Harpers Wine & Spirit Magazine’s Post

Why 2025 ‘will be a telling year in the wine industry’ Following a challenging period for the drinks trade, David Bowman, chief commercial officer for Ste. Michelle Wine Estates, tells db why 2025 “will be a telling year in the wine industry”.

Wine & Spirits Executives, are you thinking of changing course of your 2024 strategy due to the turbulent landscape in the industry? Are your teams in a panic? It would be reasonable if they were….because I'm sure you know by now... The Alcohol Beverage Industry is in Decline* -2023 was US Alcohol Industry's worst year since 1991 -Wine was down 8.9% -Spirits were down 9.1% -Premiumization is "dead" -Distributor inventory levels are lowering rapidly - And the the younger generation just isn't drinking as much (*sources: Wine-Searcher & Jeffries & WSWA) We’ve got some solutions.  Join our next Executive Forum and find out “3 Actions Every Wine & Spirits Leader can take in the next 60 Days to Boost Distributor Share of Mind” At our upcoming invitation-only Executive Forum, Newborn Evolution LLC will be sharing three areas that the VP's of the biggest Wine & Spirits distributors around the USA have shared as THE ways to get their attention and have them focusing on YOUR organization's portfolio. Join us on Friday, April 12, at 12:30pm ET for a robust discussion on this topic.  If you’d like to find out more, click the link in the comments. A few reasons to join us: -Our Executive Forums are exclusive and by invitation only -You will have the opportunity to to have real-time conversations with high-level leaders like yourself in the Wine & Spirits Industry who are facing similar challenges -A fantastic opportunity to expand your industry network -Attendees will receive a detailed recap of the key takeaways and insights from the discussion after the Forum. If you would like to request an invitation for yourself or someone at your organization who may be interested please email us at Concierge@NewbornLeadershipEvolution.com and say “April 12th Executive Forum” and we will send you details. #executive #winebusiness #wineindustry #spirits #spiritsindustry #distributor #alcoholicbeverages #wineandspirits

Wine & Spirits Executives, are you thinking of changing course of your 2024 strategy due to the turbulent landscape in the industry? Are your teams in a panic? It would be reasonable if they were….because I'm sure you know by now... The Alcohol Beverage Industry is in Decline* -2023 was US Alcohol Industry's worst year since 1991 -Wine was down 8.9% -Spirits were down 9.1% -Premiumization is "dead" -Distributor inventory levels are lowering rapidly - And the the younger generation just isn't drinking as much (*sources: Wine-Searcher & Jeffries & WSWA) We’ve got some solutions. Join our next Executive Forum and find out “3 Actions Every Wine & Spirits Leader can take in the next 60 Days to Boost Distributor Share of Mind” At our upcoming invitation-only Executive Forum, Newborn Evolution LLC will be sharing three areas that the VP's of the biggest Wine & Spirits distributors around the USA have shared as THE ways to get their attention and have them focusing on YOUR organization's portfolio. Join us on Friday, April 12, at 12:30pm ET for a robust discussion on this topic. If you’d like to find out more, click the link in the comments. A few reasons to join us: -Our Executive Forums are exclusive and by invitation only -You will have the opportunity to to have real-time conversations with high-level leaders like yourself in the Wine & Spirits Industry who are facing similar challenges -A fantastic opportunity to expand your industry network -Attendees will receive a detailed recap of the key takeaways and insights from the discussion after the Forum. If you would like to request an invitation for yourself or someone at your organization who may be interested please email us at Concierge@NewbornLeadershipEvolution.com and say “April 12th Executive Forum” and we will send you details. #executive #winebusiness #wineindustry #spirits #spiritsindustry #distributor #alcoholicbeverages #wineandspirits

Attention Spirits, Wine, & Beer Buyers! In just 3 hours, we’ll be revealing the top brands that excel in quality, value for money, and eye-catching packaging. Use this exclusive list to enhance your upcoming portfolio update. Yes, only 3 hours left until the 2024 USA Spirits Ratings, USA Wine Ratings, and USA Beer Ratings winners are announced. Stay tuned for the big reveal! 🍷🥂🍺 #TopBrands #QualityAndValue #WineoftheYear #SpiritoftheYear #BeeroftheYear

