Sotheby’s sees growth with strong engagement from younger generations
Auction house Sotheby’s has released its Wine & Spirits Market Report for 2025, detailing an overall growth in auction sales and a shift towards younger buyers.
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Auction house Sotheby’s has released its Wine & Spirits Market Report for 2025, detailing an overall growth in auction sales and a shift towards younger buyers.
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Drinks giant C&C Group – owner of Matthew Clark and Bibendum – has bought Scottish brewer Innis & Gunn's brand in a pre-pack administration for £4.5m.
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Italian drinks company Campari Group has unveiled its 2025 financial results (year ending 31 December). The 2.4% organic sales growth seen during the year contrasts to other drinks giants which have struggled in recent times.
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Ahead of National Careers Week (2-7 March 2026), Sussex-based Plumpton College has launched a push for those looking for a new career to consider a future in wine.
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Diageo has unveiled its results for the first half of the financial year up to 31 December 2025, with the company reporting declining sales. Organic net sales were down 2.8% while it has set a new minimum floor for its dividend of 50 cent per year, which compares to the 103.48 US cents per share it paid out for FY25.
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Canned Wine Group has announced that one of its founders, Ben Franks, has been appointed CEO of the company, as the business shifts to a new strategic direction with a focus on increasing UK growth.
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Following the striking down of Trump’s tariff regime by the Supreme Court, the US president announced on Saturday (21 February) that he would introduce a global tariff rate of 15%. This could provide yet another headache for UK drinks exporters who may see duties on products travelling across the pond rise.
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French drinks heavyweight Pernod Ricard saw a 5.9% decline in organic sales to €5.25bn in the first half of its financial year. Declines were most concerning in the US and Chinese markets, falling 15% and 28%, respectively.
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Diageo GB has significantly expanded its field sales team with the recruitment of over 100 new roles.
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Australian industry giant Treasury Wine Estates (TWE) has posted significant losses for the first half of its financial year – $649m (all money figures detailed in AUD). This comes after settling its dispute with US distributor RNDC earlier this month and most significantly the writing down of the value of its US business in November of last year.
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Jackson Family Wines has announced that Tim Brown (pictured) has succeeded Rick Tigner as CEO of the California-based producer.
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Sussex wine producer Ridgeview Wine Estate has announced that it has been acquired by an investor consortium – QBRidge Ltd – led by Quantum Beverage Co (QBev).
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Fine wine investment platform Cult Wines has released its Top Wines of 2025 report, which offers a “cautiously optimistic” look forwards to 2026.
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Online wine retailer Virgin Wines has released its Christmas trading update, which shows a strong performance across the seven weeks to 26 December.
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As reported by the BBC and elsewhere, Revel Collective – the parent company of the Revolution bar chain, Revolucion de Cuba and Peach Pubs – has filed to enter administration.
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A new study by MMR Research has found that nearly four in ten UK consumers (39%) say they are lowering their alcohol consumption because of affordability.
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Wine retail giant Majestic has seen its profits before tax almost cut in half year on year – falling from £14.3m for FY24 to £7.7m for FY25 as detailed in its Companies House filing for the 2025 financial year (ending 31 March 2025).
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UK-based wine distributor North South Wines has announced the acquisition of the When in Rome wine brand, marking a significant addition to its range of sustainable and alternative wine brands.
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Wine investment platform WineCap has rounded off the year by revealing the best performing wines from the three most important wine regions globally (in terms of demand) – Bordeaux, Burgundy and Champagne.
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According to a new report from market research firm Circana, private labels now account for 42% of the value of all consumer packaged goods (CPG) sold across what it calls the EU6 (France, Germany, Italy, Spain, the Netherlands and the UK).
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