In the second largest bank failure in US history, the California-based Silicon Valley Bank went into receivership last week as a result of inadequate liquidity and insolvency. The bank was closely involved with both the tech start up and wine sectors and sometimes brought them together. Robert Joseph reports.
Energy costs, supply chain issues and the economic crisis - these are the topics that are of the greatest concern to the wine industry in 2022 and 2023. This is the conclusion of the ProWein Business Report, for which Geisenheim University surveyed a total of 2,500 industry representatives from 47 countries in November 2022.
There was sobering news at the annual presentation of the Silicon Valley Bank report—young consumers are showing no signs of embracing wine as they mature.
Hochschule Geisenheim University and the Association of German Sparkling Wine Producers studied Germany’s sparkling wine market. How much is consumed and when—and who’s drinking it? A report by Professor Dr Gergely Szolnoki, Christoph Kiefer and Dr Alexander Tacer.
Expensive wines are a male preserve -- at least that's what a study by Wine direct/Enolytics for the US market suggests. Women buy, 61.2% of wines under US$20 a bottle, but 71.5% of bottles over US$90 a bottle are bought by men. The tide is turning, however.
Despite the buzz surrounding the sector, wine drinkers are still not feeling very tempted by wines with reduced or no alcohol - as a new Wine Intelligence report reveals.
Origin is often touted as an important quality feature for sparkling wine. Whether Austrian consumers also see it that way was investigated in a study at the University of Applied Sciences Burgenland. Bettina König, Christian Pfeiffer and Marcus Wieschhoff report.
Tradition demands the participation of individuals who are dedicated to preserving it. For the Trentino winegrowers’ cooperative Mezzacorona, this involves safeguarding the indigenous grape varieties Teroldego and Marzemino, showcasing their qualities both as monovarietal wines and in blends.
