According to industry body Wines of South Africa (WoSA), South African wine exports this year have demonstrated resilience against a challenging global market.
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Pernod Ricard, the wine and spirits giant, has experienced declines across most of its major markets in the first quarter. Overall, Q1 organic net sales were down -7.6%, while reported sales fell -14.3%.
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US spirits exports to the UK fell 29% in the second quarter of 2025, dropping to $26.9m, according to the American Distilled Spirits Exports 2025 Mid-Year Report (ADSE).
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Following a decline in global beverage alcohol sales in 2023 and tough trading conditions so far in 2024, IWSR has predicted a gradual recovery from 2025.
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Pernod Ricard has announced what it is calling a robust performance in the first half of the 2024 financial year despite declines in its organic sales – a performance which the company is putting down to the normalisation of the spirits market following two years of outstanding growth.
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The Wine Society CEO Steve Finlan calls out the government’s lack of engagement with the hard-pressed UK drinks trade.
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A new study undertaken by analyst firm IRI paints a troubling picture for the European beverage industry, albeit there are some encouraging signs that certain categories are 'recessionary resilient'.
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With little to celebrate, it’s unlikely consumers will be reaching for the Champagne any time soon, but the category has weathered storms before, says Chris Losh.
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Ines Salpico reports on a strategic rethink as sales of Italy’s favourite white experiences a dramatic fall.
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Sales growth at global drinks giant Pernod Ricard has slowed, with first-quarter turnover of €2.483bn revealing underlying growth of just 1.3%, in line with expectations.
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The UK remains the world’s second biggest importer of still and sparkling wine, analysts have confirmed - despite the era of high volume wine sales being “over for good”.
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The modern world changes fast. In the past decade, we have gone from a situation of blithely choking on carbon monoxide from second-hand smoke every time we enter a pub or restaurant to a virtual ghettoisation of cigarettes. Before the ban most people would have thought this inconceivable. But it happened.
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Total turnover for Champagne reached a new high of €4.9 billion in 2018, up 0.3% on 2017, although volumes fell by 0.8% to 301.9 million bottles.
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The latest Health Survey for England has revealed a decline in UK adults drinking harmful levels of alcohol.
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Exports to the UK of Prosecco have fallen for the first time in 10 years, Coldiretti has revealed.
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The much-touted “less but better” trend towards higher-value, lower-volume drinking is slowing in pubs and bars as punters feel the pinch, as Andrew Catchpole reports
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