Latest wine news from April 12, 2024.

Winery Italy: Decreasing Wine Stocks: Wine stocks within Italian wineries continue to decline, recording a decline of 5.1% over February 2024 and 11.3% over March 2023. However, this decrease could be influenced by the poor 2023 harvest. At Vinitaly, more detailed data and analyzes will be presented.

Thirteen Ideas for Vinitaly 2024: Vinitaly, the epicenter of the wine week in Verona, is approaching. The event, which will be held from 14 to 17 April, will host over four thousand exhibitors and will offer a variety of meetings, tastings, events and previews for sector enthusiasts.

Umani Ronchi: Winery of the Year 2024 for Gambero Rosso: Umani Ronchi celebrates its first 40 years at Vinitaly 2024 with the recognition of Winery of the Year 2024 by Gambero Rosso. The company will participate in the event with meetings, tastings and celebratory events.

Pasqua Vini: Art and Tastings Open to the Public: Pasqua Vini offers the public a tasting and art journey, entitled "Sips of Art. When fine wine meets art", which will take place from 12 to 20 April. The event includes several stops from the winery to the city, offering unique tasting and creativity experiences.

Montevetrano: Thirty Successful Harvests: Montevetrano celebrates its thirtieth anniversary, an important milestone for this winemaking reality located in San Cipriano Picentino. The company continues to represent the excellence of Southern red wine, celebrating the passion and determination of its founder, Silviaprendito.

La Cantina di Pitigliano at Vinitaly: La Cantina di Pitigliano will be present at Vinitaly 2024 with its selection of wines, offering visitors the opportunity to taste the best wines of the Tuscan Maremma and the Tufo Cities. The cellar will present its latest innovations and the most renowned vintages.

Vinitaly: A Showcase for the Excellence of Sardinian Wine: Vinitaly welcomes the island of Sardinia with a large stand curated by the Sardinia Region, which will host around 80 companies from all over the island. It will be an opportunity to explore the wine excellences of Sardinia and meet local producers.

VINCONTRI: Debates on the Future of Abruzzo Wine: VINCONTRI highlights the importance of valorising native grapes and collective brands for the development of the Abruzzo wine sector. Experts discuss climate change, new consumer habits and sustainability in the wine sector.

5StarWines: Awards for Italian Wine Excellence: The winners of the 5StarWines & Wine Without Walls trophy have been announced, with Magnotta Winery Corp winning the "Winery of the Year - Grand Vinitaly" trophy. The event celebrates the excellence of Italian wine with blind tastings and the participation of renowned industry experts.

The Future of Wine: Consumption Trends and Innovation: Discussions on natural, alcohol-free and sustainable wine are intensifying, with attention paid to new consumption trends and challenges in the sector. Vinitaly will be an opportunity to delve deeper into these issues and explore future opportunities for the wine industry.

OroRe Nero: Debut at Vinitaly for the Pallagrello Nero from the Vigna della Reggia di Caserta: On Monday 15 April at Vinitaly, Tenuta Fontana will present the first wine from the Vigna della Reggia di Caserta, the OroRe Nero. The event includes a press conference and a tasting on the theme "OroRe and historic vineyards", with the participation of industry experts and the director of the Royal Palace of Caserta.

Success for BuyWine Toscana 2024: Negotiations for over 3 million euros: The 2024 edition of BuyWine Toscana ended successfully, recording more than 20,000 wine tastings and over 4,000 BtoB meetings. The negotiations started during the event exceeded 3 million euros, confirming the importance of this BtoB showcase for Made in Tuscany wine.

Bordeaux: Negotiations to Protect the Price of Wine: Producers, large retailers, unions and wine merchants in Bordeaux met to discuss the price of wine, which according to winemakers is too low. A proposal is being prepared to be presented to the government to establish a fair price that reflects the value of the wine sector.

Record Sales for Sotheby's in 2023: Sotheby's announced a new record in global sales of wine and spirits at auction in 2023, totaling $159 million. Despite a decline in prices of fine wines in the secondary market, the number of lots offered at auction increased by 17% compared to the previous year.

Risk Labels for Wine: In Belgium, a law has been passed that requires health warnings on the labels of wines, beers and spirits, highlighting the potential harm to consumers' health. Italy, however, opposes this health policy, arguing that it can produce damage and paradoxes in the wine sector.

This news offers a complete picture of the latest news in the world of wine, anticipating the trends and challenges that the sector will face in the coming months.