New Zealand’s latest harvest will help to re-build stocks following a small and disappointing crop in 2021, which has led to a “significant shortage” of wine, New Zealand Winegrowers has said.
Read more...
Treasury Wine Estates (TWE) has added a new bag-in-box (BiB) release to its high performing 19 Crimes portfolio, with the launch of its Revolutionary Rosé now available.
Read more...
The latest financial results from English wine producer Gusbourne have reinforced the strong position of the category within the UK market.
Read more...
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.
Read more...
This year 2021 saw a partial recovery of global consumption after the doldrums of 2020, the OIV said in its latest update. However, 2022’s outlook is looking increasingly uncertain due to the turbulence posed by the global supply chain crisis, the war in Ukraine and mounting energy prices.
Read more...
Britain’s managed restaurant and pub groups’ delivery and takeaway sales remain more than double pre-Covid-19 levels – but trading has dipped year-on-year as consumers resume their out-of-home eating habits.
Read more...
A wet and cool 2021 is likely to result in “heterogenous vintage” for Bordeaux, with large gaps in quality between appellations and estates predicted to result in significant numbers of “indifferent wines”.
Read more...
With sales exceeding all expectations, the drink for good times is back on top form, finds James Bayley.
Read more...
A slew of Australian producers which have been forced to reorient themselves following China’s government-imposed trade tariffs were on show at Australia Trade Tasting (ATT) on Thursday, where a renewed ‘buyer-only’ mentality aimed to find new homes for wineries left with major holes in distribution.
Read more...
Burgundy is struggling to keep up with rising demand, as a record revenue-producing year in 2021 now puts pressure on winemakers to make the most of depleted stocks.
Read more...
Viña Concha y Toro (CyT) has reached a ‘milestone’ in its sales career, with more than half of the company’s wine revenues stemming from higher-value products.
Read more...
January saw the lowest rate of online retail growth ever at a slump of -24.4%, according to the IMRG Capgemini Online Retail Index, which tracks the online sales performance for over 200 retailers. At category level, beer, wine and spirits fell even further, reaching an average of -26.6%.
Read more...
Exports of British gin have fallen for the second year running, according to the latest HMRC figures released yesterday.
Read more...
The UK’s leading English sparkling wine brand, Nyetimber, enjoyed a record year in 2021 in both sales and production. Following its largest ever harvest, Nyetimber’s UK sales increased by 55% on the previous year. Situated in the south of England, the 30-year-old winemakers saw sales in Europe grow by a whopping 89%.
Read more...
Multinational Pernod Ricard has posted record turnover from sales during the first half of the fiscal year (beginning July 2021), earning global revenues of €5,959m, with an organic growth of +17%.
Read more...
Harpers columnist Tim Atkin MW has launched the 2022 edition of his Rioja Report – the seventh in-depth study, published via Atkin's website.
Read more...
Italy's premier traditional method fizz saw encouraging sales growth in 2021, jumping beyond pre-pandemic levels to a record 20.3 million bottles.
Read more...
Leading craft spirit producer Cotswolds Distillery has unveiled plans to construct a new dedicated distillery for its whisky, allowing the firm to dramatically increase production.
Read more...
In the first of a regular look at the multiples, Andrew Catchpole sizes up the general health of the sector.
As vintage 2022 approches, South Africa's winegrowers are expecting a relatively small crop overall, when compared to last year.
Read more...
