasing bulk wine from producer Rémi Lacombe at prices below the production cost, establishing a significant legal precedent.

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The five most important markets account for almost 60% of Italian wine exports. Given declining sales, this is now causing concern.

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Vino de Municipio has been updated to Vino de Pueblo, introducing details that enhance the category's appeal for smaller producers.

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From New Year's Day, some die-hard wine enthusiasts camped for a month outside the doors of Vinmonopolet in Norway, aiming to get the best selection from the new releases on February 1st. The dream: Domaine Romanée-Conti.

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In a suspected act of sabotage at a winery in Ribera del Duero, an unknown individual spilled wine valued at an estimated €2.5m.

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The global bulk wine market was relatively active in the first six weeks of the year compared to the slowness of the second half of 2023. Where has the activity occurred and what is the latest news from the Southern Hemisphere’s vineyards, where harvesting is getting underway?

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Current developments on the bulk wine markets: News from France, Italy and Spain.

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France managed to export wine and spirits valued at €16.2bn in 2023, marking a decrease of one billion. Wine experienced negative growth across all categories.

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The champagne house Vranken-Pommery Monopole increased its turnover by 1.2%.

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A major Rioja producer, once among the highest-grossing in the region, is forced to sell all assets due to bankruptcy. Accusations of wrongdoing are being made.

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To mark their 180th anniversary, the Australians are launching a new champagne in collaboration with Champagne Thiénot. They are aiming to strengthen their existing luxury distribution and consolidate their French ties.

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The American family-owned company E. & J. Gallo is undergoing a rebranding to strengthen its perception as a leading brand in the wine and spirits sector.

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In February 2021, Uber paid $1.1bn for a young start-up called Drizly. Now that business is to close.

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Farmers in Germany face fluctuating earnings, making subsidies an important part of their income. In 2023, their earnings were high — but there are huge differences in the sector. 

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