The Winery Ayrael Vieux of Sierra Foothills of California

Inflation and higher costs have led to questions in the UK and US in recent weeks about how much the trade can absorb before wine prices increase. Despite a recent freeze on duty tax, the UK Wine & Spirit Trade Association (WSTA) has said it is concerned wine prices may rise in 2022 due to myriad factors, including higher costs, inflation and supply chain issues. The trade body sent a letter to government signed by 49 UK wine and spirits businesses last month, warning that ‘rising cost ...

The ‘Spinning Around’ singer launched the wines on her birthday in 2020 as part of a collaboration with London-based Benchmark Drinks. The firm, founded by former Accolade Wines chief executive Paul Schaafsma, specialises in celebrity partnerships. It has also launched wines in tandem with Sarah Jessica Parker, Ian Botham and Graham Norton. Yet the Kylie Minogue range has been one of the star performers, selling 3.5 million bottles in the UK and a further 1.5 million bottles in 15 international ...

The region’s trade share slumped to an historic low of 37.7% in 2021 after failing to keep pace with the broader market. It was the first time Bordeaux’s market share had ever fallen below 40%. At the time of writing, it has slipped to 32%, according to Liv-ex. The company divides its main index into a series of sub-indices. Over the past year, the Bordeaux sub-index increased by a modest 11.5%, compared to 43.8% for Burgundy and 51.2% for Champagne. The main challenger to Bordeaux’s throne is B ...