The bottle, estimated at €15,000 to €20,000, comes from the first peacetime Burgundy vintage after World War II.

They say a 2018 restructuring shifted Lagfin’s tax residence to Luxembourg, triggering an unpaid Italian exit tax.

BLS data showed away-from-home spirits cost 3.3% more than a year earlier, with non-whisky categories driving the store ...

French people would be willing to pay an average of 94 euros a year to preserve the country’s wine heritage and 123 euros a ...

The Miami company said it will broaden distribution for the Polish brand, which is sold in more than 80 countries.

The decline underscored continued weakness in the American spirits market, where retailers remain cautious on stocking levels ...

Craft beer edged up 0.7% on a rolling annual basis, ending a prolonged decline, with stout and cider still leading.

Officials say the narrower pact would sit alongside the existing free trade agreement and seek exemptions for key exports.

IWSR said affluent buyers still spend on premium bottles, but increasingly demand verifiable rarity, age and provenance.

Brands from soju to tequila are leaning on provenance and cultural cachet to drive exports in slowing markets.

Wine regions plan tastings, tours, concerts and food events to promote vineyards, rural heritage and local economies.

The company said the revised total includes land, buildings, equipment and wines used to season casks for The Macallan.