Posts Tagged ‘Association’

Guns and now fine wine.

Guns and now fine wine.

Wine enthusiasts can now indulge their passion and back the right to bear arms at the same time by joining the National Rifle Association of America’s Wine Club.
‘Now you can support the 2nd Amendment with every wine you buy’ runs the strapline on the homepage of the club, nrawineclub.com, which also offers new members a ‘nine-piece custom NRA engraved wine box’ when they join.
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Irish reel under 'savage' tax increase.

Irish reel under ‘savage’ tax increase.

 

Wine merchants and restaurants in Ireland have been left reeling by the government’s shock decision to put a €1 tax increase on a bottle of wine from midnight on Thursday.

 

The news, part of Irish Finance Minister Michael Noonan’s 2013 Budget announcement, sparked a rush of panic buying in the country’s wine shops on Wednesday night, with some stores reported as doing one week’s trading in an afternoon.

Describing the 40% tax increase as ‘savage’, the Restaurants Association of Ireland said the hike in excise duty would bring a lot of restaurants ‘to their knees’.

‘Most restaurants are simply struggling to survive, especially those outside the major cities,’ said Adrian Cummins, association chief executive.
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Sparkling wine and cider offered rare glimpses of positive news in the latest WSTA Market Report, which shows volume declines across both UK wine and spirit sales.

 

wine-shop-aisle-590

 

While UK total alcohol sales have fallen by 2% in the off-trade and 3% in the on-trade during the last 12 months, the sparkling wine category enjoyed 6% growth in the off-trade, while on-trade cider sales saw a 5% increase.

There was an even stronger on-trade performance from the resurgent RTD category, which experienced a 3% sales increase over the 12 months to November 2012, boosted by a 15% uplift in the last 12 weeks. However the category’s volumes fell by 7% in the off-trade over the year.

There was a similarly mixed picture for Champagne, whose 9% decline in the off-trade during the last 12 weeks was mitigated by a 13% increase in the on-trade during the same period.

As inflation on wines and spirits hit 2.4% and 5.9% respectively, the sub-£4 end of the wine market continued to show declines, while all price bands above £7 per bottle saw double-digit growth.

While light wine sales experienced the same 2% off-trade decline as total alcohol figures, there were strong performances from Spain and New Zealand, which saw 16% and 11% volume growth respectively.

 

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Think before you buy!

Think before you buy!

UK market conditions continue to be tough as consumers ‘tighten their belts and shop around for value’, the Wine and Spirits Trade Association has warned as it releases its latest market report.

In the last 12 weeks, off-trade sales of Champagne have declined by 9%, while wine under £4 has continued to decline, according to the WSTA’s 12-week round-up of statistics from various analysts such as Nielsen and CGA.

While off-trade Champagne is down, the sparkling, non-Champagne, category is one of the best performers. According to Nielsen it is the only major alcohol category in growth over the last year, up 6% in the last 12 months and up 9% in the last 12 weeks.

In a separate report, UK supermarket Waitrose says sales of English sparkling wine have shown a year-on-year increase of 30%, thanks in part to… read on