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Robust retail demand reverses fortunes at Diageo

Published:  29 September, 2020

Drinks giant Diageo has revealed that its outlook for the first half of the fiscal year 2021 has “improved since the year-end”, reversing a moribund earlier forecast for a year that has been rocked by Covid-19.

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English wine exports double

Published:  08 September, 2020

Exports of English wine more than doubled in 2019 while sales overall rocketed 70%, according to the latest data from Wine GB released today.

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2020 NZ harvest "exceptional"

Published:  03 September, 2020

Despite the ongoing Covid-19 crisis, New Zealand’s 2020 vintage is “exceptional” in terms of both quality and quantity, according to the 2020 New Zealand Winegrowers Annual Report.

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Sales at Pernod Ricard slump post-Covid

Published:  02 September, 2020

Organic sales at Pernod Ricard fell 9.5% as a result of the Covid-19 crisis, the company has reported, with revenues for the year to 30 June reaching €8.5bn.

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Aviation Gin takes off with Diageo in $610m deal

Published:  18 August, 2020

Hollywood actor Ryan Reynolds’ Aviation Gin brand has landed a mega-deal with drinks giant Diageo, which has been acquired via parent company Davos Brands.

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Relief as gin spared from US tariff hikes, but battle for Scotch continues

Published:  13 August, 2020

The US has backed down on its threat to expand a 16-year old trade fight with the European Union to impose tariffs on gin – a move which would have been “hugely detrimental” for the British alcohol industry.

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Global online buying frenzy levelling out

Published:  11 August, 2020

The extraordinary upward curve in online wine and spirit sales appears to be flattening, suggests the latest data from Wine-Searcher.

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Mud House pushes outdoors lifestyles in new global campaign

Published:  11 August, 2020

Leading NZ wine brand Mud House has launched a new global campaign titled ‘Taste the Adventure’.

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Premium spirits to defy Covid pressures

Published:  05 August, 2020

Premium-and-above spirits are forecasted to increase their global volume market share to 13% by 2024 as consumers continue to search for “authenticity and status”, according to the IWSR.

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Pernod Ricard issues more upbeat guidance for 2020

Published:  23 July, 2020

Pernod Ricard is predicting a softer impact on its business as a result of the ongoing Covid-19 crisis, according to its latest guidance for its 2020 results.

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Italy rising in half-year Liv-ex trades

Published:  23 July, 2020

The growing importance of Italian wines on global trading markets is reflected in the half-year data released by Liv-ex, the online fine-wine trading platform.

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SWA calls on whisky fans to urge government to ‘call time on tariffs’

Published:  20 July, 2020

The Scotch Whisky Association (SWA) has launched a campaign urging whisky lovers to write to their MPs underlining the damage that US tariffs are causing to the Scotch whisky industry and asking them to “urge the government to call time on tariffs”. 

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NVV raises £5,000 for The Drinks Trust

Published:  16 July, 2020

Napa Valley Vintners (NVV) has so far raised £5,000 via its fundraising initiative in support of The Drinks Trust.

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Loire Valley sparklers herald UK uplift

Published:  02 July, 2020

Loire Valley fizz has enjoyed a surge in exports to the UK, with Crémant de Loire having jumped just shy of 50%.

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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.

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Alcohol to not rebound globally until 2024

Published:  26 May, 2020

It will take five years for the global alcohol category to get back to pre-Covid health, the IWSR has predicted, with double digit declines expected to the hit the category this year.

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Demand for US and Italian wines leads fine wine investment spike

Published:  26 May, 2020

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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Alcohol weathers Covid-19 peaks and troughs to become second highest food and drink growth category

Published:  20 May, 2020

Alcohol has weathered the storm of the coronavirus, new figures show, beating packaged foods and other beverages to see a 25% uplift in value sales since the beginning of lockdown.

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Porto Protocol’s online climate debate puts bottle weight in the crosshairs

Published:  11 May, 2020

Does glass have a place in the world of tomorrow as the main container of wine – and do consumers even want a glass bottle anyway?

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Wine sales in US maintain pre-pandemic levels

Published:  06 May, 2020

Wine sales in the US have nearly returned to pre-pandemic levels after an early spike in online sales, according to a new US Covid-19 Impact Report from Wine Intelligence.

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