Blog: Wine Evolution 2005 - Update #3
Chris Brook-Carter | 1 February 2005
Wine Evolution here in Paris is now well into its second and final day. Inevitably, given the show’s location and the news yesterday that the French Government has pledged €70m in aid to its winemakers, much of the debate has centred on the plight of French wine at home and abroad.
The usual tussle between French producers and New World winemakers over terroir versus simple branding surfaced once again. However, there was a growing understanding that these are separate products, and although France is in desperate need of reform, we cannot simply force New World marketing practices onto Old World products, whose strengths lie elsewhere.
A number of French producers aside, the overall feel of the conference was positive driven by optimism, in particular, from the US and UK markets. The challenges remain clear, though. The global oversupply is still sloshing about and consolidation at the retail level in many major markets continues. Both phenomena continue to help drive the momentum of the discount category, often at the expense of more premium offerings. Our industry must be prepared to accept its own consolidation as a means to combat these trends and embrace innovation as a tool to drive the value growth.
Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....
No, this is not PepsiCo's new ad slogan for its Mountain Dew brand....
Major wine players flocked to China ready for online giant Alibaba's 9.9 Global Wine and Spirits Festival, which took place on 9 September....
In May, Heineken's CEO, Jean-François van Boxmeer, called Vietnam the "poster child" for international beer thanks to strong demographics and growing demand....
- The end is nigh for Global Travel Retail - Comment
- Five ways small brands can beat big players
- Interview, Bulldog Gin founder Anshuman Vohra
- Pernod Ricard's Q1 results - Preview
- Pernod Ricard Q1 2017 results by region, brand
- Diageo most at risk to Thai alcohol ban - analyst
- Constellation sells Canadian wine unit for US$761m
- Jobs at new India hub won't affect staff - Diageo
- Stumbling UK Pound prompts Conviviality price hike
- Pernod Ricard cheers US move to ease Cuban limits
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020