The Grapevine

Wine Industry News for January 30, 2017

January 30th, 2017

Worries over the wine market and wine labor, the odd economics of wine fakes and why an empty bottle can be worth $300, and a fizzy fight in Italy. [level-members]

The Washington Post reports that 2017 is shaping up to be troubling for the wine industry in the US, with concerns over the strength of the market as well as the impact of the Trump administration’s immigration policies.

Forget making a cheesy lamp – enjoy that high-end bottle of wine and then … refill it with something less rarefied and resell at a huge profit. That seems to be the m.o. for some counterfeiters and why empty wine bottles can go for more than the full bottles that most of us enjoy. Read the full Bloomberg article here.

According to Wine Searcher data, there’s a battle brewing between two Italian sparklers – Prosecco and Franciacorta. It seems that in Italy, the upstart Franciacorta may be gaining ground on the long-time favorite.