Premium-and-above spirits are forecasted to increase their global volume market share to 13% by 2024 as consumers continue to search for “authenticity and status”, according to the IWSR.
Read more...
Casual Dining Group (CDG), the failed restaurant group that owned the Las Iguanas, Bella Italia and Café Rouge chains, has been rescued by private equity firm, saving 4,000 jobs across the UK and over 150 outlets.
Read more...
The closure of the hospitality industry between April to June left a £30bn hole in the British economy, it has emerged.
Read more...
French giant Pernod Ricard has grown its stake in the “fast-growing” mezcal segment via Ojo de Tigre, a small-batch spirit made from sustainable agave.
Read more...
The generation of youngest drinkers are the most difficult age group to entice back through the bar, restaurant or shop door, Wine Intelligence has suggested, with the fallout from Covid-19 likely to have the most detrimental impact on their buying behaviours.
Read more...
Majestic Calais, the French arm of Majestic Wine, has reopened its doors to customers at its superstore over The Channel following the easing of travel restrictions in and out of the UK.
Read more...
The Covid-19 pandemic is facilitating a long-term shift among many of the world’s leading drinks brands’ strategies, it has been suggested, as owners begin to adopt a more “nuanced” approach to channel distribution.
Read more...
Rowena Curlewis, CEO of drinks design specialist Denomination, looks at the impact that the lockdown will have on our future drinks choices
Read more...
The Champagne Academy has announced the launch of a range of fundraising initiatives to help support The Drinks Trust and its beneficiaries through these turbulent times.
Read more...
It will take five years for the global alcohol category to get back to pre-Covid health, the IWSR has predicted, with double digit declines expected to the hit the category this year.
Read more...
Packed pubs, standing-only bars and heaving nightclubs pose the biggest challenge to getting the struggling on-trade back on its feet, the IWSR has suggested.
Read more...
The Drinks Trust has launched a number of new services focusing on improving the mental health of the industry and supporting them through what has been a troubling time for many.
Read more...
Nyetimber has gone ahead with plans to rapidly expand its area under vine, with a major planting of 42ha at a new site in Kent.
Read more...
Beer and cider were hard-hit in the 2008/9 economic crisis, suffering from a combination of duty rises, an on-trade slump and increased at-home consumption, all of which tend to favour spirits and wine.
Read more...
Pressure is being piled on chancellor Rishi Sunak to introduce emergency measures to stem the knock on effect of coronavirus (Covid-19) as footfall to UK businesses fell by almost 50% over the weekend.
Read more...
Nyetimber is looking to help develop the next generation of wine industry leaders via a new placement scheme in conjunction with Plumpton College’s wine division.
Read more...
Australia and Chile have once again topped Wine Intelligence’s list of the world’s power brands, with Yellow Tail and Casillero del Diablo holding onto their spots in first and second place for the third year in a row.
Read more...
UK-based fine wine agency and analytics platform, Wine Lister, has been acquired by French media outfit, Groupe Figaro.
Read more...
Climate change researchers have pegged Essex and Norfolk as the next major areas to plant as warmer summers extend the area where grapes can be grown productively in the UK.
Read more...
Bountiful crops and idyllic weather was the talk of Europe in 2018, following on from the dismal vintage shortfalls of 2017 where producers suffered bouts of frost, hail and a late spell of searing heat.
Read more...
