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Theories of the Global Wine Glut // Strategy Behind Gallo's Recent Napa Acquisitions
September 12, 2023 - Wine Industry Insight Daily News Feed
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Two large wine containers broke yesterday in the town of Levira, Portugal, which lead to the streets being flooded with wine.
— Brain Quest (@AweInspireMe)
1:41 PM • Sep 11, 2023
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Today’s Most Interesting Wine Industry Data
“Some limited activity has recently occurred on the bulk market, an encouraging sign in what is traditionally a slow time of year. This activity has mainly taken place on Napa Valley Cabernet, Sonoma County Chardonnay, California Cabernet, and some small batches of Sonoma County Pinot Noir. Sellers have continued to become increasingly cognisant of the slow wine sales picture and are open-minded to fair offers. “
The Rest of the News
Hugely Popular Texas Winery Southold Farm + Cellar Closes as Owners Head to France
CGA reveals growth in no and low drinks as France’s consumers moderate their alcohol
French wine harvest 2023: Bordeaux crop to shrink as Burgundy, Loire rise
Divine Knowledge: Vineyard stewards benefit from learning why
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