The restaurant industry, especially fine dining, is characterized by intense competition and an increasing number of closures. Wine is a profit lever, but the exploitation of sales potential can present a challenge. As consumers encounter more extensive wine lists, they often find themselves...

Innovation is essential for addressing the current challenges of the wine sector and ensuring its sustainable future. Law plays a pivotal role in fostering and disseminating innovation. At the same time, innovations can present legislators with significant challenges and cause legal disruption....

The global wine trade experienced a decline in volume and value in 2023 due to reduced real incomes, post-pandemic overstocking, and shifting consumer preferences. Non-sparkling red wines were more affected than sparkling wines, white wines and wines in bag-in-box formats, with notable declines...

This article documents the sudden creation of a significant entrepôt for French wine, particularly Bordeaux claret, in Boulogne-Sur-Mer starting in 1720. Scottish Jacobites who practiced a rebellious version of "fair trade" dominated this commerce, and their network had direct links to...

The study examines the influence of markups on the export decisions and subsequent export intensity of firms within the Hungarian wine sector. Additionally, we evaluate the impact of entering and sustaining a presence in export markets on firms' markups and compare the markup levels between...

This paper studies the effects of the U.S. railroad expansion during the 19th century on exports of wine at the customs district level. I digitize previously unexploited data on wine trade flows for customs districts from 1870 to 1900 and combine these data with GIS-based measures of access to...

This study examines the wine revenues of the Rákóczi family and the exchange rates of wines stored in their cellars destined for foreign markets, based on surviving sources from the period between 1660 and 1709. The Rákóczi family, of Transylvanian princely descent, was among the largest...

Consumers often struggle to make their choice in the highly diversified wine market. With wine being an experience good, consumers must rely on extrinsic characteristics, e.g., information on the label. Thus, easily available quality signals like consumer ratings have become an increasingly...

Viticulture in Romania is a traditional activity, harmoniously developed as a result of the extremely favourable natural conditions that grapevine encounters throughout the country. Viticulture has always taken an important spot in the agricultural economy on a national level as well as...