Online retailer Naked Wines has lost nearly 40% of its market value after it admitted that lockdown-boosted sales and heightened customer acquisition is likely to see a significant drop in 2023.
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Sales of gin in the retail sector have continued to soar during the pandemic, up 30% over the past 12 months.
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Despite the twin pressures of Covid and Brexit, Spain’s wines have managed to stay in relatively good shape thanks to an uplift in off-trade sales. Andrew Catchpole reports.
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BI, the fine wine and spirits merchant, has reported something of a boom in its fine wine sales during the era of coronavirus, with sales of both US and Italian wine leading the pack.
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