Signs of economic recovery are starting to appear in the fine wine market after a year of consistent declines. The industry benchmark, the Liv-ex 100 index, has been in freefall since March 2023, dipping 14.6%, whilst the broader Liv-ex 1000 index has fallen 15.3%.
Read more...
As of yesterday (1 April), employment costs have increased for hospitality businesses following a rise in the National Minimum Wage.
Read more...
The latest insight from hospitality technology partner Zonal reveals bookings for Easter weekend are up 40% compared to 2023.
Read more...
The Whisky Exchange has revealed a surge in consumer interest towards immersive, educational experiences within the world of wine and spirits.
Read more...
The Chinese Commerce Ministry has confirmed that China will end three years of anti-dumping and anti-subsidy tariffs on Australian wine from March 29.
Read more...
After over one hundred years of being a wine-front merchant, a spirits fascia bearing the name Berry Bros. & Rudd (BBR) is days away from opening to the public on the hallowed pavements of St James’.
Read more...
London Wine Fair (LWF) will host a homage to the late Steven Spurrier’s (pictured) landmark ‘Judgment of Paris’ blind tasting in 1976, which saw Burgundy and Bordeaux pitched against California, with the latter comparing favourably to the former, sending shockwaves around the wine world.
Read more...
The Drinks Trust, the WSET and the WSTA, are co-ordinating a drinks industry-wide Equity Diversity & Inclusion programme with the stated aim, ‘to create an inclusive and equitable UK drinks industry where everyone feels welcome, safe and supported’.
Read more...
Launching for the first time this summer, Rioja Wine UK has opened applications for its Rioja Somm’er School, an educational programme based in Logroño aimed exclusively at UK-based sommeliers and on-trade buyers.
Read more...
The government is using public health arguments as a “thin veneer to maintain market distortions” Miles Beale, chief executive of the WSTA, has said in a rebuttal of the claims made by Gareth Davies at the Westminster Hall debate earlier this month.
Read more...
The production of single malt Scotch whisky is underway at The Orkney Distillery, marking a new era for the business, best known for its award-winning range of Kirkjuvagr gins.
Read more...
The co-founders of The Old Vine Conference announced the second Old Vine Hero Awards winners yesterday (25 March) via a virtual results webinar, with Italian individuals and organisations dominating the winners list.
Read more...
Virgin Wines, one of the UK’s largest direct-to-consumer online wine retailers, has today (25 March) announced a 2% revenue growth in the six months ended 29 December 2023 (H1 2024).
Read more...
Rosebank Distillery, known as the ‘King of the Lowlands’, is set to re-open its doors to the public in June after a three-decade hiatus.
Read more...
Spanish DO Cava has announced all-time record sales figures for 2023, led by a notable increase in the domestic market.
Read more...
Imagine a near future where there is little need for talk of sustainability. This would be coupled with an overarching accreditation that joins the dots for sustainably-minded consumers, with drinks companies naturally taking an holistic view of all aspects of their businesses, aligned with their partners up and down the supply chain. There would, of course, be those left behind, who had failed to embed sustainability in their DNA. But such companies will have become few and far between as the combined power of green consumer purchasing and supply-partner pressure increasingly left such organisations by the wayside, as relics of a bygone era.
Read more...
Visits to the on-trade are taking a tumble as consumers cut two nights’ worth of out of home eating and drinking down to one, new research reveals.
Read more...
Following the launch of Jable de Tao’s first artisanal wines, Barnaby Eales charts the progress being made to protect the hoyos-grown vine legacy of La Geria, asking if enough is being done to secure their future.
Read more...
Chivas Brothers, the Scotch whisky business of Pernod Ricard and maker of global Scotch whisky brands including The Glenlivet and Aberlour, has unveiled a new, long-term programme to preserve some of Scotland’s iconic rivers and waterways.
Read more...
The UK’s largest wine retailer, Majestic, has confirmed it is “exploring a deal to purchase all or part of the Vagabond Wines business”.
Read more...
