Category: Press Release

Vinexpo America and Drinks America Plan a Joint Debut in New York – March 9/10 2022

Vinexposium announced that two co-located events—Vinexpo America and Drinks America—that will reunite the beverage alcohol industry (in person) under one roof, in 2022.  The trade-only expos will be held March 9-10, 2022, in the new Hall 3 at New York City’s Jacob K. Javits Convention Center. Together, they promise to attract top buyers and decision-makers from across North America, the largest and fast-growing beverage-alcohol-consuming market in the world.

Vinexpo America is a repositioning of the former Vinexpo New York, which for three years served as the premier international exhibition for wine and spirits professionals in North America before a 2021 pause due to the COVID-19 pandemic. In its new form, Vinexpo America will focus exclusively on wines, with representation from all of the world’s top-producing regions.

Drinks America is a brand-new expo created in response to a forecasted continuing rise in consumption of spirits and ready-to-drink beverages. It will feature a wide array of spirits, beer and sake from producers across the globe as well as beverage alcohol accessories and services.

Both events will provide U.S. and Canadian buyers access to new and established brands that are looking to expand distribution, network and meet with existing customers in North America. From conferences to master classes, two full days of educational programming will address issues relevant to both the wine and spirits worlds.

For attendees, Vinexpo America | Drinks America offers the advantage of one registration for full access to both shows’ exhibits, programming and events—a great value that also optimizes efficiency as they can meet with producers from around the world in one location over two days.

Exhibitors will benefit from visibility to all buyers, decision-makers and influencers from both events, plus unlimited free guest invitations. A new business matchmaking service will facilitate one-to-one meetings during the two-day exhibition.

“We’re excited to renew our partnership with Vinexposium and come back to New York in 2022 with a brand-new, greatly enhanced offering,” said Mary Larkin, president of Diversified Communications USA. “Bringing together Vinexpo America and Drinks America in a single meeting place will enable us to serve the entire U.S. wine and spirits communities—an especially welcome opportunity after the COVID-19 pandemic forced the cancellation of the industry’s major exhibitions in 2021.”

“The launch of our events in the United States in 2022 is designed to coincide with the resumption of trade between Europe and the USA. Under a new name, Vinexpo America aims to embrace the entire North American market, alongside Drinks America. It has become crucial to offer our customers a comprehensive business platform that matches the scale of the American continent and includes spirits, craft drinks and beers alongside wine,” stresses Rodolphe Lameyse, CEO of Vinexposium.

More information regarding the 2022 event will be announced in the coming months.

#GlobalWineevent #inperson #VinexpoAmerica #DrinksAmerica #vinexpo #winenews #tradeevent #wine #winelovers #Vinexposium #wineevent #instawine #wineevent2022

The Top 10 Countries That Drank The Most Wine In 2020

Paris-based International Organization of Vine and Wine (OIV) has just revealed stats of the top ten countries that drank the most wine in 2020.

Global Consumption has fallen to its lowest point since 2002. OIV reports that that overall wine consumption had fallen three percent to 234 million hectolitres in 2020 – around 6.2 billion gallons. In terms of market value, OIV puts the total exports of wine-producing countries at an estimated 29.6 billion euros ($35.6 billion), a figure that would represent a fall of nearly seven percent.

OIV maintains that these numbers are an estimate.

“With the exception of Prosecco, sparkling wine is the category of wines that suffered the most in 2020,” the organization states.

So, which countries drank the most wine in 2020?

Here are the top 10 by consumption according to OIV.

  1. 1.US – 33mhl
  2. France– 24.7mhl
  3. Italy– 24.5mhl
  4. Germany– 19.8mhl
  5. UK– 13.3mhl
  6. China– 12.4mhl
  7. Russia– 10.3mhl
  8. Spain– 9.6mhl
  9. Argentina– 9.4mhl
  10. Australia– 5.7mhl

#wine #winelovers #winetasting #instawine #redwine #whitewine #sparklingwine #oiv #winenews #wineconsumption #winemarketing

Francis Ford Coppola Winery celebrates the 93rd Academy Awards with two limited edition wines produced by Bottega S.p.A.

Francis Ford Coppola Winery has created two limited-edition wines in honour of the 93rd Hollywood’s prestigious Academy Awards.

“The Family Coppola 93rd Awards’” limited-edition bottles themselves have been produced by Bottega Spa and feature a mirror gold colour exterior. Each bottle was crafted as a symbol honouring the significant talent, passion and hard work achieved throughout the entire film industry.

The Francis Ford Coppola Winery wines selected for the 93rd Awards are a Chardonnay and a Cabernet Sauvignon, both from 2019. They come from grapes grown in Sonoma County, in the first year since 2011 that California did not suffer from drought, giving the wine a pleasing complexity, thanks to the high quality of grapes from that year.