We’re proud to announce that Meridian Wine Merchants has been recognised as South Africa’s Leading Wine Distributor in On Consumption according to the 2024 Wine Business Solutions Wine On Premise Report. 🍷Meridian is the #1 market leader in South African hospitality growing our share from 22,5% to 23.7% of all wine listings nationally. 🍷WBS increased their total data analysis of 40,000 listings to close to 60,000 individual wine listings across 4,119 establishments. 🍷The report estimates that 11 million cases of wine were consumed in South Africa’s on premise sector in 2023 representing 22% of total wine consumption proving the significance of this channel in the local wine industry. #MeridianWineMerchants #topSAonconsumptionwinedistributor #cheerstosuccess #connectingwinewithpeople #WineBusinessSolutions

By using ManageArtworks, this leading Wine and Spirits company achieved significant improvement in efficiency, speed, and collaboration, ultimately strengthening its position in the competitive wine industry. Read more at: https://lnkd.in/g9YiQCkZ #ManageArtworks #ArtworkManagement #WineIndustry #BeverageSector #LabelManagement #RegulatoryCompliance #MarketTrends

Steering the Course: Insights from Larry Jorgensen, CEO of Wines of Western Australia. From the Historic Swan Valley to World-Class Margaret River, Western Australia’s Wine Regions Embody Diversity and Excellence. Western Australia’s wine industry, once centered around the historic Swan Valley, has undergone a profound transformation since the 1970s. Today, this expansive state is home to nine diverse wine regions, producing just 2% of Australia’s national output yet contributing 20% of the nation's fine wines.  Article provided by Beverage Trade Network. https://lnkd.in/dvdJYEEi

Well suppose it's time to ACCEPT that CHEAP is what the The Fairtrade Foundation stands for! Hope you did your Due Diligence on the Fairtrade Foundation? Leida Rijnhout Sergi Corbalán Fair Trade Advocacy Office (FTAO) Fairtrade International Sadly won't be buying this People's Choice wine because Tesco is not a company that upholds the Principles of Fair Trade. How sad that you believe you're actually making a 'real difference' to the lives of producers by your constant PR posts. Excerpt from Ethical Consumer. Politics Concerns were raised by a number of shareholder groups in 2015 after Tesco’s remuneration report revealed that the company paid £4.13m in bonuses and salary to its chief executive Dave Lewis, for his first six months’ work, and a £1.2m payout to his predecessor who oversaw diving sales and profits. In September 2019 we saw that in the period 2018-2019 Dave Lewis was paid £4,600,000. Tesco then lost half a mark under the Anti Social Finance category as we consider any amount over £1,000,000 a year to be excessive. Around the same time, we took a look at how likely Tesco was using tax avoidance strategies. The company had a number of subsidiaries in tax havens, including one in Hong Kong, one in Cyprus, one in Jersey and one in Guernsey. Tesco contacted us to say that the Hong Kong and Cyprus holdings were in the process of liquidation, and emailed a statement to clarify that they were a responsible taxpayer. Despite this, the company still held two subsidiaries based in places listed in our list of tax havens. No adequate explanation was provided as to what these were for, so Ethical Consumer gave Tesco a worst rating for the likely use of tax avoidance strategies.

What's New to TheStreet... 🍺Constellation Brands Cuts Outlook Amid U.S. Wine Market Woes🍺 Constellation Brands has lowered its sales growth expectations for its Enterprise, Beer, and Wine & Spirits divisions as the U.S. wine market faces challenges. A significant shift for the industry. 📉 What do you think this means for the future of the beverage industry? Share below!💬⬇️ 👉🏻Follow New To The Street for more! #constellationbrands #winemarket #salesoutlook #marketchallenges #industrynews #beerindustry #businessupdate #businessnews #business #news #newtothestreet

What's New to TheStreet... 🍺Constellation Brands Cuts Outlook Amid U.S. Wine Market Woes🍺 Constellation Brands has lowered its sales growth expectations for its Enterprise, Beer, and Wine & Spirits divisions as the U.S. wine market faces challenges. A significant shift for the industry. 📉 What do you think this means for the future of the beverage industry? Share below!💬⬇️ 👉🏻Follow New To The Street for more! #constellationbrands #winemarket #salesoutlook #marketchallenges #industrynews #beerindustry #businessupdate #businessnews #business #news #newtothestreet