CGA’s latest Hospitality at Home Tracker shows that takeaway and delivered sales from restaurant and pub groups in GB were 273% higher in May this year versus May 2019, despite the return of eating indoors in the second half of the month.
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Sales of alcohol online have remained strong despite the fuller opening of the on-trade, signalling how buying BWS online has become a way of life during the pandemic, as Jo Gilbert reports.
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The total eating and drinking out market is expected to see 44.7% YOY growth in 2022, the equivalent value of almost £92bn and surpassing its 2019 value growth as pent up demand is set to give the sector a boost in its recovery from the pandemic.
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The European Super League was always doomed to failure. Think about it from a wine perspective. It would be like a region – in France, say – initiating a system whereby its châteaux were ranked purely on the basis of how much their wines cost, maybe put into mini ‘divisions’, and then this classification being set in stone in perpetuity, regardless of any change in quality on the part of either the incumbents’ wines or those of any would-be challengers. Surely it would never last…
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Online services continue to grow in importance, key sources have highlighted this week, as online retail sales continue to strengthen despite physical stores reopening, and as digital strategies and e-booking becomes more important than ever for bars and restaurants re-launching to demob-happy crowds.
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Consumer demand for no and low alcohol products and ready-to-drink is on the rise both globally and in the UK. But how long will this growth continue? Jo Gilbert looks ahead.
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Leading New Zealand estate Villa Maria has announced it is aiming to sell 31 ha of surplus land surrounding its headquarters in Mangere, Auckland, and is exploring raising capital to accelerate growth plans worldwide.
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Net profits at Chilean wine giant Viña Concha y Toro have risen 54% in the third quarter, the company has announced, with EBITDA growing 53%.
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Drinks giant Pernod Ricard has seen its sales drop 6% in the first quarter of the financial year, though UK retail sales remain dynamic.
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Organic sales at Pernod Ricard fell 9.5% as a result of the Covid-19 crisis, the company has reported, with revenues for the year to 30 June reaching €8.5bn.
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Hollywood actor Ryan Reynolds’ Aviation Gin brand has landed a mega-deal with drinks giant Diageo, which has been acquired via parent company Davos Brands.
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Loire Valley fizz has enjoyed a surge in exports to the UK, with Crémant de Loire having jumped just shy of 50%.
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Despite the marked shift from on-trade to home drinking, lockdown could still leave a sobering £7bn hole in total UK alcohol sales, as Andrew Catchpole reports.
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Alcohol has weathered the storm of the coronavirus, new figures show, beating packaged foods and other beverages to see a 25% uplift in value sales since the beginning of lockdown.
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A new report revealed both mainstream and super-premium categories were growing pre-pandemic, while highlighting the opportunities for retailers. Lisa Riley looks at some of the trends that may re-emerge down the line.
South African drinks giant Distell has shuttered its premium wine division Libertas Vineyards and Estates after little more than a year.
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Austria’s wine industry posted record export growth figures in 2019 by both value and volume.
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International spirits producer Quintessential Brands has appointed Alex Pollard as its new group chief finance officer.
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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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As we prepare for the new decade, Harpers looks back over 2019 and ahead to what the coming year will bring – hopefully full of revived optimism for both politics and the trade.
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