Notable Russian billionairies are expanding into the EU wine market through the purchase of elite vineyards in well-known wine-making regions of the continent, according to a recent report from the Russian Ministry of Agriculture.
While every stand at Vinitaly had guests trying wine, only the Consorzio Soave enclosure had people tasting wine while wearing heavy dark glasses and head phones. And only on the Soave stand would tasters suddenly spin on their chairs.
Container transport has become the method of choice for shipping wine around the globe, changing the underlying dynamics of the wine market. That was the message from Angelo Cotrone from global wine brokers Ciatti, who was speaking at the Meininger’s International Wine Conference in March.
Every new vintage in Bordeaux is a little like an old movie in which a damsel in distress is miraculously saved from disaster just in the nick of time. Except in Bordeaux, the villain and the hero are both played by the same character – the region’s variable weather.
Russian wine production declined by 10% in 2016 to 37m decalitres, according to statistics published by the Russian Ministry of Agriculture, which is one of the poorest results for the country’s winemaking in the last several years.
Bordeaux’s 2018 Fete du Vin, the world’s largest wine tourism attraction, is bracing itself to welcome three million visitors – or five times the normal number.
The 2017 Meininger Award, ‘Excellence in Wine & Spirits’ honoured giants of the wine and spirits industry. This year, the awards went to Markus Molitor, Pasul-Francois Vranken, Christophe Salin, the Frescobaldi family, Bern G. Siebdrat and Nonino.
Major Spanish producer Freixenet is expanding its sparkling portfolio with a Prosecco DOC and a Prosecco DOCG, which it launched at ProWein.
Treasury Wine Estates (TWE) has announced that Tom King has been appointed Managing Director, Europe. King replaces 53-year-old Dan Townsend, who died unexpectedly in the Napa Valley in early March.
Bruno Baudry has resigned as CEO of ASC Fine Wines, one of China’s oldest and most prestigious wine importers. Baudry will officially step down on 31 March 2017, and be replaced by Yoshihiko Shibuya from Suntory.
Spanish wines made a splash at the Spring Tasting of the Grand International Wine Award MUNDUS VINI, which ended on Sunday, 26 February, after four days of intensive tasting.
Russia’s national parliament (the Duma) has decided to significantly increase the excise duty on domestic wines produced from imported raw materials.
The decision came as amendments to the national tax code, which came into force on 1 January 2017, were approved.
It is billed as the toughest wine exam in the world.
However, the 2016 exam for budding MWs in Australia became even tougher after a major error in one question sent students – who had each paid A$5,000.00 ($3,590.00) to sit the exam - into panic.
Writers from Meininger’s Wine Business International were honoured at the Born Digital Wine Awards, whose winners were announced on Thursday, 24 November 2016.
The line was three-deep at Table 12, where Domaine de la Romanée-Conti was being poured, while elsewhere people lined up to try Champagne Jacquesson, Tempos Vega Sicilia, Ornellaia and Weingut Joh. Jos. Prüm, among others.