Analysis from UKHospitality’s (UKH) new Social Productivity Index highlights that the most economically productive sectors deliver the least social value. By contrast, sectors such as hospitality, are most effective at delivering growth more evenly across the country, ensuring social and geographic accessibility.
Read more...
An emerging global data picture courtesy of the IWSR shows that wine sales are diverging from that of spirits, beer and ready-to-drink (RTD) beverages, as alcohol spend around the world continues to lag behind disposable income.
Read more...
As the usual business headwinds seemingly turn to a howling gale, we once again
ask the independent merchants’ sector for their take on what the year ahead holds.
Data from Live-Ex, the fine wine trading platform, shows that over the past two years, the Burgundy 150, (which collates the performance of the top 150 Burgundian wines on the platform), was down 30.2%. This is the largest drop of any sub-index within the Live-Ex's Fine Wine 1000.
Read more...
Spanish wine producers increased their overall value of exports by €41 million in 2024, though the total volume of exported wines fell by 1,010,000hls. The UK remains the largest export market for Spanish wine.
Read more...
New data from the Office for National Statistics (ONS) can reveal hospitality had another strong month in December 2024, with output for the food and drink sector growing 2%. This made it the largest contributor to growth for the wider consumer-facing services industry.
Read more...
Encouraging new data has shown that menus are re-expanding again following a period of contraction and rationalisation during the worst months of Covid.
Read more...
With his relaxed style and ample enthusiasm, Jay Wright certainly doesn’t fit the old stereotype of a wine trade CEO. As the boss of one of the more successful online retailers, though, he is clear about the vision and values that underpin the popularity of Virgin Wines. And much of that comes down to what he believes the company – and, by extension, the wider drinks trade – actually sells.
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...
At any one time, there are an average of seven trillion pieces of packaging in the world. The opportunities offered by technology to engage with consumers via the bottle are only just getting started, says Jo Gilbert.
Read more...
New data released by CGA Strategy offers a glimpse of a beleaguered industry in resurgence, with total sales rising in Britain's managed pubs, restaurants and bars.
Read more...
The hospitality sector is “an industry in peril” that is fighting for its life, the latest edition of the UKHospitality (UKH) and CGA Quarterly Tracker has said.
Read more...
Sealing wine with natural cork rather than screwcap can drive higher returns, according to data from Nieslen in a report commissioned by The Portuguese Cork Association.
Read more...
The traditional wine club has gone online and re-emerged as a strong subscription proposition for businesses of all shapes and sizes, as Jo Gilbert reports from Harpers’ SITT panel discussion.
Read more...
The NFU's Fruit Focus, the leading UK fruit grower event, is teed up to offer several sessions relevant to English and Welsh grape growers during its day-long event on 21 July.
Read more...
Newly released data has revealed a slowdown in outlet closures for some of the sector’s biggest companies, with the numbers levelling off versus the “steep declines” of 2018 and 2019.
Read more...
The phrase ‘content is king’ gained new meaning at this year’s LWF where two sessions focused on how runaway digital adoption rates among consumers are leading to seismic shifts around how the industry markets and sells wine. Jo Gilbert reports.
Read more...
Fresh insights from Euromonitor’s annual data release shows that 2020 was a year of “unprecedented collapse” for BWS globally without the counterbalancing regional effect that buoyed markets during the 2008/9 financial crash. Jo Gilbert looks at the year’s volume figures to break down how global sectors were impacted.
Read more...
Nearly of half (44%) of adults in England have visited pubs, bars and restaurants since they re-opened for outdoor service on the 12 April, beating last year’s rate of return to hospitality following the easing of restrictions after the first lockdown.
Read more...
Pubs, bars and restaurants able to operate outdoor space have seen a significant wave of customers returning, according to new data from CGA.
Read more...
