Fine wine investment platform, Cult Wines, closed 2022 with a ‘positive end to the year’, the company has revealed, with its Cult Wines Global Index concluding the 12 months with a 20.54% gain.
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Awin Barratt Siegel Wine Agencies (ABS) is partnering with House Coren, to distribute their sparkling wine, Boco – the first English wine to join the ABS portfolio.
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To mark its 60th anniversary, the Consorzio of Conegliano Valdobbiadene Prosecco DOCG has announced the launch of two new initiatives. The first is a research facility called, The Green Academy, which will enable producers to work more efficiently for the benefit of the region environmentally.
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Affordable and trendy, Italy’s famous sparkler has been in the fizz category’s driving seat for some time.
James Lawrence reports
Fine wine investment specialist Cult Wine has released its 2022 Champagne report and the investment potential “speaks for itself” according to the experts.
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Cava’s image has been bruised in recent years, not least by an exodus of nine influential producers in 2019 from the DO. Nonetheless, it remains a sparkling powerhouse, led by corporate giants Codorníu and Freixenet. The numbers speak for themselves: global exports rose by 16.45% in the first nine months of 2021, according to the Consejo Regulador. However, with stagnant growth in the UK, there are challenges ahead if the DO hopes to reconquer one of Europe’s most dynamic sparkling wine markets.
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The sparkling wine industry has arrived at a crucial moment. As markets have expanded and consumer attitudes evolved beyond the ‘just for celebrations’ paradigm, brands can expect to achieve growth that would have been impossible in the 20th century. As the hottest consumer wine topic in the UK, the scope to encourage further premiumisation across different sparkling categories is unprecedented.
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Sandridge Barton, the home of Sharpham Wine, is toasting a bumper harvest after collecting more than 80 tonnes of grapes, enough for approximately 80,000 bottles.
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Cava's regulatory council has issued a statement about the difficult growing season this year, characterised by “continuous and above-average high temperatures, along with successive heat waves in late spring and early summer.”
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The UK's largest winery has published an update on vintage 2022 in southern England, celebrating “both the exceptional grape quality and yield”.
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WineGB has criticised the set up of the government’s duty relief scheme which effectively denies small wine producers support.
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Vranken-Pommery’s English wine ‘trials’ at its Pinglestone Estate in Hampshire could prompt viticulture changes in Champagne, the house has said, with Pinglestone being used as a ‘laboratory’ where findings on lowering vine density could be taken across the Channel.
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English sparkling wine estate Ridgeview has announced its ambitions for the 2022 harvest, citing the soaring summer temperatures as a significant contributor to excellent growing conditions.
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Globally, we may have not been swinging from the chandeliers much over the past two years. When it comes to the secondary market however, Champagne has undergone a period of intense transformation to become one of the most attractive propositions for fine wine investors.
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Sparkling wine brand Nyetimber is poised to harvest a record area of vines – 325 hectares – to produce well over one million bottles of fizz from vintage 2022.
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Ridgeview, the Sussex-based sparkling wine producer, has achieved B Corp accreditation following a rigorous application process.
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Comité Champagne, the trade association representing the interests of Champagne growers and houses, has published an update on its “solar” 2022 vintage.
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The medal winners of the Champagne & Sparkling Wine World Championships (CSWWC) were announced today (September 16), with a total of 147 Gold & 249 Silver medals awarded in this year’s competition.
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Much has been made of the growth of the UK wine sector and how climate change is slowly emerging as a net benefit for vineyards across the country.
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Champagne house Taittinger will continue its support of the International Culinary Prize in the upcoming 2023 edition, with entries closing on 7 October.
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