The much-loved Vinitaly show is returning to its usual format in 2022 after the pandemic caused myriad disruptions during the previous two years. It has sold out, so there will be more than 4,000 exhibitors pouring their nest wines. Organisers are expecting delegations from Canada, the US, Sweden, Norway, Denmark, the UK, the Netherlands, Germany, Switzerland, Poland, Singapore and Malaysia…
Volume sales were up 22% for the year to 338.1 million litres, with bulk exports significantly outstripping packaged wine exports. The UK remains South Africa’s largest export market. Volume sales to the UK increased 12% to 92.5 million litres, while value sales were up 20% to R2.5bn. Germany was the second largest export market, with volumes at…
The New Zealand Wine Trade Hub provides a wealth of educational materials and videos, along with a catalogue highlighting thousands of wines. Buyers in any market will be able to find wines they can purchase, along with detailed tasting notes, technical details, images and videos. The hub is available at nzwine.com and it marks New Zealand Wine Week.
Sales increased to €5.96 billion for the first half of the firm’s financial year, up 17% on an organic basis. Profit from current operations increased 22% to €2 billion, which beat analysts’ expectations for a 16.7% rise. Sales were up 20% in the first quarter of the financial year, but growth slowed to 14% for the second quarter. Pernod Ricard said it expects to maintain…
Guinness at Old Brewer’s Yard in Covent Garden is set to open in autumn 2023, creating up to 150 jobs in the UK capital. It will also offer training to 100 bartenders per year at the 50,000 sq. ft. venue. The new site will be built at the confluence of Mercer Walk, Langley Street, Neal Street and Shelton Street. A brewing team will create limited-edition…
Organic net sales were up 20% for the six months to December 31, driven by strong double-digit growth across all regions. Operating profit soared by 24.7% to £2.7 billion as consumers traded up to premium spirits and the company improved its operating costs. Smirnoff and Baileys were two of the strongest performing brands in the portfolio, which also includes Johnnie Walker, Tanqueray, Guinness and many…
Prowein was scheduled to take place in March, but it has been moved to May 15-17 in response to the rapid spread of the omicron variant. That led to a direct clash with the London Wine Fair, which had always been scheduled to take place at Olympia from May 16-18. The London Wine Fair said Prowein’s decision was an “extremely aggressive” move and “a direct…
The show was scheduled to take place in Düsseldorf on March 27-29, but that is no longer feasible due to the number of coronavirus cases in Germany and around the world. Dr. Stephan Keller, Lord Mayor of Düsseldorf and chairman of the Supervisory Board of Prowein organiser Messe Düsseldorf, said: “All parties – participating companies and business at the location – are interested in successful…
Prowein was scheduled to take place in March, but it has been moved to May 15-17 in response to the rapid spread of the omicron variant. That has led to a direct clash with the London Wine Fair, which has always been scheduled to take place at Olympia from May 16-18. The London Wine Fair has no plans to move its own dates in response…
Temperatures dropped below zero, sparking panic among vignerons across Burgundy, the Rhône, the Languedoc, and many other regions. Spring frosts are by no means a new phenomenon in France, but climate change has caused vine buds to ripen earlier in the growing cycle, and they are then killed o when the temperature plunges. In 2021, the Chardonnay vines were more advanced…