The Chardonnay is balanced and bold, with notes of stone fruit and white peach. The Alexander Valley Cabernet Sauvignon is earthy and spicy with good acidity. Both develop an alcohol content of 14.5% vol.

The exclusive golden bottles have been produced by the Bottega S.p.A. winery in Bibano di Godega (TV), which for years has been developing an exclusive metallization process, thanks to the mirrored gold colour becomes “glass,”, a patent recently recognised also by the Court of Appeal of Venice.

The friendship with Francis Ford Coppola and Sandro Bottega was born together with Stefania Sandrelli, who says: “mutual esteem and trust is the common thread that has allowed us to come together for a little big common toast” and in the same way Sandro Bottega tells of the uniqueness of Francis Ford Coppola “in every thought there is Italy, our culture (including food and wine): Francis sometimes drinks wine cut with water, a real spritz, like our grandparents; he is a man of great culture who spends a lot of time on history books to imagine the future’.”

 

@coppolawine @bottegagold
#coppolawine #bottega #bottegagold #bottegagoldwine #bottegawine #limitededition #Oscars2021 #Oscars
#winelovers #instawine #oscarwine

50 BEST UNVEILS 50 NEXT, A GLOBAL LIST OF YOUNG PEOPLE SHAPING THE FUTURE OF GASTRONOMY

The organization behind The World’s 50 Best Restaurants and The World’s 50 Best Bars has today unveiled the first edition of 50 Next, a list of young people shaping the future of gastronomy. Designed to inspire, empower and connect the next generation of leaders, 50 Next celebrates people aged 35 and under from across the wider food and drink scene, from producers and educators to tech creators and activists. This year’s virtual announcement will be followed in 2022 with a live event in the region of Biscay, in the Basque Country of Spain, the official Host Destination Partner to 50 Next, once travel restrictions are eased.

A list but not a ranking, 50 Next specifically celebrates people, complementing the annual rankings of The World’s 50 Best Restaurants and Bars. It was formed through robust research and analysis by 50 Next and the internationally renowned Basque Culinary Center, following an overwhelming response to open calls for applications and nominations and a proactive scouting for candidates.

The inaugural list aims to represent the diversity of the global gastronomic scene, featuring people from 34 different countries across six continents. Delving into the wider meaning of gastronomy, 50 Next is divided into seven industry-led categories: Gamechanging Producers; Tech Disruptors; Empowering Educators; Entrepreneurial Creatives; Science Innovators; Hospitality Pioneers (supported by S.Pellegrino Young Chef Academy) and Trailblazing Activists. Each category is unranked and comprises a broad spectrum of professions, with those on the list recognized for their overall contribution to the gastronomic ecosystem, as well as their ongoing potential to drive significant positive change.

The class of 2021 includes ground-breaking Australian fish butcher Josh Niland, progressive agriculture advocate Cherrie Atilano from the Philippines, Ghanaian tech innovator Isaac Sesi, Mexican indigenous pioneer Claudia Albertina Ruiz and Jhannel Tomlinson, a Jamaican climate change champion who empowers women through coffee. The youngest on the list is 20-year-old Basque medical student Maitane Alonso Monasterio, who has invented a machine to preserve food.

William Drew, Director of Content for 50 Best, says: “As the world of gastronomy strives to recover from the devastating effects of the pandemic, it is more important than ever for us to support, empower and celebrate those at every level of the food and drink chain. By bringing together this truly diverse list of young people with the support of the Basque Culinary Center, the Biscay region and the wider 50 Best family, we pledge to nurture, uplift and provide a platform for those fighting for a brighter future for gastronomy. 50 Next allows us to connect today’s leaders with the next generation.”

Highlights from the list include:

  • Inaugural 50 Next list features people from 34 countries across six continents, identified as next-generation leaders in food and drink;
  • Seven categories recognize those working across gastronomy in production, tech, education, creative industries, science, hospitality and activism;
  • Unranked list includes 24 women, 19 men and seven groups, with individuals ranging in age from 20 to 35;
  • 700 candidates were considered from a pool of applications, nominations and talent directly scouted by the Basque Culinary Center, 50 Next’s Academic Partner;
  • Live 50 Next event to follow in Bilbao in the region of Biscay, in the Basque Country of Spain, in early 2022.

As the first global list of its kind, 50 Next includes five people based in Africa, six in Asia, one in the Caribbean, 18 in Europe, seven in Latin America, two in the Middle East, three in Australasia and eight in the USA. While there are 29 countries of residence featured, there are 34 countries of origin, owing to the fact that many young innovators have left their home countries to settle in tech, business or educational hubs such as the UK and US.

