Wine: latest news, insights and analysis | ESM Magazine

Climate Change, Russia-Ukraine War Hit Global Wine Industry: OIV

Climate change and the Russia-Ukraine war are squeezing global sales and production in the $300 billion global wine industry, which is still recovering fro...

Italy’s Gruppo VéGé Introduces Video Sommelier Service

Italian modern retail distribution group Gruppo VéGé has rolled out a video streaming sommelier service in its stores in partnership with Sma...

In Spain's La Rioja, Old Vines Could Future-Proof Wine Against Climate Change

In Spain's La Rioja, old vines could future-proof wine against climate change as a study by the Vine and Wine Research Institute has determined that vines...

Italian Wine Sector Warns Of Glass Shortages

The Italian wine sector has warned of glass shortages this autumn, which could amount to between 150,000 and 200,000 tonnes.

Purcari Acquires Majority Stake In Bulgaria’s Angel’s Estate Winery

Purcari Wineries, a leading producer of wine and spirits in Romania and Moldova, has announced it has acquired a 76% stake in Bulgarian wine producer Angel...

LVMH's Wines And Spirits Business Posts 23% Revenue Growth In First Nine Months

The wine and spirits business of luxury group LVMH has reported a 23% increase in revenue in the first nine months of 2022, with strong performance in Euro...

Constellation Brands Seeks To Develop Higher-End Market Positioning

Drinks group Constellation Brands has outlined its ambition to 'higher-end wine and spirits portfolio with distinctive brands and products', following the...

French Wine Output To Rise 18% After Early Harvest: Ministry

Wine production in France this year should reach 44.6 million hectolitres, 18% above last year's frost-ravaged output, the farm ministry said as harvesting...