After several years of enjoying relative immunity to the surrounding socioeconomic turmoil, the fine wine sector finally succumbed in 2023, suggesting investments are not as fail-safe as they once were.
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Francesco, Giovanni and Matteo Allegrini, heirs of Franco Allegrini, are due to acquire the majority shareholding of the famous north Italian winery and its holdings in a move which will effectively see the two branches of the Allegrini family divide their responsibilities and ownership between Verona and Tuscany.
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In 2022, fine wine established itself as a powerful alternative amidst times of economic turmoil, a pillar of stability in an otherwise volatile equities market.
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From 1 July 2023 the term 'UGA' has been permitted to appear on the label of Gran Selezione wines.
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David Kermode looks at the rise in popularity of Italy’s fine wines and why it’s all about Piedmont and Tuscany.
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Daou Family Estates has expanded its reach with the purchase of an as yet unnamed property in Tuscany.
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Following the acquisition of Biondi-Santi in Montalcino in 2017, EPI is strengthening its presence in Italy with the addition of a leading Tuscan estate.
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The owner of Tenuta di Trinoro in southern Tuscany has spoken out in favour of international varieties, claiming that, in certain case, indigenous Italian grapes should play a subordinate role to imports.
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Leading distributor Enotria & Coe has welcomed four leading brands into its portfolio: Susana Balbo, from Argentina; Martín Códax, from Galicia; Frescobaldi, from Tuscany; and Teusner, from the Barossa Valley.
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Michèle Shah charts the fortunes of grape variety reaching new heights, despite the challenge of climate change.
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Alcohol levels in wine have been rising over the past 30 years, with certain regions continuing to climb, Liv-ex has revealed.
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Wine Lister has added 650 new wines onto its interactive fine wine information website.
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The Consorzio Tutela Vini della Maremma Toscana is forging ahead with its project to promote Vermentino which, in 2020 for the first time, was the appellation’s most-bottled grape variety.
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Bordeaux Index has reported record volume trading volumes for Q4 2020, with Bordeaux and Burgundy to the fore, in what the fine wine trading platform described as “step change gains” compared with Q4 2019.
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The European Union (EU) has given Consorzio Tutela Vini della Maremma Toscana the green light to use a bivarietal (wines that blend two grape varietals) label, marking a first for a Tuscany PDO wine.
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Maisons Marques et Domaines (MMD) has been been appointed UK distributor for Italian winery Ornellaia, taking over from Armit Wines.
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Leading Tuscan producer Castello Banfi is pushing viticultural boundaries as part of its wider commitment to advancing sustainability, with hybrid grapes and interlopers such as Georgia’s Saperavi on the cards.
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