The on-trade has been urged to take lessons from the airline industry and work on a yield per person model rather than obsessing over cash margins on wine.
ONS figures show that drinking rates continue to plummet among Brits as moderation becomes the order of the day, especially among millennials. The Holy Grail of the trade is to inspire consumers to drink less but drink better, thus preserving margins and demonstrating a tangible push towards responsibility.
Saddled with loans and meagre margins in a cut-throat market, most of the smaller wineries in the country are on the verge of closure.
Excitement about reds and rosés ran high when the wine industry took roots in India three decades ago. But the industry wears a pallor now, with many among the 100-odd wineries across the country — mostly in Maharashtra and Karnataka — either struggling to stay afloat or shutting shop.
The world's wine industry will converge on Sunday when the prestigious Vinexpo kicks off in Bordeaux, the capital of French viticulture, with Chinese visitors leading the pack of foreign punters.
Spain -- one of France's leading competitors along with Italy -- is this year's guest of honour at the four-day extravaganza drawing some 45,000 buyers and 1,000 journalists.
2017 may be a good year for wine-themed attractions in Santa Maria.
On May 27, a new partnership between the City of Santa Maria, Santa Maria Valley Chamber of Commerce and Visitors & Convention Bureau (VCB) hit the road with the Santa Maria Valley Wine Trolley.
Now that the en primeur season is behind us it is interesting to reflect that many commentators are talking as though it has been something of a failure.
At Amphora Portfolio Management we beg to differ. A campaign is a failure if it fails to find a pulse in the underlying market.
Despite all the hype surrounding English wine, very few are actually turning a profit.
It's no secret that English sparkling wine is the darling of the UK trade at the moment. Hell, even the French, who have jealously guarded their exclusive right to the name Champagne for centuries, have taken to le vin Anglais.
Wine Displays Inc. a global leader in premium wine storage solutions began taking orders today for L-type Series 2, the first significant breakthrough in 'label out' wine storage since the concept was first pioneered in Austria, over a generation ago.
SAN FRANCISCO and VANCOUVER, British Columbia, June 23, 2017 /PRNewswire/ -- STACT
The Pennsylvania Liquor Control Board (PLCB) today welcomed local officials and the public to the grand opening of a new Fine Wine & Good Spirits store at The Court at Harleysville, 237 Harleysville Pike, Harleysville, Montgomery County.
HARLEYSVILLE, Pa., May 4, 2017 /PRNewswire-USNewswire/
Miguel Torres, Gaia Gaja, Kathryn Hall and Harvard professor John Holdren take the stage at 'Fire and Rain' environmental panel.
Wine Spectator kicked off Vinexpo, the international wine-trade fair held biennially in Bordeaux, on Sunday by gathering experts and industry pioneers to tackle one of the most critical issues facing the global wine community: climate change. Senior editor Dana Nigro served as moderator for "Fire and Rain: Climate Change and the Wine Industry," a lively and thought-provoking discussion of the environmental issues facing vintners today and in the future.
Changing weather patterns are already impacting your favorite pinot noir — just ask your sommelier.
Last week Donald Trump announced he would be pulling the United States out of the Paris Agreement, the first-ever multi-national effort to curb the effects of climate change that was first adopted in 2015.