Exclusive: BWS falls into sustainability perception gap

In many ways, alcohol seems to be ahead of the curve when it comes to sustainability agendas. Wine producers around the world work on nature’s front line and are among the few sectors to have successfully high recycling rates globally via glass. Spirits have been at the forefront of experiments with alternative formats and zero waste projects.

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Drop Dulwich

Pernod Ricard’s ‘Responsib'All Day’ returns for tenth addition

Pernod Ricard has partnered with local communities in London and Scotland for the tenth edition of its Responsib’All Day – an initiative set up with the aim of helping to protect and restore biodiversity around the UK.

Global alcohol market forecast to exceed 2019 volumes within two years

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.

Global wine exports reach record high

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.

Courvoisier unveils bottle redesign

Cognac house Courvoisier has embraced a striking new look for its range of spirits – a sleek, paired-back bottle design that “rediscovers distinctive codes from centuries past that made Courvoisier iconic during the Belle Époque era”.

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

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%.

Generation sobriety turns to fine wine for alternative investments

Gen Z investors are turning to fine wine to boost their finances in the wake of the pandemic.

Christie’s appoints new global head of wine and spirits in Hong Kong

Leading auction house Christie’s has welcomed Adam Bilbey into its ranks, appointed as the new head of the wine and spirits department in Hong Kong.

Online uplift to grow

Ecommerce is to remain a key driver of value growth in global alcoholic drinks markets, with wine to the fore. Andrew Catchpole reports.

Wine vision

James Lawrence reports on the main findings from the ninth annual Sopexa Wine Trade Monitor survey.

Diageo urges drinkers to ‘Know When to Stop’ at Christmas

Smirnoff and Johnnie Walker maker Diageo has launched a new global responsible drinking campaign aimed at urging people to know when to say enough’s enough this Christmas.

Viña Concha y Toro sees profit increase despite global logistics crisis

Chilean producer Viña Concha y Toro's profits increased by 15% in the third quarter boosted by a better product mix, increases in its domestic market and real estate income which partially offset the global logistics crisis that affected shipments.

Liv-ex’s benchmark index sets a new record for fine wine

Fine wine prices on Liv-ex 100, the fine wine trading platform’s top index, have enjoyed their most prolonged period of growth since records began – a phenomenon which has signalled “high investor confidence and a healthy market”.

Rebranding the Languedoc

Premium wines emerging from the Languedoc are shifting perceptions on a global scale, as James Lawrence reports.

UK brands soar in value but still trail global giants

The UK’s leading brands are showing positive signs of recovery in the wake of the Covid-19 pandemic, leaping in value by 22% to reach a new record high of $278.8 (£207 billion), according to Kantar’s BrandZTM Most Valuable UK Brands 2021 ranking. However, growth rates show they are lagging behind the biggest global brands.

Gusbourne Appoints global sales director

Gusbourne has appointed Simon Bradbury as director of its global sales, responsible for growing the reach of the Kent-based winery at home and abroad.

Treasury commits to 100% renewables by 2024

Treasury Wine Estates’ (TWE) brands are joining the RE100 global renewable power initiative, a move which will see the company switch to 100% renewable electricity by 2024 across its global operations.

South Korea gains ground on the US as premier global wine market

South Korea is becoming an increasingly important destination for wine exporters, according to a recent study commissioned by Wine Intelligence.

Long Read: Accolade shakes up its global fine wine strategy