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.
Read more...
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.
Read more...
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’.
Read more...
With export markets yo-yoing in the wake of China’s trade tariffs, Australia is once again reassessing its place in the wine world. Andrew Catchpole reports.
Read more...
The demand for no/low alcohol brands surged across key global markets in 2021, with consumer interest no longer confined to seasonal trends like Dry January.
Read more...
The total value of the e-commerce sector in headline markets is expected to grow at an unprecedented rate between 2022-2025, according to the IWSR.
Read more...
The market for ready-to-drink (RTD) alcohol products continues to show traction and demand from consumers, according to a new study from IWSR Drinks Market Analysis.
Read more...
Concha y Toro's Trivento is celebrating becoming the leading Argentine wine brand in the world, with sales of over US$256.2m a year according to a new report from the IWSR.
Read more...
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.
Read more...
With good recent vintages to its name and wines that sit squarely with the modern trend towards fresher, lighter styles, Beaujolais certainly appears to be well placed to capture the attention of a new generation of drinkers. Add in ‘ownership’ of Gamay, a distinctive and easy-to-like variety, and the region also offers a sense of discovery (or re-discovery for older drinkers) in a world awash with international grapes.
Read more...
Javier R de Galarreta, founder and CEO of ARAEX Grands Spanish Fine Wines, explains why Rioja remains the headline hero with the backdrop of Araex’s growing portfolio of estates straddling Spain’s premium winemaking regions
Read more...
A South Australian program has been launched to help open up access to markets in Japan, Malaysia, South Korea and India in the wake of continued uncertainty around shipments to China.
Read more...
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.
Read more...
Exports of English wine more than doubled in 2019 while sales overall rocketed 70%, according to the latest data from Wine GB released today.
Read more...
Austria’s wine industry posted record export growth figures in 2019 by both value and volume.
Read more...
Hardys has unveiled a new look for its global branding while also offering customers a 100% money back guarantee with the aim of becoming “a top 10 global power brand by 2025”.
Read more...
Provence wine marketing council CIVP has approved a multi-million action plan involving over 15 markets.
Read more...
The UK has been identified as one of the top countries in the world for sales of alcohol online, with a surprising outcome for the first and second spot.
Read more...
The UK is at the forefront of selling wine online thanks to well-established specialist wine retailers such as Majestic and The Wine Society, new research has revealed.
Read more...
The Rioja Control Board is continuing to invest heavily in its marketing activity in 12 key countries, including the UK.
Read more...
