Out-of-home food and drink sales are in growth in all of Britain’s 10 biggest city centres, with higher spend-per-visit driving growth rather than footfall.
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New figures have shown how the hospitality sector’s staffing crisis is worsening under growing stagnancy in the job market, as the gap between new job creation and people willing to enter the workforce is widening.
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The 40th live London Wine Fair landed at the Olympia last week – a full three years since its last in-person outing and one month later than planned due to the postponement of Prowein.
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The latest financial results from English wine producer Gusbourne have reinforced the strong position of the category within the UK market.
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Highlights will include the newly released 1975 vintage sherry and the latest Tio Pepe en Rama from GB, the 2021 range from Zind Humbrecht in Alsace and two new prestige cuvees from Champagne Deutz.
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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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A £15bn package aimed at helping households deal with inflation and the rising cost of energy bills comes just one day after the Sue Gray report was published – a move that has prompted critics to question the rationale and timing of the sudden windfall for British consumers. Also, they ask, where is the support for business?
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Santiago Navarro, CEO & founder of Packamama – the climate tech packaging provider spun from Garçon Wines – made his name in the creation and supply of eco-flat bottles which re-launched Accolade’s eco brand, Banrock Station, in the Co-op in 2020. Here, he dives into how wine brands and manufacturers can leverage packaging to capitalise on ecommerce, whilst responding to long-term changing consumer preferences, including sustainability.
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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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Staffing issues continue to set back hospitality’s recovery from Covid-19, according to a new survey, which has found that nearly four out of five hospitality leaders have offered higher wages to try to retain staff.
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UK wine brand Chapel Down has been welcomed into the England and Wales Cricket Board (ECB) as its official sparkling wine.
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In support of the challenging times faced by the on-trade, Hatch Mansfield and Maison Louis Jadot are standing – or cycling – shoulder to shoulder for the inaugural Bike to Care en Bourgogne.
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Several headline spirit businesses have announced new staff appointments in March, including the Cotswolds Distillery and Mangrove UK.
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Viña Concha y Toro (CyT) has reached a ‘milestone’ in its sales career, with more than half of the company’s wine revenues stemming from higher-value products.
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The UK’s leading English sparkling wine brand, Nyetimber, enjoyed a record year in 2021 in both sales and production. Following its largest ever harvest, Nyetimber’s UK sales increased by 55% on the previous year. Situated in the south of England, the 30-year-old winemakers saw sales in Europe grow by a whopping 89%.
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Multinational Pernod Ricard has posted record turnover from sales during the first half of the fiscal year (beginning July 2021), earning global revenues of €5,959m, with an organic growth of +17%.
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Gen Z investors are turning to fine wine to boost their finances in the wake of the pandemic.
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In a landmark event, Sotheby’s is to auction a collection of rare bottles from the Napa Valley wine region, organised in partnership with Napa Valley Vintners.
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As the frontrunner of celebrity-endorsed wines with the UB40 Red, Red Wine range, Eminent Wines’ founder and CEO explains to Jo Gilbert how famous faces – and a compelling story – can help brands to stand out.
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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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