Liberty Wines always comes out batting strong at its busy annual portfolio tasting at The Oval, and this year was no exception, with some 25 countries represented, along with fortified, spirits, alcohol free and olive oils.
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When it comes to this point of the year, customers start turning their thoughts towards Christmas. I know we say this every year, but Christmas 2023 really is going to be one of the most important festive seasons of the last ten years. While a great season won’t solve the various problems put upon the industry by government (duty hikes, rail strikes, and soaring energy costs, to name but a few) it’ll certainly go some way to protecting against the inevitable quiet months in early 2024.
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Many years ago I was asked to act as a strategic consultant to a Chilean wine business. They wanted help with reformulating their strategy, first to achieve break even, then to reach sustainable profitability. The business was 100% targeted at export markets, with the UK a key priority.
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The value of New Zealand wine in international markets has reached a record-breaking high, New Zealand Winegrowers (NZW) has revealed, with exports for the past 12 months reaching NZ$2.03 billion.
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Tequila is stealing a march on other spirits categories, with an impressive 94% growth spurt in two years underpinning the rise of the Mexican spirit in the UK.
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A new report issued by the IWSR is full of encouraging news for the international beverage industry. According to the organisation's Drinks Market Analysis, the value of global alcohol sales grew 12% last year to reach US$1.17 trillion, while volume rose by a more modest 3% in 2021.
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Wine oversight body Vinpro has urged South Africa’s winegrowers to use the pandemic crisis as an opportunity “to revive, recover and rebuild,” adapting current business models to better cope with a rapidly changing world.
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In a massive boon for South Africa's quality-led growers, total exports of South African wine to the UK rose 20% by value and 12% in volume in 2021 according to the latest figures released by industry body SAWIS.
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Ecommerce is to remain a key driver of value growth in global alcoholic drinks markets, with wine to the fore. Andrew Catchpole reports.
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In case anyone missed it, Jeremy Clarkson has recently launched his own beer brand, Hawkstone. The lager is made with barley grown on his Cotswolds farm. Exposed to the workings of the supply chain, Clarkson was reportedly aghast at the difference between the £205 per tonne he received for his barley and the £580 paid by the brewers to the middleman.
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The total value of the e-commerce sector in headline markets is expected to grow at an unprecedented rate between 2022-2025, according to the IWSR.
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Matt Hodgson, founder of English wine specialist Grape Britannia, says the time has arrived to look beyond fizz to the UK’s homegrown still gems.
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Sealing wine with natural cork rather than screwcap can drive higher returns, according to data from Nieslen in a report commissioned by The Portuguese Cork Association.
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The UK’s leading brands are showing positive signs of recovery in the wake of the Covid-19 pandemic, leaping in value by 22% to reach a new record high of $278.8 (£207 billion), according to Kantar’s BrandZTM Most Valuable UK Brands 2021 ranking. However, growth rates show they are lagging behind the biggest global brands.
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As the biggest consumers of wine per capita globally, it might be expected that domestic sales of Portuguese wines would have fared well over the course of the pandemic, where drinkers globally were largely turned onto local vinous offerings.
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The UK pub and bar market is set to recover to 64% of its pre-pandemic value in 2021 to £14.8bn, Lumina Intelligence has revealed, with full recovery to follow by 2024, possibly exceeding 2019.
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Portugal is to take the Spotlight On spot at SITT this autumn, with a dedicated zone featuring 20 leading producers and importers.
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Leading New Zealand winery Villa Maria has signed a conditional agreement for the sale of its estate, three months after it officially went into receivership when it was revealed that it owed bankers NZD $212 million.
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Australian wine exports to the UK reached their highest level in a decade during the 2020–21 financial year, according to the latest Wine Australia Export Report released today.
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The total eating and drinking out market is expected to see 44.7% YOY growth in 2022, the equivalent value of almost £92bn and surpassing its 2019 value growth as pent up demand is set to give the sector a boost in its recovery from the pandemic.
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