Heineken is making a bold move into the Gulf’s alcohol market by establishing a brewery in Dubai, marking a historic shift in a region known for its strict regulations on alcohol sales and consumption. This project will result in the region's largest brewery, capable of producing Heineken, Amstel, Kingfisher, and Birra Moretti.

Still wines accounted for €668 million in exports to the U.S., sparkling at €260 million. Prosecco continues to dominate, generating €225 million (+5.7% year-on-year). Reds from Tuscany and Piedmont, along with Sicilian whites, showcased robust performance, further diversifying Italy’s wine portfolio in the U.S. market.

The European wine industry, after years of stagnation and decline, is finally seeing a resurgence. However, this revival is under threat due to two looming issues: a potential second Trump presidency in the United States and the possibility of China imposing tariffs on European wine imports.

The surge in popularity of orange wines, or white wines macerated on the skins, signifies a notable shift in consumer preferences and market trends. Less than a year ago, the first signs of this trend began to surface, capturing the interest of consumers, producers, and the broader market.

As negotiations unfold, both European and Russian stakeholders strategically maneuver to safeguard their respective interests in the wine industry. While the AWWR presses for increased tariffs to fortify their domestic market, Italian exporters grapple with the looming uncertainty surrounding their access to the lucrative Russian market.

ProWein 2024 proved to be more than just a gathering; it was a testament to the unwavering spirit of the wine community. As we bid farewell to Düsseldorf, we carry with us not only the insights gleaned and connections made but also a renewed sense of optimism for the future of our industry.

This specific measure regarding uprooting aligns with industry demands and is estimated to involve uprooting 100,000 hectares of vineyards, partially replaced by other crops. This surpasses the previously authorized 9,000 hectares primarily for "health" reasons in Bordeaux.

Today's freeze is not just a nod to the industry; it's a catalyst for growth, job support, and a helping hand to consumers facing tight budgets. Earlier this month, the Wine and Spirit Trade Association (WSTA) highlighted that a duty freeze was the only viable option to prevent further price hikes for consumers already feeling the pinch.

Diving into the data from the Tuscan Wine Association (Avito), we discover that from January 1 to October 31, 2023, a little over one and a half million hectoliters of wine found their way into the market. However, this figure denotes an 8% decline compared to the same period in 2022.

The Pinot Grigio delle Venezie Doc continues to make progress in 2023, and it's good news all around. In the first half of the year, there's been a solid 10% increase in bottling compared to the same period in the previous year. June, in particular, stood out as the best-performing month in a half-year period.

Joining hands in this endeavor are nine major international wine retailers, including Laithwaites, Lidl GB, Naked Wines UK, Naked Wines USA, Sweden’s Systembolaget AB, The Wine Society, Virgin Wines, Waitrose, and Whole Foods Market.

In the realm of Italian wine commerce, we find ourselves navigating an increasingly intricate landscape. Most recent Istat data for the first half of 2023 show that Italian wine exports have encountered an unexpected and unprecedented deviation, shifting into negative territory for the first time since 2020.

"On the forthcoming date of October 25th, an integral discussion is scheduled in Brussels regarding the European Union's proposed program for the promotion of its agricultural products. It is worth noting that this program has raised concerns, particularly in its potential discriminatory impact on both red meats and alcoholic beverages.

The UIV - Ismea Observatory has reported for in the Italian wine sector during the first nine months of 2023. We observe a deceleration in wine exports but a modest resurgence in sales volumes. There is an uptick in purchases of budget-friendly wine products. The Italian wine industry finds itself at a crossroads three-quarters into 2023.

The 2023 harvest is akin to a dual-faced deity. Grape production paints a contrasting canvas, revealing a tale of divergent fortunes across the country. The estimates from the Italian Wine Union (Uiv), Ismea, and Assoenologi present a tapestry where the North shines, the Center and South falter, effects range from moderate to dramatic.

Not my words, these are in fact an extract from the video-prediction that the World Economic Forum (WEF) has recently published and then taken off their website, the clip proposes to act as a crystal ball divining how lives of people around the planet will look like in 2030.

Among the 20 largest alcoholic beverage companies worldwide, if we consider a timeframe between the post-covid shock lows of March 2020 and recent May 2023 prices, three shooting stars from three different regions have dominated investors preference: Constellation Brands, Campari Group and LVMH.

Imagine a 32 years old poet that in 1908, together with some fellow artists, decides to impersonate the very essence of modern iconoclasm, destroying the old to give space to an artistic avantgarde based upon the principles of Novelty, Speed, Noise, Industry, Violence, Unseen, Unheard, Untasted, in a word, Future.

Title may feel a little harsh but how does the future of alcoholic drinks really look like? A more or less shared feeling within the industry is that, at best, it looks uncertain. According to the IWRS, 2020 has seen an 8% decrease in global consumption.

Surprisingly, the initial definition on Merriam Webster has somehow negative connotates, it defines it in fact in this way: to deliver or give up in violation of duty, trust, or loyalty and especially for personal gain (such as "betray"), often used with "out" such as in the expression "sell out their country".