Harpers Wine & Spirit Trade News

Tim Atkin MW: Rioja on the rocks?

Published: 06 October, 2023

It should have been a moment of celebration, a chance to hymn the qualities of a special place. José Luis Pérez-Linares’ documentary, Rioja: La Tierra de Mil Vinos, will be premiered at the Valladolid film festival later this month. No doubt the movie will talk about Rioja’s diversity, about the thousand wines of its title, but it will also prompt deeper questions about the way Spain’s marquee wine region is run – and its future viability.

Millennial fallout threatens premiumisation

Published: 13 December, 2022

A major shift in premiumisation trends is about to occur, new analysis from the IWSR has concluded, as millennials and those who enjoyed greater discretionary spend during the pandemic feel the strain of a new period of economic instability and stagnation.

Red flags for fine wine, says Liv-ex

Published: 08 December, 2022

Fine Wine provided stability amid an increasingly uncertain economic outlook in 2022, a new report from Liv-ex has revealed. However, as renewed investment and speculation pushed prices, analysts have been left wondering whether the ‘Covid era boom’ has run its course.

The era of economic moderation is here, as inflation finally bites

Published: 07 December, 2022

Premiumisation was an ongoing trend in wines and spirits during the first half of 2022 as consumers leaned into little luxuries, new data has revealed. However, as we teeter on the brink of global recession, it is increasingly clear that consumers are holding back on their drinks purchases – a trend that could be particularly acute in the UK, where both intensifying economic gloom and rising inflation is threatening to ‘derail premiumisation’.

Climate change a ‘strong threat’ for six out of 10 wineries

Published: 23 February, 2022

Sustainability is to form a “real pillar” of this year’s ProWein, with the challenge of matching economic sustainability with environmental goals acknowledged as a key issue for producers and trade alike.

Furlough scheme extended to March

Published: 05 November, 2020

Chancellor Rishi Sunak has announced that the government’s Job Retention Scheme, better known as the furlough scheme, will be extended until the end of March 2021, with government once again paying 80% of wages up to £2,500 to see businesses through a second wave of Covid-19 infections.

Jerry Lockspeiser: When the only certainty is uncertainty

Published: 28 May, 2020

As I sat down to write this piece my phone rang. It was Nick, a winemaker and one of my oldest friends. We have been close since the early 1990s when he gambled his career on joining my incipient wine business. Its subsequent success was in no small part down to him.