Dear Client: Globally, total bev alc volumes have not recovered to pre-pandemic levels, but "what we do see is that value growth is at historic highs driven by price increases post-pandemic, pent up demand and also an ongoing premiumization trend" for the first half of 2022, said IWSR coo Emily Neill during a webinar … Continue reading "IWSR Insights Show a “Tale of Two Shoppers”"
Dear Client: At the Wine Industry Financial Symposium last week in Napa, analyst Danny Brager took the stage to provide an overview of the current market. For one, Danny noted a bifurcation in the wine marketplace, particularly as it relates to growth between different price segments. Even though higher end price tier growth decelerated … Continue reading "Why Wine Premiumization “Still Has Legs”"
Dear Client: Efforts to open up bev alc retailer shipping have been falling short recently, but advocates are not going down easily. You may recall, earlier this year a district court judge struck down a retailer shipping lawsuit filed against the state of Rhode Island, finding that the state's alcohol retailer regulations are constitutional … Continue reading "Another Circuit to Weigh in on Retailer Shipping Issue"
Dear Client: Today Drizly released its fourth annual Retail Report, providing insight into how indie liquor stores are stocking their shelves, their top concerns, the trends they're seeing and more. The report is based on a survey of more than 250 bev alc retailers nationwide (both in and outside of the Drizly network). The … Continue reading "Retailer Survey: What’s Getting More Shelf Space in ’23"
Dear Client: Last year Breakthru Beverage Group launched a dedicated fine wine strategy called Aspect, billed as a uniform, cohesive portfolio solution for the rapidly growing fine wine space [see WSD 03-08-2021]. "Last year was really about getting established," Aspect senior director, business development Daren Cliff tells WSD, and this year "we really tried … Continue reading "How Breakthru’s Aspect Division Operates as a Company within a Company"
Dear Client: It's that time of the year, dear reader, when the industry's attention is focused on holiday sales and what we might expect to see in the New Year. Indeed, the Wine & Spirits Wholesalers of America hosted a webinar this week featuring analysts Dale Stratton and Danny Brager, discussing the latest wine … Continue reading "What Recent Trends Could Mean for Holiday Sales and Beyond"