The days of heady growth for gin are over, forcing producers to take a more focused approach, says Felicity Carter Sales of gin have…
The days of heady growth for gin are over, forcing producers to take a more focused approach, says Felicity Carter Sales of gin have…
Hatch Mansfield, and the Villa Maria family of wineries, which Hatch Mansfield distributes in the UK, have contributed to The Drinks Trust with donations and fundraising initiatives. Karen Fistonich, director at Villa Maria, said: “Everyone in the Villa Maria family here in New Zealand is thinking of their colleagues in the UK and hearing how difficult it is for on-premise and independent wine merchants during…
Majestic Wine’s on-trade arm has sent a letter to its hospitality customers suggesting they may be able to redeploy their staff on a short-term basis into Majestic’s retail stores, rather than facing difficult decisions to reduce hours or let people go. In the letter, Olivia Fitzgerald, managing director of Majestic Commercial, said: “We understand the situation you are currently facing is unprecedented, and the measures…
ABInbev has reported its UK business has had a “strong third quarter”, driven by the continued popularity of Corona and Budweiser, however its overall global business delivered weaker than expected sales over the period. As a result the company lowered its profit growth forecasts for the year, sending shares tumbling 10%. In Europe volumes grew by low single digits on top of “a difficult comparable…
South Africa is unlikely to have a “normal vintage” until 2021 following an extended period of drought in the vineyards, according to a senior winemaker. Izele van Blerk, winemaker at KWV, told DRN: “We’ve suffered almost four years of drought and this year was a particularly difficult harvest. I would say 2017 was probably the best vintage year for me making wine. “There is a…
Pernod Ricard posted a 1% sales dip in Europe during the first quarter of the 2014/15 financial year. The spirits giant grew sales 2% overall on the previous year, but this was fuelled by growth in the Americas and Asia. Its wine arm saw sales decline by 3%, but it said Campo Viejo and Brancott Estate continue to grow. Chief executive Pierre Pringuet said: “Pernod…
Champagne shipments dropped 1.5% to 304 million bottles in 2013, but the generic body called it a “satisfactory result” amid difficult economic conditions in Europe. Growth came from markets outside Europe, where exports to the likes of the USA, Japan and emerging markets grew 3.2% to 63 million bottles. Domestic shipments dipped 2.3% while exports to the rest of Europe suffered the sharpest decline –…
