Jascots Wine Merchants has reported a rise in both revenue and new customers in 2022 as it continues its focus on premiumisation.  Jascots described 2022 as a “strong” year. Overall, revenue increased by 84% compared to 2021, while the merchant reported 270 new trade customers over the course of the year. The premium sector proved most successful for Jascots, which the merchant…

Virgin Wines has reported a drop in revenue for the six months ending December 31, 2022. The online retailer said yesterday that total revenue for the period was £33.7m, down from £40.5 million in the same period a year prior. The company blamed several factors, including the cost of living crisis, bad weather, postal strikes and its implementation of a new warehousing system. Virgin also…

The world of rosé is vast – and while consistency and young vintages suit some styles, there’s a case for flexibility elsewhere, finds Lucy Britner Provence continues to lure consumers with its iconic pale pink hue. And there’s no doubt that the popularity of this style has proved a rising tide for all pink ships.  For Mark Jarman, head of wine operations at Morrisons,…

Drinks retailers need to “recognise their obligations to describe products correctly”, according to The Gin Guild, as it continues its campaign to challenge “deliberately misleading” labelling of drinks which are wrongly called gin.  Nicholas Cook, the Gin Guild’s director general, explained: “If it is not gin IN the bottle, brands should not put gin ON the bottle label and masquerade as gin, and retailers need to…

Bacardi has acquired 100% ownership of the premium batched cocktail company Tails. Tails, which was established ten years ago, blends premium spirits and liqueurs with natural mixers, juices and flavours. The products use the Bacardi portfolio of premium spirits to make the cocktails, which are then packed in one-litre bottles. The range includes Classic and Berry Mojito, which both use Bacardi rum; the Passion Fruit…