As the 2014 harvest draws to a close, the bulk wine market remains sluggish, with plentiful stocks available in most markets, says the latest report from Ciatti.
The clampdown on luxury goods gifting in China continues to hit the global spirits industry with Cognac announcing total exports are down both in volume and value for the year to July 2014.
New Zealand’s wine industry is about to reach an “event horizon”, says Justin Knock MW. Read more about what’s going on in the “truly global market for bulk wine”. Warning: it’s not pretty.