Wine shipments increased 1.3 percent in the United States last year, continuing a more than 20-year expansion for the sector even as it undergoes tremendous changes in the way wine is distributed and sold.
The state of the wine industry is good, but a researcher told attendees of the Unified Wine & Grape Symposium in Sacramento to “fasten your seat belts” for the future.
Danny Brager, senior vice president with research firm The Nielsen Co., discussed trends in the industry ranging from sales channels to packaging and demographics.
New York-based private equity firm Verus Investment Partners has sold the 156-year-old Pittsburgh Brewing Company to an undisclosed buyer.
Specific financial terms of the deal were not disclosed.
Industry leaders have urged the government to delay alcohol minimum unit pricing (MUP) outside Scotland as legislation edges closer south of the border.
eer giant AB InBev has confirmed it will raise prices across its entire portfolio thanks to “ongoing pressure” from the UK economy. AB InBev, which owns brands Budweiser, Stella Artois, Corona, Beck’s and Hoegaarden, said it will increase the wholesale prices of its beers by 3.9% from 1 February 2018.
BOSTON (PRWEB) January 23, 2018 - Wineries shipped $2.69 billion worth of wine directly to consumers in 2017, according to the 2018 Direct-to-Consumer (DtC) Wine Shipping Report from Sovos and Wines & Vines.
French beverage company Pernod Ricard's lead performance marketer Evan Huggins admits while the brand may be data poor when it comes to consumer transaction data, it's data rich when it comes to interactions from an advertising perspective.
YAMAGATA – Some wineries are moving to change their product names containing geographical terms ahead of a tightening of place-of-origin rules aimed at preventing consumer misunderstanding. Among them is Takeda Winery in Kaminoyama, Yamagata Prefecture.
Retailers and brands convened in New York City last week to experience the National Retail Federation’s Big Show, and once of the biggest topics on attendees’ minds was technology. From automation to personalization to social marketing, the growing importance of technology in the shopping experience was definitely top-of-mind for retailers and brands, including those in the food and beverage space.
The monopolies are coming. In almost every economic sector, including television, books, music, groceries, pharmacies, and advertising, a handful of companies control a prodigious share of the market.