
New guidance published for alcohol sales via rapid home deliveries
The Retail of Alcohol Standards Group (RASG) has published a new set of guidance to prevent underage drinkers from purchasing alcohol via home delivery services.
Read more...The Retail of Alcohol Standards Group (RASG) has published a new set of guidance to prevent underage drinkers from purchasing alcohol via home delivery services.
Read more...With autumn tastings in full swing, and with it the opportunity for retailers, wholesalers and suppliers to show off new stock, Harpers wondered if there might be an influx of lower-abv wines in light of the duty hikes. James Bayley reports.
Read more...Pernod Ricard, the world's second-largest wine and spirits seller, is reportedly relinquishing three of its most-prized wine assets.
Read more...Scotch whisky brand Johnnie Walker is one of the top five most valuable UK brands according to research by Kantar, joining the likes of Vodafone, HSBC and Shell.
Read more...Gusbourne, the premium English sparkling wine producer, has announced its unaudited results for the six months ended 30 June 2023, reflecting another solid performance for the company, and a boost for the English wine sector in general.
Read more...A newly incorporated entity owned directly by Berry Bros. & Rudd and Atlantis Win Holdings, a member of the Symington Group, has initiated a takeover bid for Hambledon Vineyard.
Read more...Yesterday (19 September), online wine retailer Naked Wines announced a £15m loss in the year to 3 April.
Read more...According to the latest UKHospitality Quarterly Sales Tracker, turnover was up 6.7% in the last year to £137billion but, compared to 2019, remains almost 20% behind in real terms, when accounting for inflation.
Read more...In its FY23 performance review, Pernod Ricard, the world's second-largest wine and spirits seller, grew net sales by 10% (€12,137m).
Read more...Premium alcohol brands are continuing to gather pace in the face of a mounting global cost of living crisis, new analysis suggests, with aspirational drinking still very much on top form.
Read more...Economic depression tends to lead consumers to splash out on little luxuries. This is the idea behind the ‘lipstick effect’, coined by Estée Lauder’s Leonard Lauder to describe the rocketing rise of lipsticks in 2008, post the 9/11 attacks in New York and while global markets teetered on the brink of financial meltdown. By extension – and with the cost of living and wage stagnation pushing prices higher – alcohol still seems to fall within a comparatively ‘affordable luxury’ bracket.
Read more...Pub closures reached back-to-back quarterly records in Q2 2023, smashing the previous unwanted benchmark set in Q1.
Read more...According to research from UHY Hacker Young, the UK’s Top 100 restaurant groups have recorded a twelvefold increase in their profits in the last six months, rising from £19.9m in September 2022 to £241.8m in March 2023.
Read more...Cult Wine, the fine wine investment platform, believes the ‘slow-down’ of high-end vintage Champagne prices might provide an opportunity for potential investors in the coming months.
Read more...So, the deadline has come and gone – and despite an avalanche of criticism, including a letter sent by Hennings Wine owner Matt Hennings to his local MP in June, begging the government to wake up and smell the bonfire, the trade is now facing increases to the tune of 20% or 44p per 75cl bottle.
Read more...Circana, the leading advisor on consumer complexity, has launched its Race for Resilience: Innovation Pacesetters report for Europe. Covering the six largest markets in Europe (France, Italy, Germany, Spain, UK, and the Netherlands), the report reveals declining product innovations for alcoholic drinks brands across the last two years.
Read more...The changes to alcohol duty, due to come into effect tomorrow (1 August), are the biggest the UK has seen in nearly fifty years. As businesses make their final preparations, it seems we could see a raft of new changes entering the drinks landscape – including the need to better communicate the law of increasing returns when it comes to wine and the benefits of trading up.
Read more...Inflation in hospitality rose again in June to 22.6% YOY, just shy of the record high of 22.9% in December 2022, as measured by CGA.
Read more...Château Changyu, China’s oldest and largest wine producer, is second only to Moët & Chandon as the world’s most valuable wine brand.
Read more...A scorching June helped Britain's managed restaurant, pub and bar groups achieve a ninth successive month of year-on-year sales growth, according to the latest Coffer CGA Business Tracker.
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