American Association of Wine Economists AAWE’s Post

Reason behind this trend is very simple. Last twenty years generic wine brands such as Carlo Rossi and Franzia have been shifting from finished product export to bulk wine supply & local bottling, to save import duty.

Wine Brands aspiring to grow in the UK market, This is a really beneficial webinar for you as various crucial topics will be discussed. #LondonWineCompetition #BeverageTradeNetwork #BrandEnhancement

The latest report on the Italian wine market in the USA paints a bleak picture. Despite a slight increase in imports by 1.1%, consumption has plummeted by 9.5%. This sharp decline highlights the struggle of the Italian wine sector amidst broader economic challenges and uncertainties. Probably, this is the key to understand the current situation. The U.S. market, a significant importer of Italian wines, shows waning interest, with local wines dominating consumption and Italian wines facing a tough competitive landscape. And in Spanish, we say "Cuando las barbas de tu vecino veas pelar, pon las tuyas a remojar". Which is less polite than "Forewarned is forearmed" but means the same. https://lnkd.in/d4WeMHMy

Steering the Course: Insights from Larry Jorgensen, CEO of Wines of Western Australia. From the Historic Swan Valley to World-Class Margaret River, Western Australia’s Wine Regions Embody Diversity and Excellence. Western Australia’s wine industry, once centered around the historic Swan Valley, has undergone a profound transformation since the 1970s. Today, this expansive state is home to nine diverse wine regions, producing just 2% of Australia’s national output yet contributing 20% of the nation's fine wines.  Article provided by Beverage Trade Network. https://lnkd.in/dvdJYEEi

The Liv-ex Fine Wine 100 rose 0.4% in March, the first rise in 12 months. Meanwhile, the Liv-ex Fine Wine 1000 fell 0.6%, softer than the February decline, to close at 397.75.

On November 24th 2023, the European Commission, published 40 specific implementation guidelines for EU directive 2021/2117, with regards to Digital Wine Labels. The directive has become active since December 8th 2023. If you're a winemaker selling your wines in the EU, an importer of non-EU wines, or a wine professional, you need to be aware of the latest details & understand what's the correct course of action to become compliant! During this webinar we present an overview of the 40 Guidelines published by the European Commission, with a special focus on how they affect: -Actual compliance deadline for each product type / category -Design of back labels -Collecting the necessary information to be included in the digital labels Learn more about how the flexyQR platform empowers you to deliver frictionless QR Codes compliance at https://lnkd.in/ddEf2hJX #DigitalWineLabels #QRcodes #flexyQR #EU #winebusiness

Another year of double digit growth for Kent wine producer 🍷📈 Gusbourne, the premium English sparkling wine producer, has announced another year of good progress, reporting a 16.5 per cent increase in UK wine sales growth, net revenue up by 13 per cent compared to the previous period, gross profit up by 30 per cent to £4.1 million and gross margin improving to more than 68 per cent. With the ongoing expansion of the Appledore, Kent's international presence and global appetite for English fine wine increasing, Gusbourne is now in 35 international markets, and expects the year ahead to see it benefit from increased supply and inventory, following the harvesting of its biggest yield to date last year. Gusbourne has also seen ongoing success in international and UK wine competitions with an impressive number of awards for its wines, including gold medals and trophies. Since the year end, Gusbourne has been awarded the Kings Award for Enterprise for International Trade Export. Continue reading... https://lnkd.in/engd5a38 #winery #vineyard #wine #drinks #growth #businessgrowth #finance #funding #investing #announcement #businessnews #businessintelligence

Well suppose it's time to ACCEPT that CHEAP is what the The Fairtrade Foundation stands for! Hope you did your Due Diligence on the Fairtrade Foundation? Leida Rijnhout Sergi Corbalán Fair Trade Advocacy Office (FTAO) Fairtrade International Sadly won't be buying this People's Choice wine because Tesco is not a company that upholds the Principles of Fair Trade. How sad that you believe you're actually making a 'real difference' to the lives of producers by your constant PR posts. Excerpt from Ethical Consumer. Politics Concerns were raised by a number of shareholder groups in 2015 after Tesco’s remuneration report revealed that the company paid £4.13m in bonuses and salary to its chief executive Dave Lewis, for his first six months’ work, and a £1.2m payout to his predecessor who oversaw diving sales and profits. In September 2019 we saw that in the period 2018-2019 Dave Lewis was paid £4,600,000. Tesco then lost half a mark under the Anti Social Finance category as we consider any amount over £1,000,000 a year to be excessive. Around the same time, we took a look at how likely Tesco was using tax avoidance strategies. The company had a number of subsidiaries in tax havens, including one in Hong Kong, one in Cyprus, one in Jersey and one in Guernsey. Tesco contacted us to say that the Hong Kong and Cyprus holdings were in the process of liquidation, and emailed a statement to clarify that they were a responsible taxpayer. Despite this, the company still held two subsidiaries based in places listed in our list of tax havens. No adequate explanation was provided as to what these were for, so Ethical Consumer gave Tesco a worst rating for the likely use of tax avoidance strategies.

The USA Wine, Beer, and Spirits Ratings competition is one of the most prestigious competitions in the country. Our expert judging panel includes Masters of Wine, Wine Directors, Bar Managers, Certified Specialists, Certified Specialists of Wine, and Wine & Spirits Specialists who possess the knowledge and experience required to evaluate wines, beers, and spirits to the highest standards. They understand what makes a great beverage and can offer valuable feedback on how to improve the quality of your beverage. This can be especially valuable if you are trying to get into the US market or expand your distribution network. Enter the USA Wine, Beer, and Spirits Ratings and receive valuable feedback from industry experts to elevate your product! How to enter: USA Spirits Ratings: www.usaspiritsratings.com USA Wine Ratings: www.usawineratings.com USA Beer Ratings: www.usabeerratings.com #USASpiritsRatings #USRAwards #SpiritsAwards #SpiritsCompetition #USAWineRatings #UWRAwards #WineAwards #WineCompetition #USABeerRatings #UBRAwards #BeerAwards #BeerCompetition #SanFrancisco

Italian Wines in the UK: Trends and Opportunities with Salvatore Castano. Discover the latest insights into the demand for Italian wines in the UK market with Sid Patel, CEO of London Competitions and Beverage Trade Network, as he engages in a fascinating conversation with Salvatore Castano, On Trade Advisor & Assistant Wine Buyer at Friarwood Fine Wines. In this video, Salvatore provides valuable insights into the current trends of Italian wine regions that are popular in the UK market, as well as emerging wine regions gaining traction.   If you're an Italian wine producer looking to enter the UK market, this video is a must-watch. https://lnkd.in/dJShHDA7