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Treasury Wine says it is ready to ship Australian bottles to China // Wine Paris extends international reach
February 15, 2024 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“California’s bulk wine market remains slow following a third-consecutive annual decline in wine sales volumes in the US and confirmation of a 2023 crop figure – 3.66 million tons – unlikely to stimulate demand. Inventory is significant and suppliers are being increasingly proactive in soliciting buyer interest. Consequently, there has been an uptick in European enquiries into Coastal wines – particularly Chardonnay – owing to the highly attractive price-quality ratio they now offer.”
The Rest of the News
Seppeltsfield partners with Riedel to present 1924 Para Vintage Tawny
Industry Veteran Brian Hilliard Tapped to Lead Subsidiary Company of Beckstoffer Vineyards
Industry Veteran Jeff Roth to Lead Breakthru Maryland & Washington, D.C
Early Diemersdal harvest sees energy and vibrance from dryland Sauvignon Blanc vines
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