Champagne & sparkling
Champagne agents expect big discounts at UK supermarkets this Christmas, thanks to weak demand for the sparkling wine in its home country.
Final drinks sales for the World Cup reveal that overall beers, wines and spirits were up by £15.1 million for the five weeks of the tournament to top £1.1 billion.
In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, Q&As, and opinion stories.
Fizz has fared well thanks to summer weather, with sales of sparkling wine up 18.9% on last year, according to the latest Nielsen data for the off-trade.
Sparkling wine sales are showing no signs of slowing down – volumes rocketed 20% in the second quarter of 2014.
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Insights & Analysis
It’s good news for the wine and spirits trade as the UK is set to be the fastest growing major advanced economy in 2014, according to Euromonitor’s mid-year global economy update, which should boost consumer spending.