Hospitality sales flat in January as consumer spending squeezed
Britain’s leading hospitality groups generated like-for-like sales growth of just 0.1% in January according to CGA.
Read more...Britain’s leading hospitality groups generated like-for-like sales growth of just 0.1% in January according to CGA.
Read more...Hospitality businesses are facing a case of ‘out the frying pan, into the fire’ this autumn as the UK teeters on the verge of a recession and a crippling cost of living crisis, leading members of the trade have said.
Read more...Britain’s economy shrank by 20.4% in the three months to June 2020, marking the deepest contraction currently of any major economy, with the Accommodation & Food sectors among the hardest hit, slumping by 86.7%.
Read more...As the trade measures up to extraordinary times and swings into the height of summer, leading businesses and operators take stock of trading conditions in the new normal.
Read more...Like a staunch liberal and a UKIP voter forced by coronavirus to cohabit under one roof, Champagne has enjoyed a troubled – and complex - relationship with the UK of late. Both Nielsen and CGA Strategy have tracked falling demand for Champagne over the past few years in the UK; in the 12 months to December 2019, the total volume and value of Champagne sales fell by 5.8% and 4.9% respectively in the on-trade. Meanwhile, Nielsen figures indicate that Champagne sales in the Christmas period 2019 fell well short of expectations. It's hard to rally against statistical evidence - the figures do not lie.
Read more...In its latest series of market insights, Wine Intelligence has highlighted five focus areas for wine marketeers to consider as companies battle through the extreme challenges thrown up by the Covid-19 pandemic and the developing recession.
Read more...Paused by the recession, the UK market for organic wine is back on track, boosted by millennials and their quest for healthier living, alongside consumers in general paying increasing attention to the origins of both food and drink.
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