So, farewell then Oddbins – at least from the high street. In all honesty, the news – reported by DR’s sister title Harpers Wine &…
So, farewell then Oddbins – at least from the high street. In all honesty, the news – reported by DR’s sister title Harpers Wine &…
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…
Jascots Wine Merchants has reported that 40% of their producer partners are now certified organic, marking a 25% increase since last year. In its Jascots supplier survey of 83 producers, the merchant said that working with sustainable producers is a “priority”. As well as seeing an increase in organic-certified producers, a further 16% of respondents said that they are currently in the process…
Jameson whiskey owner Pernod Ricard has reported a 21% increase in reported sales for full-year 22. The company said today that sales totalled €10.7 billion, with all reporting regions growing double digits, in the 12 months to June 30, 2022. In Europe, sales were up 19%, driven by “Spain, Germany, Poland, UK and with a very strong rebound in Travel Retail”. Speaking specifically about the…
Naked Wins has reported a rise in sales for the fiscal year ending March 28. The online retailer said in a trading update that reported group sales were up 3% year-on-year – or 5% on a constant currency basis. On a two-year basis, reported group sales increased 72% (77% on a constant currency basis). The group’s CFO Shawn Tabak said the results were in line…
The Scotch Whisky Association has reported growth in value and volumes for Scotch whisky exports, as the category continues to recover from the pandemic and US tariffs. The SWA said late last week that global exports grew 19% in value, to £4.51bn, in 2021. The number of 70cl bottles exported also grew by 21%, to the equivalent of 1.38bn. However, despite the return to growth…
Up to one third of French wine production will be lost this year as a result of freezing temperatures, according to reports. It is estimated £1.7 billion in sales will be lost this year after an unseasonal bout of frost and ice followed a period of warm weather, which exasperated the damage. Experts said the warmth encouraged vines to develop earlier in the season than…
Wines of Great Britain (WineGB) has reported a “notable spike” in retail sales of English and Welsh wines in the last few months. The news, which coincides with English Wine Week celebrations this week, highlights multiple retailers, which are leading the way with English wine sales. Waitrose & Partners reports sales of English and Welsh wines are up 40% year on year, with demand for…