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Published: 05 December, 2022
Following another turbulent year for the drinks trade, Sam Thackeray, MD of Enotria & Coe, reflects on the highs and lows of 2022, plus the hopes and plans for the business in the year ahead
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Published: 02 December, 2022
The average amount consumers spend each month in restaurants, takeaways and pubs has fallen since the start of the pandemic, with restaurants the hardest hit, new research has found.
An independent survey of 2,000 UK adults, conducted by Peckwater Brands, claims rising inflation and energy costs have reduced consumer spending, leaving hospitality businesses at risk.
Restaurants have seen the highest drop-off in consumer spending since the start of 2020, down 16% from £58.90 per person per month to £49.30. Spending in pubs fell 14.6% from £47.90 to £40.90, while spending on takeaways saw the lowest reduction, falling just 10% from £47.70 to £42.30.
While the cost-of-living crisis continues to loom large, the majority (63%) of UK adults surveyed said they still consider takeaways a treat they look forward to, with 34% intending to continually get them regularly (at least once per month) with 33% budgeting for this expense.
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Published: 02 December, 2022
New moves to limit Etna DOC (PDO) wine production volumes have been designed to maintain and control average grape prices, as a way of preserving the Sicilian mountain’s wine economy, its environment and viticultural heritage, the Etna DOC wine board has said.
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Published: 01 December, 2022
Research by CGA by NielsenIQ and non-alcoholic spirits brand CROSSIP suggests that 67% of bar professionals have increased their range of no/low alcohol drinks over the past year, and 82% will do so over the next 12 months, demonstrating the growing importance of the category to consumer choice.
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Published: 01 December, 2022
ecoSPIRITS has announced a partnership with Rémy Cointreau, one of the world’s biggest producers of spirits and liqueurs, to help reduce distribution waste.
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Published: 01 December, 2022
With a focus on the low&no market Finlays, the B2B supplier of tea, coffee and botanical solutions has revealed its annual beverage trends report for 2023, highlighting the more 'mindful' approach consumers are taking to the drinks industry.
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Published: 30 November, 2022
UK beverage manufacturers are now holding more than double the amount of stock compared to pre-pandemic levels, as delays and shortages take an increasing toll on the global supply chain.
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Published: 30 November, 2022
Corney & Barrow (C&B) has announced its appointment as the exclusive UK agent for Domaine Dugat-Py – a family owned historic estate located in the heart of Gevrey-Chambertin.
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Published: 30 November, 2022
Wines from Spain has revealed dates and locations for its Annual Tastings next year. The first will be held in London on 28 February, with a northern event also taking place in Leeds, Yorkshire, on 13 March.
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Published: 29 November, 2022
According to Kantar, food price inflation jumped to a record high of 14.7% in October, and these rising costs have coincided with a surge in sales for discount retailers like Aldi and Lidl.
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Published: 28 November, 2022
Cornwalls’ St Austell Brewery has taken a minority share in Harbour Brewing Co, a multi-award-winning Cornish brewery.
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Published: 28 November, 2022
Leading Port and still wine producer Sogevinus is celebrating making its way through a "very difficult and challenging harvest", which was able to overcome significant viticultural challenges, including heat intensity and the lack of rainfall, particularly when it came to lower altitude vines.
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Published: 28 November, 2022
A new report by investment bank Noble & Co has revealed that global demand for fine and rare single malt Scotch whisky has led to an increase in volume and value at whisky auction sales.
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Published: 25 November, 2022
The global trade in wine continues to grow year-on-year, with bulk comprising an ever more important slice of that market, with the value of wines shipped in bulk rising, as more premium bulk gains share.
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Published: 25 November, 2022
November and December is the time when fortifieds come out to play. At least, they do in the press. Probably 90% of port and sherry’s column inches occur in the month before Christmas.
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Published: 25 November, 2022
Romanian winery Cramele Recas has officially launched its Recycled PET Multibarrier Bottles Project, as it tests the waters of alt formats with customers – and with the aim of eventually bringing a full-scale launch to market.
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Published: 24 November, 2022
Fine wine and spirits merchant Berry Bros. & Rudd (BBR) has announced a new collaboration with the Regenerative Viticulture Foundation, as it aims to ‘lead the industry’ on its journey towards increasingly sustainable vineyard practices.
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Published: 23 November, 2022
The growth of Rioja’s white wines is paying dividends for the region in the export market, finally making good on a promise that the DO is able to diversify its portfolio abroad. However, things are looking a little less rosy globally in 2022, with uncertainty in various key markets leading exports to take a tumble.
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Published: 23 November, 2022
Vinicola Tombacco has achieved Equalitas Certification, a wine sector sustainability standard which recognises the winery’s commitment to sustainability.
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Published: 23 November, 2022
Centre-Loire producers are touting the 2022 vintage as “maybe the best in 30 years”, according to Francois Dal of the BIVC’s (Bureau Interprofessionnel des Vins du Centre) technical arm, SICAVAC.
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