Wine Takes Share of Alcohol, Beer Wins in Pricing
Wine continued to take share from beer and spirits in the 4 weeks to August 8, according to SymphonyIRI tracked channels. Morgan Stanley reports in a research note that wine sales grew 4.8%, while spirits grew 1.6% and beer gained 0.9%. Volumes of wine grew 3.4%, while spirits gained 1.8% and beer declined -1.3%.
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