Price rises ‘essential’ if South Africa industry to survive, warns leading producer
A leading figure in South African wine has issued a stark warning about the industry's future.
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A leading figure in South African wine has issued a stark warning about the industry's future.
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Chilean producer Concha y Toro (CyT) has put in place a new premium-focused strategy designed to double the company’s operating margins by 2020, coupled with the aim of boosting sales of its brands at £10 and above.
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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.
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The temperature is rising in Beaujolais, leaving producers to worry their products will be edged out of consumers’ repertoires by rival crops.
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James Lawrence talks Brexit, MUP, millennials and alternative formats with indie Dean Harper of HarperWells
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Be prepared to pay more or risk losing top Stellenbosch Cabernets to the Asian market was one of the messages to UK and US buyers at the launch of the Stellenbosch Cabernet Collective at Cape Wine 2018.
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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.
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Sourcing more cannily, focusing on quality and seeking out alternatives are just some of the outcomes that have resulted from increased supply and price pressures over the past few years. Re-evaluation was a key theme at the London Wine Fair Innovation Zone debate on May 22, as panellists discussed how best to meet changing consumer needs when global consumption patterns and global supply rarely see eye to eye.
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Brexit-related inflation is hitting drinkers of cheaper and less well-known Champagnes hardest in the UK as sales of entry-level bottles continue to fall, while bigger name brands and more expensive cuvées are faring better.
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The quality of private label wines are on the up – and Europe is leading the pack.
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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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Volume sales of alcohol continued to decline in the UK off-trade in 2017, but value sales increased in both yearly and quarterly sales, particularly in sparkling wine, which remains the main driver of growth for the overall wine category.
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Unpredictability is the new norm, securing supply has become more critical than price and power has shifted from buyers to producers.
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Wine prices have seen significant upward movement in the on-trade, new research suggests, with red in particular receiving a generous boost from a rise in premium listings.
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Burgundy has had its best trading year in a decade and is at an all-time high for 2017, according to Liv-ex, the global fine wine trading marketplace.
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Serendipity is part of the pleasure of owning a wine cellar. Unless you’re the kind of person who keeps a log of every bottle that’s down there – I’m as organised as the next Virgo, but there are limits – these chance discoveries are wonderful. Well, most of the time. For every bottle of oxidised Condrieu or dried-out claret, there are dozens that are exciting to unearth. I had a bottle of 2006 TMV Swartland Syrah recently, made by Chris and Andrea Mullineux before they set up their own now globally famous winery in South Africa, and it was a revelation.
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A landmark ruling in the long-running battle over minimum unit pricing (MUP) in Scotland will be made on Wednesday morning (15 November) by the UK Supreme Court.
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As South Africa strives to push innovation and quality, natural factors may just provide the tipping point for the country.
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What is shaping up to be the smallest vintage in 50 years is predicted to cause a “dramatic decline in wine availability going into 2018”, with the lower-price tiers of the European industry expected to be the worst affected.
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Remind me never to play poker against Frédéric Engerer.
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