New Tariff War Could Choke Off LVMH, Oetker Wine Supplies to U.S. April 10, 2019 U.S. government plans to apply retaliatory duties against EU exports in response to subsidies for Airbus could have a marked impact on European beverages industry. The EU exported $7.14 billion of wine, brandy and other spirits that have been targeted for duties to the U.S. in 2018. Still wine... Read more →
Americans Raising More Glasses These Holidays, Tequila The Winner December 21, 2017 The U.S. wine industry is having a tough end to 2017 after California’s wildfires led to a 17% slump in exports in October. Imports meanwhile increased 6% in October and 7% in November as Americans look elsewhere for their holiday drinks. The growth in wine imports has been led by Pernod Ricar... Read more →
California’s Wildfires and Europe’s Harvest Could Make Wine a Rarer Commodity October 25, 2017 Global wine production in 2017 may drop to a level not seen since 1963. A poor harvest in Europe – from a mixture of frost and drought – could cut production by 15%. U.S. wine imports have yet to reflect this new reality, with shipments in the past three months from Europe actually having rise... Read more →