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Today's wine business news for wine industry professionals...

Not Much Cheer for Wine Sales This Holiday Season: The post-pandemic slump in wine sales continued into the third quarter of 2023, as consumers remain skittish because of inflation and economic uncertainty. There have not been any clear signs of improvement as we enter the crucial holiday season, as the pace of the decline has been reasonably steady over the past 12 months...

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Today's wine business news for wine industry professionals...

Politicians Are Quietly Creating a New Route for Restaurants to Sell Wine: Working Lunch: It's an often-overlooked channel with plenty of room for growth, according to a lobbyist in the trenches...

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Cult Wines, the company forging the future of the wine industry, has announced the successful completion of a seed fundraising round...

Key Investors Include Former Moet Hennessy Chairman Christophe Navarre and Formula1 Driver Valtteri Bottas LONDON, UK (June 19, 2023) -Cult

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Today's wine business news for wine industry professionals...

Global Grape Production in 2022 Reached the Second Highest Peak of the Last Twenty Years: Since 2000, the share of non-pressed grapes has significantly increased, mainly due to the rise in production of table grapes that has almost doubled in twenty years...

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Cult Wines, the company actively redefining the fine wine market, have reported a slight downturn in the global fine wine market this May...

MildDownturn Amid Market Correction: Regional Performance Varies as Buyers Show Sensitivity to Price LONDON (JUNE 6, 2023)Cult

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Cult Wines, the company actively redefining the fine wine market, reports fine wine markets declined in April by 0.37%, as measured by the performance of the Cult Wines Global Index...

Anticipation of Bordeaux 2022 En Primeur Campaign Possibly Hinders April Wine Market Activity. Artadi Pagos Viejos Maintains Top Position in 2023 Wine

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