Yvette Flower, strategic planner at ZEAL Creative, looks at the future of premium beer, wine and spirits sales, and how brands can insulate against the rising tide of inflation.
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Three-word slogans have bombarded the UK under the current government, from ‘Get Brexit Done’, to ‘Hands, Face, Space’ and, most recently, ‘Get Britain Moving’, which sounds more like an ad for a laxative than a treatment for the country’s overall ills. But now we’re getting ‘Winter of Disconnect’, courtesy of the press, which is summing up both how a majority of consumers feel not only about the three-hour blackouts that the National Grid is warning of over the coming season, but also how they feel about the government’s
approach to the economy.
It’s likely that alcohol will play little to no role in the celebrations in the Sunak household this evening, as the UK prepares for a new – and perhaps its first ever teetotal Prime Minster – in Number 10.
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Pernod Ricard SA has reported significant growth in sales after raising prices amidst the travel retail bounceback.
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A new report issued by Rabobank, the multinational banking and financial services company, has examined the potential for a looming US recession to shrink the hitherto booming market for luxury brands.
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The scrapping of the freeze on alcohol duty rate rises by new Chancellor Jeremy Hunt has been condemned as counterproductive by the UK drinks trade.
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WineCap has released its Q3 report, which examines the trends that have shaped the fine wine market over the past three months.
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The industry has welcomed the news that government will expand its help for businesses with their energy bills, with subsidies set to cover contracts going back to December 2021.
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Burgundy emerged as the dominant force in fine wine investment for September, Winecap has revealed in the latest analysis of its fine wine index, Wine Track, as the region grows its reputation as the leading investment area for price performance on the secondary market.
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Globally, we may have not been swinging from the chandeliers much over the past two years. When it comes to the secondary market however, Champagne has undergone a period of intense transformation to become one of the most attractive propositions for fine wine investors.
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Inflation is 2022’s pandemic. As we emerge from a health-focused crisis, it’s increasingly becoming clear that the health of the public purse and the damaging cost of living is now society’s most pressing issue. No sector is unaffected. From household items to commercial costs – largely driven by spiralling fuel and shipping increases – all are feeling the additional weight of rising costs, which even the biggest players aren’t able to absorb.
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New Prime Minister Liz Truss has announced there will be a six-month scheme for businesses to tackle the soaring costs of energy bills.
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Australia and Spain are at the forefront of an increasing number of ‘rest of the world’ (RoW) wines that are fuelling growth on the negociant-driven La Place de Bordeaux marketplace.
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On Monday (5 September), Conservative Party members chose a new leader and, therefore, a new Prime Minister. Liz Truss secured 57% of the vote, defeating Rishi Sunak in the race to Number 10.
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London-based spirits distributor, The Bloomsbury Club, is relaunching today to help brand owners “retain control of their products” in a competitive marketplace.
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By the time this feature is published, a new UK wine labelling scheme should be effective. However, according to the Wine & Spirit Trade Association (WSTA), the government has signalled its intention to defer the introduction of the forthcoming labelling rules until 1 January, 2024.
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Pernod Ricard has released its FY22 results, revealing a sales growth of 17% in 2022, totalling €10,701m – the first time the company has exceeded the €10 billion mark.
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As inflation takes hold of consumers and businesses alike, the hospitality industry remains in a deadlock, with businesses planning for more challenging times ahead.
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Inflation has reached boiling point for the wine sector – with climate change adding to a melting pot of pressures which are placing increasing strain on the industry.
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According to new YouGov research, over three-quarters of Tory party members want tax on wine to be frozen at its current rate or reduced.
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