Welcome to World Wine Watch. A new news service keeping you up to date on events in the global wine industry.
If you have any news tips or suggestions, please email nicki@worldwinewatch.com
Real men do drink bubbles
A survey by World Wine Watch reveals most men don’t feel less ‘manly’ drinking bubbles in front of their peers, though two in three men only enjoy sparkling wine in the company of a woman while some buy Champagne to show off their spending power and splash out on Cristal.
The Bordeaux Chauvinist reviews a white
By the Bordeaux Chauvinist, who reviews the "Clos De Lunes" series in time for the full moon this Halloween weekend. The Bordeaux Chauvinist is a guest sommelier columnist for World Wine Watch, advising on good value for money wines of all appellations and regions (but he remains a Bordeaux Chauvinist).
Moët’s value leads the world’s wine brands
A ranking of the world's most valuable wine brands is led by Moët & Chandon, followed by China's Changyu. LVMH's Chandon and Veuve Clicquot join in at third and fourth place.
Aussie wine exporters hit with China tariffs
Shares in Australia’s largest wine producer, Treasury Wine Estates (TWE), have recovered slightly after the company was hit with a temporarily 169% tariff on its wine exports to China, as TWE seeks to sell its surplus wine elsewhere, make more wine in France or potentially China to avoid the tariff which will kill its Chinese sales.
Australian wineries hit by China tariffs fears
Shares in Australia's largest wine producer, Treasury Wine Estates (TWE), fell to their lowest level in five years this week on possible tariffs or bans being placed on its exports to China. The company has also paused on a demerger of its famous Penfolds brand, to focus on boosting its operations.
China targets wine giants in anti-dumping inquiry
The Chinese Ministry of Commerce (MOFCOM) has targeted Treasury Wine Estates, Casella Wines, Pernod Richard and Australia Swan Vintage as part of its anti-dumping (AD) and countervailing duties (CVD) investigations into Australian wine exports.
Australian wine exports dip
Australian wine exports dip
More in the US turn to bubbles
The number of sparkling wine drinkers in the US is growing, with a 17% increase in the number of monthly drinkers since 2018, with US drinkers increasingly favouring Italian wines, though they turn to Champagne for quality, according to a report.
Tell us whether you prefer French, Italian or Australian bubbles here.
Tell us whether you prefer French, Italian or Australian bubbles here.
South Korea a key wine market
South Korea is being put forward as a top wine market for winemakers to target, second only to the US and ahead of China, having survived COVID-19 comparatively well with wine consumption expected to rise robustly, according to Wine Australia.
Taittinger fruit survives drought
With July the driest month on record in Champagne, producers will have less grapes with which to produce the region’s famous wines. But according to the vineyard director at Taittinger, there were positives from the drought too, with less mould and mildew to harm fruit.
France’s drought hits crisis level
As fires rage in the Napa Valley and threaten US wine production, the drought has worsened in France, with more areas reaching 'crisis' level water restrictions in September after the warmest European winter on record, as households and farmers face severe water restrictions.
TWE targets more female bosses
Australia’s largest wine producer Treasury Wine Estates has committed to achieving 50% woman in leadership roles by 2025 and to reducing carbon emissions by 3.1% globally.
Australian wine exports dip, TWE shares drop
Shares in Treasury Wine Estates, Australia's biggest wine firm, have fallen to their lowest since January 2016 on China's wine dumping probe. Australian wine exports fell just 1% to $2.84bn in 2019–20.
TWE targets more female bosses
TWE targets more female bosses
Moët to flow back onto Australian shelves
A battle between Australia’s largest liquor retailer and France’s LVMH, which led to supply shortages of the world’s famous Champagnes Moët & Chandon and Veuve Clicquot at its stores, has been settled.
Online wine buying ramps up
One in two Chinese wine drinkers and almost one in three Australians buy their wine online, followed by 25% in the US, according to new research, with the level of internet shopping boosted by COVID-19.
Are you are drinking more in COVID here.
Are you are drinking more in COVID here.
Climate change sees earlier harvests
This year’s Champagne grape quality was 'excellent', in part thanks to the severe drought in France. But global warming is challenging winemakers to maintain finesse and keep down alcohol levels.
Do 'real' men drink Champagne? Tell us what you think here.
Do 'real' men drink Champagne? Tell us what you think here.
Wine prices fall in France, rebound in Spain
Wholesale red and white wine prices have dropped in France since March given the impact of COVID-19, while values have rebounded in Spain in recent months, according to data from the European Commission.
More people drinking alone in COVID
Many people have turned to alcohol while more people are drinking alone during the Covid-19 pandemic after being forced to stay at home, according to the latest Global Drug Survey, the world's largest annual drug survey.
Oz alcohol sales soar – but few admit to drinking more
Australia might be in recession, but official alcohol sales are soaring and - but very few Australians admit to drinking more.
Tell us if you are drinking more in COVID here.
Tell us if you are drinking more in COVID here.
Gasly finally gets to enjoy the Champagne
As Pierre Gasly recently celebrated his F1 victory in Monza – the first Frenchman to do so since 1996 – the Champagne cork was popping hard on the podium. But with which Champagne brand was Gasly celebrating?
Women most likely to drink more in COVID
Some Australians are drinking more alcohol during the COVID-19 pandemic, especially females in child caring roles and males who've lost jobs.
Tell us if you are drinking more in COVID here.
Tell us if you are drinking more in COVID here.
We’re drinking more wine sans food
Consumers are increasingly drinking wine outside mealtimes, and the trend has gained momentum since the height of COVID-19 lockdowns, according to the latest data from a UK research firm.
Tell us if you are drinking more in COVID here.
Tell us if you are drinking more in COVID here.
China wine dumping claims dent exporters
China has begun an anti-dumping probe into Australian wine imports. Australia is now the biggest importer of wine into China, having overtaken France in 2019.
Treasury’s profit down, China cushions blow
Australia's largest listed wine company says its net profit has dropped 25% to $315.8, but a Chinese sales recovery has helped lift the company's shares to their highest in months as it restarts VIP wine dinners in China.
COVID-19 slams US wine imports, Italy top supplier
A new report, the Total Beverage Alcohol Overview for June 2002, reveals the value of total beverage alcohol imports in the US (including bulk and packaged) fell 2% by value over the last twelve months and plummeted 24% by value over the last three months Is the coronavirus stumps sales of alcohol.
Drinking can raise chances of COVID-19
The WHO has recently produced a factsheet on alcohol consumption and COVID-19, which provides a sobering reminder not to drink too much.
Tell us if you are drinking more in COVID here.
Tell us if you are drinking more in COVID here.
Australian wine crop drops, but quality to rise
By Nicki Bourlioufas The Australian winegrape crush in 2020 was 1.52 million tonnes – the lowest since 2007 given the impact of drought and bushfires, according to the National Vintage Report 2020 from Wine Australia. The 2020 crush was 12 per cent lower than the 2019 crush, and 13 per cent below the ten-year averageRead More
US restaurant wine sales smashed, 2022 recovery at best
By Nicki Bourlioufas Wine sales in full-service US restaurants and bars will not return to 2019 levels until after 2022, creating huge financial pressures for wine suppliers, according to Rabobank’s Quarterly Wine Report for the second quarter. Covid-19 containment measures in the US, such as lockdown orders and social distancing, have pummelled on-premise wine sales.Read More
Wine in a can? Pour it please.
Wine being sold in a can is increasingly making an appearance on liquor shop shelves. While Australians prefer their wine in a glass, well-known brands are increasingly appearing in a can and a broad range of wines has seen big growth in canned wines available in Australia.