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2022 harvest to alleviate “rock-bottom” stocks in New Zealand

Published:  16 June, 2022

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.

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Treasury bags new format extension as conversation around alt packaging grows

Published:  13 June, 2022

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.

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DTC sales give Gusbourne post-pandemic boost

Published:  08 June, 2022

The latest financial results from English wine producer Gusbourne have reinforced the strong position of the category within the UK market.

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Global alcohol market forecast to exceed 2019 volumes within two years

Published:  08 June, 2022

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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Global wine exports reach record high

Published:  03 May, 2022

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.

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Delivery slips as consumers return to eating out

Published:  26 April, 2022

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.

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Liv-ex predicts ‘off’ vintage for Bordeaux 2021

Published:  21 April, 2022

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”.

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Champagne has cause to celebrate

Published:  21 April, 2022

With sales exceeding all expectations, the drink for good times is back on top form, finds James Bayley.

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Displaced Chinese exports look for new home at ATT

Published:  11 April, 2022

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.

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Depleted yields create ‘tension’ following a stellar year for Burgundy exports

Published:  28 March, 2022

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.

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Premium sales dominate at Concha y Toro for the first time

Published:  17 March, 2022

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.

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January online retail growth lowest ever as BWS sales fall

Published:  15 February, 2022

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%.

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UK gin exports stymied by Brexit and Covid-19

Published:  15 February, 2022

Exports of British gin have fallen for the second year running, according to the latest HMRC figures released yesterday.

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Nyetimber announces record year as estate leads the way for English sparkling

Published:  14 February, 2022

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%.

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Pernod Ricard celebrates record breaking sales in first half of fiscal year

Published:  10 February, 2022

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%.

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Atkin unveils latest Rioja Report

Published:  10 February, 2022

Harpers columnist Tim Atkin MW has launched the 2022 edition of his Rioja Report – the seventh in-depth study, published via Atkin's website.

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Dramatic rise in Franciacorta sales

Published:  09 February, 2022

Italy's premier traditional method fizz saw encouraging sales growth in 2021, jumping beyond pre-pandemic levels to a record 20.3 million bottles.

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Cotswolds Distillery announces plans for 'major expansion'

Published:  01 February, 2022

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.

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Multiplying out

Published:  26 January, 2022

In the first of a regular look at the multiples, Andrew Catchpole sizes up the general health of the sector.

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South Africa anticipates reduced grape harvest in 2022

Published:  24 January, 2022

As vintage 2022 approches, South Africa's winegrowers are expecting a relatively small crop overall, when compared to last year.

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