Harpers Wine & Spirit Trade News

Generation sobriety turns to fine wine for alternative investments

Published: 03 February, 2022

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

Fine wine market hits new highs

Published: 05 January, 2022

The global secondary fine wine market has hit new heights in 2021, surpassing previous records and growing in variety. Andrew Catchpole dips in.

Cult Wines launches new investment platform for wine

Published: 02 November, 2021

A new platform that allows consumers to invest in wine is being launched by Cult Wines, the global fine wine collection management and investment company.

Soho Street Cocktails signs exclusive distribution deal with Vindependents

Published: 13 October, 2021

Soho Street Cocktails, the ready-to-drink premium cocktail brand, has signed an exclusive distribution deal with Vindependents, the independent merchant buying group.

Investment shortfall highlighted as PM tells hospitality to fund its skills and pay gap

Published: 06 October, 2021

The hospitality sector is expected to invest in funding the sector’s skills and pay gap itself, Prime Minister Boris Johnson has signalled.

Fine wine becoming a ‘regular luxury’ for British consumers

Published: 08 September, 2021

A recent survey commissioned by fine wine merchant Bordeaux Index suggests that the pandemic has led to a surge of interest in fine wine buying – either for immediate consumption or longer term investment.

Encirc expands filling capability by 40%

Published: 01 September, 2021

UK glass manufacturer Encirc is set to expand its filling capacity by 40%, increasing its wine filling capacity by 75 million litres over the next year, to meet growing demand.

Distil to invest up to £5m in Ardgowan Distillery

Published: 09 August, 2021

Distil has announced that it will be investing up to £5m into the new eco-friendly Ardgowan Distillery in Inverkip, Scotland.

Investment in hospitality sector halves in Q1

Published: 29 July, 2021

Business investment in the hospitality sector halved in the first quarter of this year on an annual basis, according to the latest Office for National Statistics (ONS) data.

Ten Locks doubles team with three new recruits

Published: 26 July, 2021

Ten Locks, the premium spirits firm owned by Kingsland Drinks Group, has doubled its team with three new recruits nationwide.

Oeno opens fine wine oasis in City of London

Published: 12 July, 2021

Fine wine investment company OenoGroup is opening a “multi-functional boutique” dedicated to wine in the heart of London’s financial district.

Investment in hospitality sector slumps 14%

Published: 08 June, 2021

Business investment in the hospitality sector slumped 13.7% last year, trailing UK industry as a whole, according to the latest Office for National Statistics (ONS) data.

Italy’s big hitters up their game

Published: 21 April, 2021

David Kermode charts the rise of Italy’s collectable high end, as investment eclipses its Burgundy and Bordeaux cousins.

Fine wine: The new world of collectables

Published: 17 March, 2021

Fine wine investment enjoyed a growing reputation for resilience during the ups and downs of Covid. Chloe Ashton, COO at Wine Lister, takes a closer look at the evolution of this ever-changing market.

Kingsland announces six-figure bag-in-box investment

Published: 01 March, 2021

Kingsland Drinks is gearing up to boost its bag-in-box wine capabilities this year with a six-figure investment in additional production line machinery.

Vivino plans further UK investment following “skyrocketing” 2020 growth

Published: 04 February, 2021

Wine app Vivino has unveiled plans for investment in one of its strongest markets, the UK, after revenues there increased 114% in just one year.

One-size-fits-all approach will harm UK recovery

Published: 10 December, 2020

The UK must adopt a regionally tailored recovery strategy if it is to recover fully from the impact of the global pandemic, which has exacerbated London-centric trends.

Cramele Recaș announces €7m investment as it achieves organic status

Published: 23 October, 2020

Cramele Recaș, Romania’s largest winery, has earmarked an investment of over €7m in 2021 as it declares 2020 a “premium” vintage and achieves organic certification for two of its three wineries.

Aldi to open 100 new stores as part of £1.3bn investment

Published: 28 September, 2020

Aldi has pledged to invest a record £1.3bn over the next two years with new and upgraded stores, distribution centres and “further innovations” planned across the business.