Premium-and-above spirits are forecasted to increase their global volume market share to 13% by 2024 as consumers continue to search for “authenticity and status”, according to the IWSR.
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The Co-Op has reported record sales over the past quarter, with the fastest share growth in the grocery retail industry for the 12 weeks to 14 June (Kantar). Sales are up 29.1%, bringing their market share to 7.4% – their highest since 2001.
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Berry Bros. & Rudd has confirmed that it is “reviewing” its Fields, Morris & Verdin (FMV) wholesale arm, with staff consultation ongoing, with the impact of the Covid-19 crisis almost certainly meaning that the business will not continue in its current shape or form.
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Wine consumption in some of the UK’s nearest neighbouring markets looks to be steady, with consumers maintaining overall wine consumption as lockdowns ease.
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China’s relationship with wine during coronavirus had changed for the better, according to Wine Intelligence, allaying fears that lockdown had had a negative affect on the wine category.
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With the pandemic putting companies and brands under the microscope, businesses are being warned to pay close attention to how they communicate with consumers – and how vigorously they defend their market share.
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With small production and a cool climate, New York State’s leading wine producers are looking to punch above their collective weight on the world stage, with the UK singled out as the ‘shop window’ to showcase its wares.
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White Claw, the brand which has ignited a seltzer storm in the US, is now looking to replicate its success across the pond.
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A shift from traditional appellation-based, heritage and winery-focused labels to those that are “more about the market” will be hastened in the wake of the pandemic if wine is to compete with rivals drinks categories.
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In the third of a series focusing on responses of the generic bodies to the current crisis, we talk to Anita Jackson, UK director, Wines of Chile
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Global trader BI Fine Wine & Spirits has reported that its volume sales of high-end wine and rare whisky to Asia jumped 25% in March as Chinese buyers returned to the market.
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France’s premier wine regions continue to weaken on the fine-wine market, according to the first-quarter 2020 trading data released this morning by Liv-ex.
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In the first of our series on Argentina, James Lawrence reports (pre-coronavirus) on how the 2016 election has helped introduce the country to a new era of wine exports and global trade.
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Austria’s wine industry posted record export growth figures in 2019 by both value and volume.
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The Chinese wine market could contract by 20% or more and many businesses will fail as a result of coronavirus, two industry experts have said.
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Gonzalez Byass is to release a new Domecq Manzanilla in the UK made at Delgado Zuleta in Andalucia’s Sanlúcar de Barrameda.
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Wines from the Bourgogne region grew last year by both volume and value in the key Hong Kong market – even as French wine exports fell overall.
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Treasure Wine Estates (TWE) has cut its predictions of growth for 2020 from between 15% and 20% to between 5% and 10% after its first half-year figures were released yesterday.
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The USA’s threat of slapping 100% tariffs on US$2.4 billion worth of French imports including wine and Champagne seems to have been put on hold after the countries’ leaders announced a ceasefire on Twitter.
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Rosé, Pinot Gris and Pinot Noir are among a slew of ‘alternative’ varieties and styles notching up a greater share of New Zealand’s collective wine exports, as “international appetite grows to expand the range”.
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