db’s Exhibition Guide 2017
The drinks business casts its eye over the year ahead to present a list of must-attend exhibitions within the international wine industry calendar.
Pernod Ricard invests in Irish whiskey distillery
Irish Distillers Pernod Ricard is investing €10.5 million into its Irish Whiskey distillery in Cork enabling it to boost production by around a third.
Premium wine sales to grow in the US
California’s Silicon Valley Bank has predicted sales of premium wine ($12 to $25) in the US to grow between 10 to 14% in 2017, as a trend toward premiumisation continues and price increases take effect.
As the 2017 South African white grape harvest gets under way, we pick out 10 Chenins which display that magical combination of freshness, tension and mellifluous fruit that so many SA winemakers do so well.
In the magazine
Tucked under the Millennium Bridge, Northbank weaves a Cornish influence into its food offering, though not into its wine list. There is a selection of Cornish mead though.
Scottish brewery Innis & Gunn has promoted Esther Binnie to the role of Finance Director, as it seeks to double turnover to £250 million in the next three years.
UK-based international wine business consultancy Litmus Wines has released its first Red Pinot Noir since 2011 – with an RRP of £30-£35.
The dbHK team have rounded up some of the most popular food and drink pairings around the world in celebration of the upcoming Year of the Rooster.
Starbucks is ending its experimental Starbucks Evenings programme – which had offered a menu of beer and wine – at over 400 US outlets.
Uzbekistan has raised excise duties for domestically produced alcoholic beverages, but will maintain excise duties for imported products.
the drinks business
After a few years of muted activity in the wake of the government crackdown on corruption, China’s fine wine drinkers are showing signs of life again. Will the Year of the Rooster mark a return to form?
Fine wine merchants were caught out by the surge in the secondary market last year, with 98% underestimating its eventual close.
Château Lafite’s price premium over its fellow first growths continued to shrink over the course of 2016 having declined steadily since 2011.
Burgundian vintner Etienne de Montille is planning to build a winery in southern Hokkaido in Japan to produce cool-climate Pinot Noir and Chardonnay.
Champagne Lanson has signed a five-year deal with London venue The O2, which will give it exclusive pouring rights at its public bars and see the opening of a new Lanson-branded Champagne bar.
Champagne sales in China, the world’s fifth largest wine market, are still held back by consumers’ drinking habits, despite global sales of the prestigious sparkling wine continue to grow in both volume and value.
UK importer and wholesaler Liberty Wines is to distribute Sogrape’s portfolio of wines in the UK, which includes Sandeman Ports and Spain’s Bodegas LAN.
Perrier-Jouët has launched two prestige cuvées – the Belle Epoque 2008 and Belle Epoque Rosé 2007 in magnum – with its chef de cave also confirming a string of upcoming vintage release years, including the divisive 2016.
Made with the finest spirits and garnished with either ice and a slice, or a perfect diamond, the world’s most expensive cocktails don’t come cheap.