Naked Wines shares drop 3% despite strong sales growth
Naked Wines stock decreased by 3% this morning after the online retailer posted an annual pre-tax loss of £10.7 million.
Stock Spirits Group increased volume sales by 2% to 8.3 million 9-litre cases in the six months to March 31.
Campari Group reports 17.9% sales growth for Q1
Organic net sales at Campari Group increased by 17.9% to reach €397.9 million in the first three months of 2021.
Concha y Toro posts 8.2% revenue increase for Q1
Leading Chilean wine producer Concha y Toro has reported an 8.2% revenue increase in the first three months of 2021.
Henkell Freixenet reports 7.4% sales decline for 2020
Henkell Freixenet has reported that net sales decreased by 7.4% year-on-year in 2020 after the Covid-19 pandemic caused bars and restaurants to close for several months.
Carlsberg reports 3.8% revenue increase
Carlsberg has reported organic volume sales growth of 11.5% for the first three months of 2021.
Pernod Ricard’s global sales have seen a 1.7% organic growth for the first nine months of FY21 which totalled €6,941m.
New Zealand wine: Covid's highs and lows
While New Zealand has managed the pandemic better than most, a lack of tourism and difficulties with shipping have taken a toll on wine sales. Martin Green reports.
Concha y Toro net profits increased 48.6% in 2020
Leading Chilean wine producer Concha y Toro increased net profit by 48.6% to Ch$77,994 million (US$107.4 million) in 2020.
I Heart Wines sales exceeded 31m bottles in 2020
More than 31 million bottles of the I Heart wine brand were sold in 2020 after it enjoyed significant growth in several international markets.
Campari Group reports profit decline for 2020
Campari Group has reported that net adjusted profit decreased 24.4% year-on-year to €202.1 million in 2020 as a result of the Covid-19 pandemic.
UK port sales soar in 2020
Port sales in the UK saw impressive category growth throughout 2020, with the largest volume of off-trade sales since 2015.
Pernod Ricard sales suffer -3.9% drop through travel retail absence
Pernod Ricard sales for H1 FY21 have shown an organic decline of -3.9% on the previous year largely due to the ongoing struggles of travel retail.
Diageo tops up interim dividend after organic sales increase
Diageo managed to grow organic sales by 1% in the six months to December 31 despite suffering from restrictions on the on-trade and travel retail.
Remy Cointreau Sales Surged in Q3
Remy Cointreau has reported 25.1% sales growth for the final three months of 2020.
Wine.com sales increased 119% during 2020
U.S. online retailer Wine.com has revealed that revenue increased 119% year-on-year to reach $329 million during 2020.
Alcoholic drink sales soared at UK supermarkets over Christmas
The alcoholic drinks category led the charge as UK supermarkets enjoyed their strongest ever Christmas trading period, according to Nielsen till scan data.
2020: Online sales' record year
Ecommerce has broken into markets that barely knew it existed pre-pandemic - and forcasts for the alcohholic drinks sector are very positive. Martin Green reports.
Kingfisher brewer adapts to new trading conditions
Kingfisher has launched a 6x33cl can format in time for the festive trading period as it bids to ramp up off-trade sales.
Concha y Toro reports huge growth during Q3
Leading Chilean wine producer Concha y Toro managed to increase consolidated sales by 28% year-on-year during Q3.
AB InBev reports sales increase in Q3
AB InBev reported a 4% revenue increase in Q3 after enjoying surging sales in Brazil, Mexico and the United States.
Pernod Ricard recovery gathers pace in Q1
Resilient off-trade sales in the USA and Europe helped Pernod Ricard rally during the first quarter of fiscal 2021.
Remy Cointreau raises guidance after 16.4% sales decline
Remy Cointreau has reported a 16.4% decrease in sales for the first half of its fiscal year after the pandemic ravaged its on-trade business.
Zamora Company reports strong 2019 sales
Spanish drinks producer Zamora Company has reported that turnover increased 6.3% to €208 million in 2019.
