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...

Understanding consumer choices and their drivers of willingness to pay (WTP) for a bottle of wine has been a research challenge in wine economics, particularly in niche markets such as sparkling wine. This study investigates the determinants of WTP for sparkling wine based on data from...

Is the quality of a 91-point wine significantly different from that of an 89-point wine? Which wines are underpriced relative to their evaluation of quality? This paper addresses these questions by constructing a novel wine rating system based on scores assigned by a panel of wine experts to a...

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...

Purpose: The study explores the country-of-origin effect on the product evaluation of wine offerings from South Africa in European markets. We examine whether a liability of emergingness manifests and its characteristics from an African context. Design/methodology/approach: Using a qualitative...

In an increasingly competitive business world the ability of a company to build a favorable reputation is an essential factor for its success or failure, especially in digital environments. The objective of this study is to analyze what factors affect the online reputation of companies in the...

Background: Although trust is a well-studied topic in supply chain management, the case of the wine supply chain has not been adequately investigated. Methods: A hybrid approach combining qualitative and quantitative data analysis was adopted. The research was divided into two phases: (i)...

The wine sector contributes significantly to economic, environmental and social development. In Portugal, the Setúbal Peninsula is one of the fourteen wine regions. Operated by numerous local businesses in a rural area, the wine industry generates enhanced value and provides jobs in the region....

The Turkish wine industry presents an interesting case to explore firm behaviour, institutions and regional economic resilience. With political Islam gaining popularity over the past two decades, the local industry has faced many challenges at the policy level. These include an enormous tax...

This paper uses data from the 2021 Swiss edition of the Gault&Millau food guide to analyze the probability with which restaurant owners decide to share their wine list with the public. This is an important question relating to the amount of information circulating in markets characterized by...

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...

The wine industry, considered to be male-dominated, has seen a growing share of women winemakers. Using a randomized online experiment, we investigate how the producer's gender influences consumers' willingness to pay for the wine. Gender can be identified either from the first name of the...

Can we predict fine wine and alcohol prices? Yes, but it depends on the forecasting horizon. We make this point by considering the Liv-ex Fine Wine 100 and 50 Indices, the retail and wholesale alcohol prices in the United States for the period going from January 1992 to March 2022. We use rich...

This is the story of the Princeton Wine Group, a group whose membership has been relatively constant for almost 40 years. This group has enjoyed 244 blind tastings involving 1,708 different wines. A statistical analysis was performed at each tasting examining whether participants ranked the...

The growing purchasing power and unique purchase behaviours of Generation Z have captivated the attention of academics, marketers, and researchers, who are keen to understand the nuances of this cohort's consumption patterns. While current studies focus on factors influencing consumer choices,...

This study examines the transformative changes in the wine industry of Southern Europe over recent decades, focusing on one of Spain's oldest Protected Designations of Origin (PDO), Montilla-Moriles. The region faced severe challenges during the second wave of globalization at the beginning of...

Much research shows that the ratings that critics, judges, and consumers assign to wines are heteroscedastic. A rating observed is one draw from a latent distribution that is wine- and judge-specific. Estimating the shape of a rating's distribution by minimizing a sum of cross entropies has been...

This paper examines the economic impact of wine counterfeiting, with a focus on the Sassicaia scandal, publicized in 2020, regarding counterfeit 2015 vintage bottles of the iconic Super Tuscan wine. Wine fraud, documented since ancient Rome, has evolved alongside the industry, with key...

In this article, we examine how weather variables affect markets for U.S. high-end wines, both luxury wines and wines from the same region that are still high-end but not in the very limited highest category. Specifically, we compare so-called "cult wines" with "non-cult wines" from the same...

The adoption of fungus-resistant grapevines may be a key strategy for substantially reducing fungicide use in pesticide-intensive viticulture. In a representative survey conducted among 436 grapevine growers in Switzerland, we elicited growers' expected share of land devoted to fungus-resistant...

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...

Wine influencers have emerged as one of the crucial elements in shaping consumer perceptions and behaviours. However, the specific characteristics of these influencers that effectively influence consumer attitudes, purchase intentions, and actual buying decisions remain inadequately understood....

As the wine industry faces increasing challenges from grapevine diseases, Fungus-Resistant Grape Varieties (FRGVs) offer a promising solution for sustainable production. To evaluate their market potential, our study investigates how knowledge of FRGVs affects consumer hedonic quality assessments...

Non-alcoholic wines have become increasingly important in recent years in Germany. A constant stream of new market players and products is evidence of a dynamic market development and for the creation of a new branch in the highly competitive wine sector. Thus, the central aim of this article is...

Scientific literature recognizes that Lean Six Sigma (LSS), Industry 4.0 (I4.0) and Circular Economy (CE) offer significant opportunities to improve operational performance and decrease the environmental impact. Wine supply chains represent a strategic asset for the world economy and an ideal...