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All types of French wine are affected by the expected lower harvest

France expects big slump in 2024 wine harvest

Unfavourable weather has likely slashed France's 2024 wine harvest by 23% compared to the previous year, the agriculture ministry said in an estimate published today.

Business • 08 Nov 24

A wildfire in Spain destroyed some of the country's vineyards

Wine Margins: How climate change hurts drinks makers

Bad weather looks to be hampering Europe's wine harvest for a second year in a row, highlighting the impact climate change is having on popular consumer goods, writes Adam Maguire.

Business • 17 Oct 24

DIGI says that a glass of wine in Ireland incurs an excise tax of 80 cent compared to a cent in France

DIGI calls for cut to 'high' excise tax rate in Budget

The Drinks Industry Group of Ireland (DIGI) has called for a 15% reduction in the country's "high" excise tax rate over the next two years to reduce costs for thousands of rural Irish businesses across the country.

Business • 25 Sep 24

Pernod Ricard sells bulk of wine unit to focus on spirits

Pernod Ricard said today it agreed to sell the majority of its wine portfolio to the owners of Australia's Accolade Wines, disposing of a dragging division to focus on its core business of spirits.

Business • 17 Jul 24

Pernod 'continuously exploring options' for portfolio

French spirits group Pernod Ricard said today it is "continuously exploring options" for its business portfolio.

Business • 20 Sep 23

Consumers turned to wine while consuming at home during Covid-19 lockdowns, but went back to beer and cider once pubs and restaurants reopened

Wine sales down 13% in 2021 as hospitality reopened

Wine sales fell last year on the back of the reopening of hospitality, according to industry group Drinks Ireland.

Business • 19 Aug 22

Michelle Lawlor, founder of The Nude Wine Co.

The business of selling wine online

Fiona Alston speaks to one founder who has successfully brought their business through the pandemic and another whose company was born due to the pandemic.

Boost My Business • 14 May 21

The International Organisation of Vine and Wine pegged 2020's world wine production at between 253.9 million and 262.2 million hectolitres

Global wine output squeezed as coronavirus crisis hits

Global wine production will remain below the five-year average this year, dented by low South American volumes and European Union output caps after the coronavirus crisis sent sales sliding.

Business • 27 Oct 20

Premium wines were refilled with low quality produce and then sold on an online auction platform (Pic: Europol)

Europol uncork network selling fake Italian wines

A wine counterfeiting network has been raided by Italian police, supported by Europol.

News Lens • 30 Jun 20

The study found planting different grape varieties or quantities could significantly cut losses

Study warns of impact of climate change on wine product

Drinking a glass or two of your favourite wine could become a rare pastime unless growers swap grape varieties to adapt to climate change, researchers have warned.

News Lens • 29 Jan 20

Didier Guillaume rejected claims by Donald Trump that American wine is better than French wine

French minister says Trump's wine tax threat 'moronic'

The French agriculture minister has said US President Donald Trump's threat to tax French wines was "completely moronic".

Europe • 30 Jul 19

Wine comprised 27.7% of the Irish drinks market last year

Growing demand for wine and spirits but beer still top

Irish consumers' taste for wine and spirits is growing, a new report from the Drinks Industry Group of Ireland (DIGI) shows.

Business • 18 May 18

Frozen wine grapes in Heiligenstein in Alsace in north-eastern France

Europe's wine production at lowest level since WWII

Europe's wine production has dropped to levels unseen since World War II after extreme weather battered top producers Italy, France, Spain and Germany, according to the main farmers' union.

World • 11 Oct 17

The Diageo deal includes the Navarro Correas and San Telmo wine brands

Diageo sells Argentina wine business

Diageo, the world's largest spirits company, said today it had sold its wine interests in Argentina to Grupo Peaflor for an undisclosed amount.

Business • 05 Nov 15

The deal is for Diageo's US-based Chateau and Estate Wines and the UK-based Percy Fox businesses

Diageo sells US, UK wine interests for $552m

Drinks group Diageo has agreed the $552m sale of its major wine interests to Treasury Wine Estates, as part of its drive to shed non-core assets.

Business • 14 Oct 15

China had 1.97 million acres of land devoted to wine growing, compared with 1.02 million hectares for Spain

China has world's second biggest wine-growing area

China now has the second-largest wine-growing area in the world after Spain, according to figures released today by the International Organisation of Vine and Wine.

Business • 27 Apr 15

Affected region is Chile's main fruit and wine producing area

Late frost hits Chile wine production, fruit crops

Chile declared a state of emergency after a late frost caused an estimated €1 billion worth of damage to fruit crops, potentially hitting wine production as well.

News • 03 Oct 13

China is now the biggest importer of Bordeaux wines

China launches probe into EU wine exports

China has launched a probe into European wine exports in response to the EU's imposition of anti-dumping duties on Chinese solar panels.

Business • 05 Jun 13

Worst wine harvest in half a century expected

The European Union's farmers' union has warned that drought, cold and hail have conspired to produce the worst wine harvest for the region in up to half a century.

Business • 17 Oct 12

Wine