LWF: Consumers value experiences over value for money, says CGA
There has been a major shift in the way consumers decide which venues to visit, with the promise of entertainment and engagement now taking precedent over value for money.
Read more...There has been a major shift in the way consumers decide which venues to visit, with the promise of entertainment and engagement now taking precedent over value for money.
Read more...US wine exports to the UK have seen a slip in value but a rise in volume, thanks largely to a growth in buyer interest in a previously difficult-to-source section of the market.
Read more...After a few difficult vintages in western wine countries, central and eastern Europe are piquing buyers’ interest for well-made international varieties. Countries in these regions are increasingly seen as exciting for wine drinkers, offering an array of high-quality, authentic, local grapes and good-value wines that can offer a new story for retailers and sommeliers.
Read more...Total turnover for Champagne reached a new high of €4.9 billion in 2018, up 0.3% on 2017, although volumes fell by 0.8% to 301.9 million bottles.
Read more...The You and Yours programme on BBC Radio 4 recently ran a piece in which a £7.50 Chinese wine in Sainsbury’s was described by the interviewer as “cheap and cheerful”. A flurry of listeners comments followed, aghast that £7.50 should be thought cheap. Many were paying £4-5, unable to afford more, and generally happy with what they were buying. One listener said his wine buff family members couldn’t tell the difference between his £4-5 wines and more expensive ones anyway.
Read more...Wine priced between $10 and $20 will be the biggest driver of value growth for still and sparkling wine over the next couple of years.
Read more...Quality Riesling appears to be on a roll, with the average price paid for exported German wine breaking records in 2018, while UK consumer thirst drove the biggest value increase of any export territory, according to German Wine Institute (DWI) figures.
Read more...There has been a shift at the top of the UK’s hotly contested wine rankings, with the combined sales of South American heavyweights Chile and Argentina overtaking Italy, the UK’s second most quaffed region, in terms of value.
Read more...Education and tourism were the key factors behind Portugal’s double-digit value growth in the UK last year, according to Sonia Vieira, marketing director of ViniPortugal.
Read more...Temperatures were unseasonably mild over Christmas, and from the latest results, it looks like things were unexpectedly cosy for UK retail.
Read more...For the last few years one of my nieces has been developing her clothes retail business. She now has four outlets, three in London and one in Barcelona. She sells vintage clothes, along with a smattering of modern stuff and some accessories.
Read more...Not long before Black Friday Cristiano Ronaldo was reported to have spent £27,000 on two bottles of wine at a restaurant in London’s upmarket Mayfair district – a bottle of Richebourg Grand Cru Burgundy and Chateau Petrus from Bordeaux. Apparently, Cristiano and his friends were there for little more than 15 minutes.
Read more...Lidl has introduced its Autumn Wine Tour selection, with the focus firmly on France. The ‘Wine Tour’ comprises 25 wines, all French, which will be available for two months in all of Lidl’s 710 stores, from September 28. In addition to their core range of 100 wines, the group bring in six ‘wine tours’ per year, each comprising 25 wines.
Read more...Cognac exports have achieved their fourth consecutive year of growth, driven by continued thirst for the historic French brandy in the US.
Read more...A relatively sunny outlook is being forecast for the global alcohol industry over the next five years, with the wine set to see the largest portion of growth.
Read more...A “lack of wines priced attractively” has been blamed for a less than successful 2017 Bordeaux campaign.
Read more...The average price of Californian wine imported to the European Union surged by nearly a fifth in the year of the Brexit vote, analysis by Harpers reveals.
Read more...The quality of private label wines are on the up – and Europe is leading the pack.
Read more...In an exclusive Harpers preview, Liberty Wines has shared its upcoming Premium On-trade Wine Report, identifying where growth opportunities still lie. Andrew Catchpole picks out the highlights
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