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Spain : wine prices worrying as harvest approaches
While Spain is preparing to harvest for the 2010 vintage, wine producers are worrying about the price of grapes. Some have already decided to leave the grapes on the vines. The situation is particularly worrying in the Castille-La-Mancha region, champion exporter of wine in bulk. Here the ave...
Trends: Light at the end of the tunnel for the Champagne industry?
Champagne encountered a bright spell at the beginning of 2010, after two tough years. Whereas shipments dropped 5% and then 9% in volume in 2008 and 2009 (-1% and then –17% in value), in the first five months of 2010, they leapt up 20% compared to the same period in 2009. And with a comparison...
Expert Opinion of Sylvie Cazes (Union des Grands Cru de Bordeaux) ‘The 2009 vintage has found its market’
Applauded by some, condemned by others, the price rises for Bordeaux Grands Crus 2009 vintage have received a lot of press coverage. The trade, notably the English-speaking market, often raises alarm bells, and is a reminder that Bordeaux cannot stake everything on the Asian markets ...
Wine exports up more than 10% for the first half of 2010
The gulf in France's trade is widening: Exports are growing, particularly in the wine sector, but not enough to eclipse the growth in imports. The minister for the economy and foreign commerce said ‘‘With regards to wine, the upswing in export is even stronger, with growth of 10.7% co...
Sales of Bag-in-box® wine see growth of 15%
The growth in sales of Bag-in-box® wine continues: since the start of the financial year, sales of still wine in Bag-in-box® have represented 1.6 million hectolitres, a growth of 14.8% compared to the same period in 2008/2009. Wine traders are extending their range and moving the cont...
Pernod Ricard bring together their international brands under ‘Premium Wine Brands’
At the presentation of of the company’s new business project, ‘Agility’, Pernod Ricard announced some changes to their organisation. The developpment and global strategy of the group’s wine brands is entrusted to a new company, baptised ‘Premium Wine Brands’. Jean...
Trends: export sales up 25% in one year for the winemakers of Buzet
The winemakers from Buzet have raised their export volume by 25% since September 2009. This portion of their activity now represents 20% of the cellar’s total sales. In England their wines won various medals at the competition organised by industry magazine Decanter. Their latest creation i...
Languedoc : Bruno Kessler grabs a share of Grand Sud Vin (part of the Taillan group)
Bruno Kessler, ex-purchasing director of the Grand Chais de France group, and current national trade president, has bought a minority stake in the wine trader, part of the Taillan group. Based in Sète in the Hérault département, Grand Sud Vin specialises in the trade of wine in ...
Rhone Valley : ‘Union des Terroirs de la Voie Domitienne’ buys a share in Friedmann wines.
Languedoc Co-operative group ‘Union des Terroirs de la Voie Domitienne’ has bought a 45% stake in wine-trader Friedmann wines, based in the Sainte-Cecile-Les-Vignes commune. With this deal the co-operative group, based in Cournonsec, strengthens its partnership with the trading compan...
The Expert Opinion of Paul-François Vranken (Vranken-Pommery): ‘‘At the moment consumers are looking towards less expensive brands, but this phenomenon is subsiding’’.
The strong upturn in the Champagne industry in the first half of 2010 (sales are up 14%) is benefitting the Vranken-Pommery Champagne house, which has improved its 6-month turnover figure by 45.4% to 120.7 million Euros, compared to the same period last year. However, on a like-for-like basis...
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