‘Moderate recovery’ predicted for global alcohol market in 2025
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.
Read more...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.
Read more...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.
Read more...The Wine Society CEO Steve Finlan calls out the government’s lack of engagement with the hard-pressed UK drinks trade.
Read more...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'.
Read more...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.
Read more...Ines Salpico reports on a strategic rethink as sales of Italy’s favourite white experiences a dramatic fall.
Read more...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.
Read more...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”.
Read more...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.
Read more...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.
Read more...The latest Health Survey for England has revealed a decline in UK adults drinking harmful levels of alcohol.
Read more...Exports to the UK of Prosecco have fallen for the first time in 10 years, Coldiretti has revealed.
Read more...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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