Austrian wine exports experienced a decline in both value and volume in 2024, attributed to global market challenges, according to the Austrian Wine Marketing Board. Data from Statistics Austria ...

The rise of semaglutide drugs like Ozempic and Wegovy is creating ripples in the alcohol industry. These medications, originally developed to treat type 2 diabetes, have gained popularity for their ...

VIK, the renowned retreat, vineyard, and winery in Chile’s Millahue Valley, has announced its Harvest Festival, set to take place on May 3, 2025. This event celebrates the 2025 harvest season and ...

Generation Z is beginning to influence the alcoholic beverage market significantly. While many Gen Z members are still under 21, this group already accounts for 6% of total alcoholic beverage buyers, ...

In France, the wine industry faces uncertainty as it awaits decisions from Washington and Brussels regarding potential U.S. tariffs. Mid-March, former President Donald Trump threatened 200% tariffs on ...

Louis Roederer has been named the "World's Most Admired Champagne Brand 2025" for the sixth consecutive year. This recognition, awarded by the prestigious Most Admired Champagne Brands ranking from ...

Diageo, a global leader in premium beverages, has named Eduardo Wanis as the new Chief Financial Officer for Southern Europe. He will report to Patrick Gantier, managing director for the region, and ...

Despite recent challenges, analysts predict a rebound for major alcohol stocks in 2025. The spirits sector has faced a tough year, with share prices dropping significantly. This decline is due to ...

The growing "Buy Canadian" movement is beginning to reshape the dynamics of U.S.-Canada trade, with U.S. consumer goods companies reporting disruptions as Canadian retailers and shoppers increasingly ...

This summer, Corona Cero, a new non-alcoholic beer from Backus, is launching an innovative initiative called "Fruit Cart Bar." This strategic partnership involves street fruit vendors in Lima, making ...

At ProWein 2025, held from March 16 to 18 in Düsseldorf, Germany, the Japan Sake and Shochu Makers Association showcased its national alcoholic drinks at the Kokushu Booth. This included Japanese sake ...

A new winery is set to open in the heart of the Pompeii Archaeological Park, aiming to revive ancient Roman viticulture. The Tenute Capaldo Group, in collaboration with the park's management, plans to ...