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Published: 07 December, 2022
Premiumisation was an ongoing trend in wines and spirits during the first half of 2022 as consumers leaned into little luxuries, new data has revealed. However, as we teeter on the brink of global recession, it is increasingly clear that consumers are holding back on their drinks purchases – a trend that could be particularly acute in the UK, where both intensifying economic gloom and rising inflation is threatening to ‘derail premiumisation’.
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Published: 07 December, 2022
Specialist wine importer, Hallgarten & Novum Wines, is once again on the hunt for a ‘HeadStart’ Apprentice.
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Published: 07 December, 2022
Following another turbulent year for the drinks trade, Owen Morgan, director of 44 Group, which includes Cardiff’s seminal Bar 44, reflects on the highs and lows of 2022, plus the hopes and plans for the business in the year ahead.
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Published: 07 December, 2022
Based on research conducted by Proof Insight, Bibendum has compiled its list of top 10 trends to look out for in 2023.
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Published: 06 December, 2022
Eight years since the launch of Viña Concha y Toro's Centre for Research and Innovation, the first of its climate change ‘resistant’ vines have been planted
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Published: 05 December, 2022
The amount restaurant owners are borrowing to keep their own businesses afloat has increased 12% in the past year, from £377 million in 2020/21, to over £424 million in 2021/22, says Mazars, the audit, tax and advisory firm.
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Published: 05 December, 2022
A regular finalist in Harpers best UK wholesaler, Fine Wines Direct UK has added two high-profile names to its sales team.
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Published: 05 December, 2022
South African viticulturists and producer cellars are predicting a smaller 2023 wine grape crop following a “healthy, yet dry season.”
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Published: 05 December, 2022
Following another turbulent year for the drinks trade, Sam Thackeray, MD of Enotria & Coe, reflects on the highs and lows of 2022, plus the hopes and plans for the business in the year ahead
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Published: 02 December, 2022
The average amount consumers spend each month in restaurants, takeaways and pubs has fallen since the start of the pandemic, with restaurants the hardest hit, new research has found.
An independent survey of 2,000 UK adults, conducted by Peckwater Brands, claims rising inflation and energy costs have reduced consumer spending, leaving hospitality businesses at risk.
Restaurants have seen the highest drop-off in consumer spending since the start of 2020, down 16% from £58.90 per person per month to £49.30. Spending in pubs fell 14.6% from £47.90 to £40.90, while spending on takeaways saw the lowest reduction, falling just 10% from £47.70 to £42.30.
While the cost-of-living crisis continues to loom large, the majority (63%) of UK adults surveyed said they still consider takeaways a treat they look forward to, with 34% intending to continually get them regularly (at least once per month) with 33% budgeting for this expense.
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Published: 02 December, 2022
New moves to limit Etna DOC (PDO) wine production volumes have been designed to maintain and control average grape prices, as a way of preserving the Sicilian mountain’s wine economy, its environment and viticultural heritage, the Etna DOC wine board has said.
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Published: 01 December, 2022
Research by CGA by NielsenIQ and non-alcoholic spirits brand CROSSIP suggests that 67% of bar professionals have increased their range of no/low alcohol drinks over the past year, and 82% will do so over the next 12 months, demonstrating the growing importance of the category to consumer choice.
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Published: 01 December, 2022
ecoSPIRITS has announced a partnership with Rémy Cointreau, one of the world’s biggest producers of spirits and liqueurs, to help reduce distribution waste.
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Published: 01 December, 2022
With a focus on the low&no market Finlays, the B2B supplier of tea, coffee and botanical solutions has revealed its annual beverage trends report for 2023, highlighting the more 'mindful' approach consumers are taking to the drinks industry.
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Published: 30 November, 2022
UK beverage manufacturers are now holding more than double the amount of stock compared to pre-pandemic levels, as delays and shortages take an increasing toll on the global supply chain.
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Published: 30 November, 2022
Corney & Barrow (C&B) has announced its appointment as the exclusive UK agent for Domaine Dugat-Py – a family owned historic estate located in the heart of Gevrey-Chambertin.
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Published: 30 November, 2022
Wines from Spain has revealed dates and locations for its Annual Tastings next year. The first will be held in London on 28 February, with a northern event also taking place in Leeds, Yorkshire, on 13 March.
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Published: 29 November, 2022
According to Kantar, food price inflation jumped to a record high of 14.7% in October, and these rising costs have coincided with a surge in sales for discount retailers like Aldi and Lidl.
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Published: 28 November, 2022
Cornwalls’ St Austell Brewery has taken a minority share in Harbour Brewing Co, a multi-award-winning Cornish brewery.
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Published: 28 November, 2022
Leading Port and still wine producer Sogevinus is celebrating making its way through a "very difficult and challenging harvest", which was able to overcome significant viticultural challenges, including heat intensity and the lack of rainfall, particularly when it came to lower altitude vines.
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