Published: 28 January, 2025
Few followers of Harpers newsfeed could have missed the massive drive by Hallgarten & Novum Wines to bring aboard new agencies and staff in the wake of its acquisition by Coterie Holdings in December 2023. In the past 12 months alone, some 30 producers, along with 300 wines, have been added to the portfolio, backed by 30 new faces that have joined the team. And the upshot is a strengthened import and distribution business that is a serious force to be reckoned with, anchored by the investment and stability that Coterie has been able to provide.
Read more...
|
Published: 27 January, 2025
The export curve of Austrian wine suffered a blip in 2024. After particularly strong growth in 2023, total export value for the first three quarters of 2024 sank 5.1%, while the export volume remained almost steady.
Read more...
Published: 22 January, 2025
New figures from CGA RSM Hospitality Business Tracker shows year-on-year growth of 3.2% for December 2024, reflecting a month of boosted sales for hospitality.
Read more...
Published: 18 December, 2024
Britain’s leading hospitality groups recorded year-on-year sales growth of 2.7% in November 2024, marking the first ‘real-terms growth’ since June this year.
Read more...
Published: 04 December, 2024
A new report by Wine Cap suggests that investors are prioritising Super Tuscans over Chambertin, with modest declines in price compared to the most prestigious blue chip Burgundies.
Read more...
Published: 20 November, 2024
The UK’s leading hospitality groups achieved overall year-on-year sales growth of just 0.6% in October 2024, despite an increase in new openings recorded last month.
Read more...
Published: 23 October, 2024
Britain’s leading hospitality groups recorded modest year-on-year sales growth in September, continuing a trend of like-for-like growth that has been in situ since the beginning of the year.
Read more...
Published: 02 January, 2024
In a New Year message, UKHospitality (UKH) has outlined its priorities for the year ahead, with “respite from endless price rises” among those at the top of the pile.
Read more...
Published: 27 September, 2023
Many years ago I was asked to act as a strategic consultant to a Chilean wine business. They wanted help with reformulating their strategy, first to achieve break even, then to reach sustainable profitability. The business was 100% targeted at export markets, with the UK a key priority.
Read more...
Published: 01 February, 2023
According to research across 36 countries by IPSOS, a majority of people think the global economy will get worse in 2023. A whopping 79% think prices will rise faster than incomes, 57% believe it will be the hottest year on record in their country, and an alarming 48% think nuclear weapons will be used in a conflict somewhere in the world.
Read more...
Published: 25 January, 2023
Jascots Wine Merchants has recorded strong results for 2022, laying growth at the door of new business and an ongoing focus on range premiumisation.
Read more...
Published: 16 December, 2022
Low & no drinks are set to accelerate over the coming years, the IWSR has revealed, with analysts predicting that consumption will increase by a third by 2026, exceeding earlier growth rates.
Read more...
Published: 24 October, 2022
"How is the electorate feeling? Anxious, in a word. Our August optimism score was the lowest we’ve ever recorded.
Read more...
Published: 19 October, 2022
A new report issued by Rabobank, the multinational banking and financial services company, has examined the potential for a looming US recession to shrink the hitherto booming market for luxury brands.
Read more...
Tequila is stealing a march on other spirits categories, with an impressive 94% growth spurt in two years underpinning the rise of the Mexican spirit in the UK.
Read more...
Out-of-home food and drink sales are in growth in all of Britain’s 10 biggest city centres, with higher spend-per-visit driving growth rather than footfall.
Read more...
The latest financial results from English wine producer Gusbourne have reinforced the strong position of the category within the UK market.
Read more...
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.
Read more...
Published: 29 April, 2022
Inflation and price squeezes have impacted sales of FMCG products in the multiples over the past 12 weeks, including alcohol. However, in actual terms, alcohol is still a more profitable sector than pre-pandemic.
Read more...
Published: 22 April, 2022
Hospitality’s recovery from Covid remains “fragile”, new data has shown, as solid growth for Britain’s managed restaurant, pub and bar groups in March was dampened by high inflation.
Read more...
