Another month of limited activity on the world’s bulk wine markets has passed by, with the traditional lull during the Northern Hemisphere summer holiday season adding to the quietness. Will 2023 crop projections change things?
Young people appear to be embracing the call to drink in moderation. Alongside widely reported moves by Millennials and Gen Z towards being 'sober' and saying no to all alcohol, TikTok seems to be encouraging a trend to simply drink less.
In its latest annual report, US online retailer, Drizly, reveals that the youngest wine drinkers in the US say they are going to drink more red wine - or non-alcoholic beverages. Wine also seems to be a popular gift.