Full information about the list and selection process can be found on the 50 Next website http://www.theworlds50best.com/50next/

 

@theworlds50best @TheWorlds50Best

#50Next #IAm50Next #Worlds50Best #Asias50Best #LatAm50Best #50BestBars #Worlds50BestBars #Asias50BestBars #BreakingNews #TodaysNews #FoodNews #Hospitality #Gastronomy #Foodies #Drinks #Bartenders #Chefs #Announcement #biscay #bizkaia #50bestbizkaia #VisitBiscay #bilbao #EuskadiBasqueCountry #CulinaryNation #bculinary #mybculinary #gastronomia #BCCtalent @bculinary @visitbisca #50BestTalks #foodtech #culinary

Liv-ex 1000 shows that interest in wines from Burgundy, Champagne, the Rhône, Italy, and US has grown rapidly and unexpectedly

New categories of wine are entering the secondary wine market for the first time, with trading up by 70% from 2019.

Bordeaux, which once dominated the secondary market, now has a share of trade less than half of what it was a decade ago. But it hasn’t fallen out of favour – rather, its share has shrunk as the overall market has surged and interest in wines from Burgundy, Champagne, the Rhône, Italy and the US has grown rapidly.

“Last year was a positive year for the wine market, with all major Liv-ex indices showing gains,” said Liv-ex Director and Co-Founder, Justin Gibbs.

Liv-ex (the London International Vintners Exchange) is the London-based global marketplace for the wine trade, where fine wine merchants from around the world buy and sell wine. What happens on the exchange is a reliable indicator of the health of the secondary wine market.

And what it shows is that the secondary wine market is not just booming, it’s broadening.

Fast Market Growth

The number of distinct wine brands traded on Liv-ex last year was up 70%, from 996 in 2019 to 1,420. The total number of wines – including different vintages of the same wine brands – was 8,735, up 72% from the 2019’s 6,367.

The surge has continued into 2021, with March 2021 closing on the biggest month of trade in Liv-ex’s 21-year history – 1,250 distinct wine brands were traded, of which 130 were newcomers to the secondary market. More than £80 million ($109 million) of live bids and offers, are currently available on the market.

The Liv-ex 1000 index was established in 2014 to capture this broadening. As with all Liv-ex indices, it reflects the activity of e Liv-ex membership – a pool of over 500 of the world’s leading wine merchants, who between them represent the biggest and deepest pool of liquidity anywhere in the world.

Most importantly, as a trading and data resource, it is completely independent. And it shows stark changes in the fine wine market, as new wines enter the secondary market.

One Index Alone Is Up 87%

The most striking example of the changing dynamics of the market is the Burgundy 150. It has risen 87% over the last five years, the beneficiary of collectors putting their capital into a new category.

The Champagne 50 has risen 58% over the last five years, driven by the brand power and prestige of the grandes marques Champagnes, widely available stock, global distribution and accessible price points.

The Italy 100 has risen 45% over the past five years, as merchants and collectors discover the relative value to be found in the great wines of Piedmont and Tuscany.

The Rest of the World 60 – which includes the top wines of California, as well as Australian, Spanish and Portuguese wines – has risen 31% over five years. US wines, in particular, are attracting attention; in 2019, US wines represented just 2% of trade by value on the market. That shot up to 7% of total trade last year.

What’s Driving the Trading?

As elsewhere in the economy, technological innovations have swept through the wine industry, transforming the behaviour of both wine businesses and buyers. This past year has seen the launch of new wine tech start-ups, digital wine apps, soaring online sales and virtual tastings, ensuring that people are no longer anxious about buying or trading online.

“These innovations in technology have had a significant impact on buying patterns,” said Gibbs. “As more of the wine trade go digital – with many enabling their customers to access the market using our Automation services – we are seeing increasing diversity in what is traded as collectors are put in the driving seat.”

As a result, the wines brought through Liv-ex in 2020 not only came from the more traditional fine wine regions like Bordeaux and Burgundy, but also from China, Hungary, Switzerland, Austria, Germany, Chile, Argentina and more. Prices per bottle also ranged from £4 to £21,000. As the wine world becomes increasingly digital, this broadening trend is likely continue.

The Market Set to Expand Further

Since 2019, US collectors and merchants have been constrained by the US government’s tariffs on the wines of France, including Bordeaux and Burgundy.

“The tariffs have had a singular effect on the fine wine market over the last 18 months, not least for Italy and Champagne whose wines were excluded from the extra 25% levy,” said Gibbs.

But the recent lifting of the tariffs has had a marked effect on activity – leading to a strong kick in demand for wines of all regions.

There are also other reasons to believe the fine wine market will both grow and diversify further.

“The combination of low interest rates and massive fiscal spending suggests that asset inflation will not be confined to equity, commodity and property markets,” said Gibbs. “The fundamentals of fine wine will also be an attractive option to those with cash to spare.”

#livex1000 #livex #finewine #burgundy #champagne #bordeaux #Rhone #USwine #winenews #instawine #winelovers #winecollectors #wineinvestment #digitalmarketing #finewineregions