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‘Moderate recovery’ predicted for global alcohol market in 2025

Published:  06 June, 2024

Following a decline in global beverage alcohol sales in 2023 and tough trading conditions so far in 2024, IWSR has predicted a gradual recovery from 2025.

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Pernod Ricard defends organic decline as spirits sales normalise

Published:  15 February, 2024

Pernod Ricard has announced what it is calling a robust performance in the first half of the 2024 financial year despite declines in its organic sales – a performance which the company is putting down to the normalisation of the spirits market following two years of outstanding growth.

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Soapbox: Why is the government so disinterested in the wine trade?

Published:  19 December, 2023

The Wine Society CEO Steve Finlan calls out the government’s lack of engagement with the hard-pressed UK drinks trade.

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Sparkling resilient as alcohol sales decline across Europe

Published:  30 January, 2023

A new study undertaken by analyst firm IRI paints a troubling picture for the European beverage industry, albeit there are some encouraging signs that certain categories are 'recessionary resilient'.

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Champagne: Weathering the storm

Published:  20 April, 2020

With little to celebrate, it’s unlikely consumers will be reaching for the Champagne any time soon, but the category has weathered storms before, says Chris Losh. 

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Pinot Grigio - the end of the affair?

Published:  08 November, 2019

Ines Salpico reports on a strategic rethink as sales of Italy’s favourite white experiences a dramatic fall.

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Growth slows at Pernod Ricard

Published:  18 October, 2019

Sales growth at global drinks giant Pernod Ricard has slowed, with first-quarter turnover of €2.483bn revealing underlying growth of just 1.3%, in line with expectations.

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UK retains top five status as global market for still and sparkling imports

Published:  22 May, 2019

The UK remains the world’s second biggest importer of still and sparkling wine, analysts have confirmed - despite the era of high volume wine sales being “over for good”.

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Wine in the firing line

Published:  21 March, 2019

The modern world changes fast. In the past decade, we have gone from a situation of blithely choking on carbon monoxide from second-hand smoke every time we enter a pub or restaurant to a virtual ghettoisation of cigarettes. Before the ban most people would have thought this inconceivable. But it happened.

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Prowein: Record Champagne turnover, but UK and France still in decline

Published:  18 March, 2019

Total turnover for Champagne reached a new high of €4.9 billion in 2018, up 0.3% on 2017, although volumes fell by 0.8% to 301.9 million bottles.

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Decrease in irresponsible drinking, confirms NHS survey

Published:  05 December, 2018

The latest Health Survey for England has revealed a decline in UK adults drinking harmful levels of alcohol.

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Brexit blamed for fall in prosecco sales

Published:  21 September, 2018

Exports to the UK of Prosecco have fallen for the first time in 10 years, Coldiretti has revealed.

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Premium on-trade sales growth slows

Published:  19 September, 2017

The much-touted “less but better” trend towards higher-value, lower-volume drinking is slowing in pubs and bars as punters feel the pinch, as Andrew Catchpole reports

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