Liberty Wines always comes out batting strong at its busy annual portfolio tasting at The Oval, and this year was no exception, with some 25 countries represented, along with fortified, spirits, alcohol free and olive oils.
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Sweet wines may be less in vogue these days in many mature western markets, but the uniqueness of Tokaji – and especially its flagship Aszú wines – are bucking that trend.
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We’re now at a crossroads in the UK. I don’t mean economically or politically. I will leave others to comment on that. Having worked previously for a wholesaler and now as a distributor, it’s the changing wholesale drinks market I want to discuss.
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Fine Wine provided stability amid an increasingly uncertain economic outlook in 2022, a new report from Liv-ex has revealed. However, as renewed investment and speculation pushed prices, analysts have been left wondering whether the ‘Covid era boom’ has run its course.
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The global trade in wine continues to grow year-on-year, with bulk comprising an ever more important slice of that market, with the value of wines shipped in bulk rising, as more premium bulk gains share.
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The restaurant sector is showing some strong recovery after running the gauntlet for the past couple of years. However, alcohol’s future looks more tenuous, with the role of drinks – and the share of more expensive, premium products – becoming increasingly squeezed by ever-ratcheting living costs.
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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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As the spirits sector negotiates new drinking habits and different generational needs, there’s been much talk about how brand design has had to change. But what about the words? Jamie Thorp, writer at verbal branding agency Reed Words, looks at how the language of spirits is evolving, too.
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A new report issued by the IWSR is full of encouraging news for the international beverage industry. According to the organisation's Drinks Market Analysis, the value of global alcohol sales grew 12% last year to reach US$1.17 trillion, while volume rose by a more modest 3% in 2021.
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This year 2021 saw a partial recovery of global consumption after the doldrums of 2020, the OIV said in its latest update. However, 2022’s outlook is looking increasingly uncertain due to the turbulence posed by the global supply chain crisis, the war in Ukraine and mounting energy prices.
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Polonius: What do you read, my lord?
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A wet and cool 2021 is likely to result in “heterogenous vintage” for Bordeaux, with large gaps in quality between appellations and estates predicted to result in significant numbers of “indifferent wines”.
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With sales exceeding all expectations, the drink for good times is back on top form, finds James Bayley.
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After enjoying a period of meteoric growth, the UK's favourite white spirit has hit a stumbling block, with a drop in hospitality market share in 2021.
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An “identity-conscious” demographic of wealthy Millennial buyers are becoming vital to the prosperity of the secondary wine market, according to a study released by Cult Wine Investment.
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Vinitaly International Academy, the educational arm of the Verona show which aims to showcase the breath and diversity of the Italian peninsula, is launching a brand new focus in the UK.
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Touted as the future of digital marketing, NFTs (non-fungible tokens) also raise huge questions around provenance, authentication and fraud, says Jo Gilbert, who takes a crypto dive.
The latest grocery market share figures from Kantar show that many shoppers eschewed BWS for no-and low-alcohol brands in January.
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Leading Argentinean wine brand Trivento is celebrating UK retail sales growth of 11.6% by value in the past year, according to data released by Nielsen.
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Leading fine wine and spirits merchant Bordeaux Index posted a record sales value of $174m (£128m)in 2021, with turnover rising by almost 50% year on year.
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