Afternoon Brief, May 22nd

O’Neill Vintners & Distillers Acquires Ram’s Gate Winery and Creates New Luxury Wine Division: O’Neill Vintners & Distillers Founder and CEO Jeff O’Neill has been a co-owner of the brand since 2011, and now takes complete ownership of the brand and property, creating a new luxury wine division...

By Roberto Pavesi, Fermentis Sales Manager for South Europe Just 15 years ago, Prosecco was almost entirely sold in Italy. Now, it is the world’s best-selling sparkling wine, with 600 million bottles produced in 2020. This phenomenon has evidently to do with a strong wine identity and a rich history, but also to the producers determination that built Prosecco into a billion-dollar brand. Let's see how they worked and what significant challenges they will face in the decade ahead. Roberto Pavesi A SIMPLE STYLE BUT A SHARP STRATEGY The success of Prosecco is global and it has lifted dozens of families from an economic crisis and a lack of outlets for the wine produced. But tensions exist on the exhaustion of the land linked to monoculture, and on the position to be adopted: should Prosecco remain a simple wine or become “the new champagne,” as the English already say? The history of Prosecco resembles a fairy tale. In the Treviso countryside, we always used to drink

92 million bottles of Conegliano Valdobbiadene Prosecco Superiore DOCG were certified in 2020, matching 2019’s record Solighetto, Italy March 11, 2021- The Consorzio di Tutela del Conegliano Valdobbiadene Prosecco DOCG recently released its annual report for the year 2020.  In a year characterized by many challenges, the Consorzio was pleased to announce that 92 million […] The post 2020: A Record Year for Conegliano Valdobbiadene Prosecco Superiore DOCG appeared first on Wine Industry Advisor. Url:https://wineindustryadvisor.com/2021/03/11/record-year-conegliano-valdobbiadene-prosecco-superiore-docg?utm_source=rss&utm_medium=rss&utm_campaign=record-year-conegliano-valdobbiadene-prosecco-superiore-docg Published Date:Thu, 11 Mar 2021 19:24:49 +0000