You can find yourself reaching for a glass of wine amidst the current uncertainties in the financial markets. However, it’s important to be aware that this indulgence may soon become more expensive. The previously threatened tariffs of 20 percent on all European Union wines and a staggering 30 percent on…

The 14th edition of OperaWine, which serves as the kickoff event for Vinitaly, took place in Verona on April 5 against a backdrop of trade uncertainties. The event featured 131 top wine producers, each showcasing their offerings amidst concerns regarding potential tariffs imposed by the U.S. on European products, specifically…

Last year, Florida Governor Ron DeSantis signed legislation permitting the sale of larger wine bottles, lifting the previous restriction on commercial sales that capped bottle sizes at one gallon, except for reusable 5.16-gallon containers. Recently, the Florida Senate approved a bill, SB 578, that seeks to further alter wine packaging…

Adam Williams, the owner of Ansley Wine Merchants in Atlanta, is preparing for a challenging situation as new tariffs announced by the Trump administration are set to increase the cost of imported wines and liquors. Starting soon, a 20% tariff on goods from the European Union will significantly raise prices,…

Constellation Brands is significantly restructuring its wine business by selling a portfolio of mostly value-priced wine brands to The Wine Group. This sale involves 12 million cases and includes notable brands like Meiomi, Woodbridge, and Robert Mondavi Private Selection. The transaction, which is pending regulatory approval, is expected to finalize…

Last month, President Donald Trump made headlines by threatening to impose 200% tariffs on all wines imported from the European Union. However, after a period of uncertainty, he later adjusted this to a 20% tariff on EU goods, including wine. Although this percentage is significantly lower than the initial threat,…

A historic Tuscan wine vertical was recently held at Christie’s Auction House in New York City, highlighting the remarkable collaboration between two legendary wine families: Frescobaldi of Tuscany and Mondavi of Napa Valley. The event was designed to commemorate 30 years of Tenuta Luce’s Luce della Vite wines, under the…

In a recent press briefing at the Découvertes en Vallée du Rhône trade event, leaders of the Rhône Valley wine industry discussed the challenges and prospects for the 2024 vintage. While global market conditions pose difficulties, they emphasized the stability and quality of their region, as well as strategic initiatives…