Wine app Vivino has unveiled plans for investment in one of its strongest markets, the UK, after revenues there increased 114% in just one year.
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The UK must adopt a regionally tailored recovery strategy if it is to recover fully from the impact of the global pandemic, which has exacerbated London-centric trends.
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Cramele Recaș, Romania’s largest winery, has earmarked an investment of over €7m in 2021 as it declares 2020 a “premium” vintage and achieves organic certification for two of its three wineries.
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Aldi has pledged to invest a record £1.3bn over the next two years with new and upgraded stores, distribution centres and “further innovations” planned across the business.
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Leading on-trade supplier Enotria & Coe has received a major new investment.
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English wine producer Black Chalk has secured distribution in Japan in a move driven by Black Chalk director and investor, Kenya Matsumoto.
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Covid-19 came at a tricky time for Off-Piste Wines, which was forging ahead with plans to put an £8m investment to good use this summer. Jo Gilbert caught up with MD Andy Talbot to find out what Plan B looks like for this forward-thinking business.
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With the Bordeaux 2019 En Primeur campaign beginning to unfold in an “unusual manner” with virtual tastings and postponed releases, Liv-Ex has begun to roll out adapted coverage with the publication of its opening report, Bordeaux 2019: the value of time.
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BI, the fine wine and spirits merchant, has reported something of a boom in its fine wine sales during the era of coronavirus, with sales of both US and Italian wine leading the pack.
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Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
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British merchant Berry Bros & Rudd was among the winning bidders at the annual Premiere Napa Valley Auction on Saturday, which raised $3.9m in support of Napa Valley Vintners.
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Off-Piste Wines has appointed former Waitrose and Co-op buyer Maria Elener as sourcing and supplier manager for Europe.
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Private equity fund Saphir Capital has taken a majority stake in international fine-wine supplier Wine Source Group.
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I recently received an invitation to invest in the BIB Wine Company. They are crowdfunding on the Seedrs platform, one of the UK’s major players in this market. BIB summarise their pitch as:
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Jo Gilbert digs deep into the vinous roots of southern Portugal to discover how three decades of investment continues to unearth indigenous gems.
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Sogrape is ramping up its investment in Liberty Wines, in a move that will increase its 2017 investment to a majority share in the business.
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Fine wine is a less volatile investment than all other major alternative assets, according to a new report released today by fine wine investment management specialist Cult Wines.
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Tasmania’s vineyard area has grown by 25% over the past two growing seasons, with plans for another 15% increase in the pipeline, as both local and mainland Australian producers invest in the island’s viticultural scene.
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Liverpool-based wine and spirit producer Halewood Wines & Spirits has denied it is slowing down its wine business after several moves this year to boost its international spirits profile and selling off its “loss making” Romanian wine arm.
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Burgundy thrived, Bordeaux consolidated and wine investment proved more stable than gold, according to the Liv-ex annual summary of the 2018 market, described as “a record breaking year”.
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