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Wine consumption is changing. The industry hopes new trends will help it survive

Grapes are seen in a vineyard in Ruedesheim am Rhein, western Germany. Kirill Kudryavtsev | Afp | Getty Images Global wine consumption has been on a steady decline in recent years — and it’s forced the wine industry to adapt. Organic and orange wines, non-alcoholic options and high-end fine vintages are all seeing increased demand, as … Read more

Boomer-centric wine industry at a crossroads as Gen Z turns away from alcohol

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Fine wine market in the red as Chinese demand dries up

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fine wine investors have been left with little to toast this year, after prices of top-end Burgundies and vintage Champagnes fell sharply as demand from Chinese buyers dried up. The price of Burgundy dropped 14.4 … Read more

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