UK off-trade sales enjoy 17% growth
The beer, wine and spirits category remained the star performer in the UK retail sector as it enjoyed 17% growth in the four weeks to October 3.
Champagne sales soar as Brits find cause for celebration
UK retailers enjoyed soaring sales of Champagne and sparkling wine as the country basked in warm weather during the four weeks to September 5.
Brown-Forman beats expectations by posting robust Q1 results
A strong domestic performance ensured that Brown-Forman net sales decreased by just 2% year-on-year in the three months to July 31, 2020.
South Africa urged to end "devastating" alcohol prohibition
The South African government has been urged to scrap its alcohol prohibition in order to avoid “devastating consequences” at home and abroad.
US hospitality industry revived almost 600,000 jobs in July
The US bar and restaurant industry revived 592,000 jobs across the country in July, according to new statistics from the Bureau of Labor.
US off-trade sales continue to surge throughout summer
Sales of spirits, wine and beer continue to soar in the US off-trade as shoppers shun bars and restaurants in favor of drinking at home.
Leading Chilean wine producer Concha y Toro has reported that Q2 consolidated sales grew 16.5% in difficult trading conditions.
Campari reports H1 sales decline of 11%
Campari has reported that organic sales declined 11.3% in the first six months of 2020 as a result of the Covid-19 pandemic.
Pernod Ricard improves outlook for full-year profits
Pernod Ricard now expects the decline in full-year profits to be less severe than initially anticipated as a result of cost control and resilient sales.
Rémy Cointreau sales declined 32.8% in Q1
Rémy Cointreau suffered a 32.8% year-on-year sales decline in the three months to June 30 as a result of the coronavirus pandemic.
Heineken reports 52.5% decrease in half-year earnings
Heineken has reported a 52.5% decline in first-half earnings after the Covid-19 pandemic took a toll on its on-trade business.
South African president Cyril Ramaphosa has reinstated the country’s ban on alcohol sales in a bid to free up beds for Covid-19 patients.
Prosecco DOCG achieved record sales in 2019
The Conegliano Valdobbiadene Prosecco DOCG produced and sold a record 92 million bottles in 2019 after enjoying a large harvest the previous year.
AB InBev claims top spot in the UK sales chart
AB InBev has become the UK’s number one brewer by volume sales since the start of 2020.
British beer sales slump to a 20-year low
British beer sales have plummeted to a 20-year low after pubs and bars across the country were closed due to the coronavirus pandemic.
Delhi scraps 70% "special corona fee" on liquor sales
The Delhi government has decided to withdraw the 70% “special corona fee” that it imposed upon alcoholic beverage sales from May 5.
Chinese alcohol industry suffers 8.6% revenue drop
China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.
Norway’s wine and liquor monopoly retailer has reported 28% volume sales growth during the first five months of 2020.
Campari Group has tied up a €23.4 million deal to purchase a 49% stake in Italy’s leading online wine and spirits retailer.
Finland alcohol sales remain steady during pandemic
Alcoholic beverage sales have remained steady in Finland during the Covid-19 pandemic, according to new stats from monopoly retailer Alko.
AB Inbev reports 32% sales decline in April
AB Inbev has warned that Q2 trading will be “materially worse” than the previous three months due to brewery closures and supply chain disruption.
Campari Group reports slight sales decline for Q1
Campari Group has reported a 5.3% decline in organic sales for the first quarter of 2020 after suffering from the impacts of the coronavirus outbreak.
Carlsberg reports first quarterly sales decline in two years
Danish brewer Carlsberg has reported its first quarterly sales decline in two years as a result of the Covid-19 pandemic.
Rémy Cointreau has reported a sales decline of 9% for the 2019/20 financial year as a result of a significant slump in Q4.
Thailand urged to end alcohol sales ban
Thailand’s beer, wine and spirits industry has implored the government to lift a ban on alcohol sales during the national state of emergency.
Spanish producer Zamora Company has reported that wine and spirits sales in China have recovered as the country emerges from a sweeping coronavirus lockdown.