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

Global Bulk Wine Trade Is Increasing in Value: It Grew by More Than €130 Million in 2022: It exceeded 2.67 billion euros, at an average price of 78 €/hl (+13.3%). The volume exported fell by 7.2% to 34.2 million hl (-2.64 million hl), in a year of great commercial uncertainty and high inflation, in which only the volume of sparkling wines increased...

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

A man whose body was found Monday evening in the Berkeley Marina was identified by the coroners office as a Florida resident recently reported missing by his family and last known to be in the area of the Golden Gate Bridge...

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

Couple Jailed in Spain Over 1.6 Million Euros Wine Heist: A Spanish court on Monday jailed a couple for stealing 45 bottles of wine worth over 1.6 million euros from a hotel restaurant in what police called a "meticulously planned" theft...

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

Wildfires in Chile Rip Through Historic Vineyards and Destroy Wineries: Three regions of Chile have declared a state of emergency as wildfires burn through homes and businesses – as well as some of the country's oldest vines...

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

Silicon Valley Bank Releases Annual State of the US Wine Industry Report: The 22nd edition of the annual report provides an assessment of the industry amid current market conditions and shares a unique forecast for the year ahead based on proprietary research and economic and behavioral trends among consumers...

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

It Was the Wine World's Buzziest Online Club. Can It Recover from Bankruptcy?: It was a fast, improbable success story: A buzzy new wine-tech business co-founded by a burgeoning celebrity sommelier offered access to rare, hard-to-find bottles at fair prices. It was one of the two best wine clubs you could join, according to Wirecutter...

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

Champagne Producers Rebel Against Environmental Reverse: Winemakers have fired the first shots in what could be a damaging battle between producers and Champagne's powers-that-be...

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