Ecommerce is becoming a major force in global retail, with online sales of BWS achieving a total value of $6.1 billion in the US market last year.
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The easing of Covid-19 restrictions is having a positive impact on drink sales across the on-trade, according to the latest CGA Drinks Recovery Tracker.
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A hard seltzer might sound like a hangover cure to us Brits, but their power in the low-calorie, low-abv proposition, is not to be sniffed at. Jo Gilbert reports.
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Leading bar and restaurant operator Arc Inspirations has signed an agreement with HSBC to borrow £5m, allowing the company to fulfil its plans for expansion and growth.
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Sales of alcohol in the on-trade have continued to lag behind the levels seen in 2020, according to the latest CGA Drinks Recovery Tracker, yet a resurgence is forecast as Plan B restrictions come to an end this week.
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In the first of a regular look at the multiples, Andrew Catchpole sizes up the general health of the sector.
James Lawrence finds the festive season was a mixed bag, with reduced sales in many areas but some sectors exceeding expectations.
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On-trade drinks sales fell by a quarter in the run-up to Christmas as wary consumers avoided pubs, bars and restaurants ahead of socialising on the big day, as Andrew Catchpole reports.
Signs that life is returning to something closer to normal, at least for the UK’s independent merchants, were borne out in London yesterday (17 January) at a well-attended Vindependents tasting in Camden.
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Newly released data from UKHospitality and CGA Strategy paints a grim picture for on-trade businesses, with sales in UK pubs, restaurants and bars falling 60% on Christmas Day, 31% on Boxing Day and 27% on New Year’s Eve, when compared to 2019.
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Alliance Wine has recruited two new personnel into its on-trade division, with a renewed focus on growing the distributor’s customer base in the hospitality sector.
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Consumer footfall across the UK’s hospitality sector increased between Christmas and New Year, according to the latest CGA Drinks Recovery Tracker.
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The sparkling wine category was the clear winner of the Christmas retail bonanza, with both merchants and analysts reporting bumper sales.
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Overall retail sales of beers, wines and spirits fell in the month of December, when benchmarked against Christmas 2020, though spending remained higher than it was pre-pandemic.
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Ecommerce is to remain a key driver of value growth in global alcoholic drinks markets, with wine to the fore. Andrew Catchpole reports.
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Spanish giant Freixenet has posted record Cava sales in 2021, retailing more than 100 million bottles worldwide for the first time ever in the firm's 150-year history.
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The winners of the inaugural Rioja Wine Month campaign (formerly Shop Rioja) have been announced, after an upsurge of sales throughout the autumn.
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Global shipments of Spain's signature sparkling wine grew by 16.45% in the first nine months of the year, according to the Cava Consejo Regulador.
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The BWS category suffered one of its poorest performances on record in November, plummeting -21.4% versus the same month in 2020, as consumers rushed out of their houses to socialise and shop ahead of the fear of potential new December 2021 lockdowns.
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A re-tightening of restrictions is threatening to put a pin in Christmas celebrations, causing more gloom for the hospitality sector as the government rubber stamps plans to introduce vaccine passports for late-night venues.
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