Wine News: Bourgogne wines held up on the International Market in 2020

BIVB has announced their 2020 export report –  After a very good November in terms of volumes, exports of Bourgogne wines over the first 11 months of 2020 were slightly higher than over the same period in 2019 (up 0.5%), confirming a trend already witnessed in October. Revenue was also close to the record level seen in 2019, down just 2.6% by the end of November, having recovered from being down 9% just a month previously.

However, these figures should be set within a sluggish economy, impacted by both COVID and the 25% Boeing/Airbus tax, which severely penalized sales to the United States, down 14% by volume and 21% in terms of revenue, representing a loss of some €44 million. However, with volumes up 16% equating to 2.2 million bottles, the British market almost entirely offset the loss in volumes from the United States and once again became the leading export destination for Bourgogne wines.

Several territories saw big upticks in numbers, like Sweden, up 18.4% by volume and 14.2% in terms of revenue compared to the same period in 2019, and Denmark, up 24% by volume and 25.6% for revenue. Others enjoyed more moderate growth but for big volumes, like Canada (up 6.4% by volume and 6% in terms of revenue) and Belgium (1.2% and 5.5% respectively).

In France, Bourgogne wines grew their position in the retail sector, up 4.7% by volume and 5.7% in terms of revenue over the first 10 months of 2019, thanks in particular to their popularity in convenience stores and via click-and-collect. As yet, there is no data regarding the restaurant sector, which is in free-fall, or for wine stores that are enjoying a boom.

#winenews #wineeconomics #wineexports #frenchwine #Burgognewines #winesales #winemarketing #winelovers #wine #bivb #burgundy #winetrends

 

Wine in Moderation launches a new website

Wine in Moderation has just announced the launch of its new website (https://www.wineinmoderation.eu/). The new site features a modernized design with new functionalities and clear information to help consumers and professionals alike make well-informed decisions to enjoy wine in moderation and to encourage a sustainable culture of wine.

The new website brings together all the Wine in Moderation members and Supporters around one single platform available in 12 languages and offers a nationally tailored message.

“We are very excited to launch this new website which marks an important step in the implementation of our latest Brand Strategy” said Sandro Sartor, President of Wine in Moderation. “This new website not only presents a wealth of new content in a modern and fresh design, it also offers a brand-new platform for professionals and for all our members and supporters around the world, where they will get an exclusive access to our services, materials and tools.”

The new website builds its information around five mains sections:

  1. The culture of wine: where visitors will have the pleasure to discover the uniqueness of the wine culture and get tips on how to best organize their oenotourism trips.
  2. Moderation: where they present why wine should be enjoyed in a sustainable way, and at the same time providing information such as who should avoid drinking alcoholic beverages, wine and health, with specificities on the topics of wine and diet as well as calories.
  3. Our Community: a brand-new feature that will show members and supporters around the world on a dynamic map, giving visitors the possibility to zoom in and discover an “identity card” for everyone who has joined Wine in Moderation and are committed to making informed decisions when it comes to wine.
  4. Professionals: This section is specifically dedicated to professionals where they introduce the different ways in which one can get involved with Wine in Moderation and why it matters for the sector.
  5. About us: last but not least, this is a section where visitors will discover who is behind the social responsibility movement of the wine sector, their vision, missions, objectives and their story.

“A long-standing project, this new website will offer a personalized visit depending on the country you’re from” said Nadia Frittella, Secretary General of the association. “The website’s news and events will be updated regularly offering visitors the possibility to check the events that are happening next to them. We are also particularly excited about our completely new Community Map which illustrates where on the globe our Supporters are and shows the important commitment of the wine sector towards a sustainable culture of wine”.

Visitors are encouraged to explore the website and sign up to become a WiM Supporter! By doing so, not only will they show their commitment to encourage a moderate and responsible consumption of wine, but they will also have access to the new platform for professionals where a wealth of tools and services will be at their disposal.

Learn more: https://www.wineinmoderation.eu/

#wineinmoderation #instawine #cultureofwine #wellbeing #lifestyle #healthylifestyle #wineculture #winemoments #winebytheglass #igerswine #winexperience #wineculture #wineguidelife #vino #vin #wijn #vinho #bor #vyno #wein #winelovers #wine

Vivino Raises $155 Million in Series D Funding

Vivino, the world’s most downloaded mobile wine app and largest online wine marketplace closed (this week) a $155m Series D funding round led by Swedish based investment firm Kinnevik with Sprints Capital accompanying as a new investor. Additional participants include GP Bullhound and existing early-stage investor Creandum. This latest round brings Vivino’s total funds raised to date to $221 million and includes a mix of primary and secondary investment.

Vivino currently boasts a community of 50 million wine enthusiasts, who turn to the platform for its personalized recommendations, unbiased rating system, and expansive selection of wines from more than 700 marketplace partners worldwide. The new capital will enable Vivino to improve its core technology and artificial intelligence platform to create better and more personalized recommendations for Vivino users. The company will also deepen its focus on select markets with the greatest potential for growth, including the US, Germany, the UK, Italy, Japan, and Portugal.

“This is a testament to the remarkable work that our teams around the globe have done to build an extraordinary business,” said Heini Zachariassen, Vivino’s Founder and Chief Executive Officer. “This round has raised important capital for our rapidly growing company and drawn some exceptional new leaders to our board. The funding will enable us to continue to build on our core strengths, expand industry partnerships drawing more merchants and wineries to our marketplace, and support our continued global growth.”

Alcohol e-commerce sales worldwide have grown immensely, and it is estimated that by 2024, they will exceed $40 billion. Zachariassen credits the company’s growth to this continued shift in consumer behavior. “Our user retention rates are high, and we’re seeing a steady conversion of app users to wine buyers. That’s a good move in the right direction. By creating more value for our users, we also create more value for the company and industry at large.”

Since its Series C raise in February 2018, led by Vivino’s current board chairman, Christophe Navarre and former CEO and Chairman of Moët Hennessy, Vivino has increased its user base from 29 million to 50 million and has significantly grown its marketplace business, which connects wineries and wine merchants to its community. The company has posted a 100% annual growth rate for the last seven years and a 103% increase in year-over-year sales in 2020.

#vivino #vivinonews #winenews #ecommerce #winemarketing #winesales #consumerbehavior #AI #mobleapp #economics #winebusiness #winelovers #winelover #wine #wineapp #vivinoapp #winetrends #winetechnology

WSTA Launches Low and No Alcohol Labelling Guidance

The Wine and Spirit Trade Association (UK) has produced new guidance around the labeling of low and no alcohol drinks, as a record number of Brits explore low and no products.

This guidance has been produced in partnership with the WTSA’s Primary Authority Trading Standards Partners, and at the behest of both retailers and producers.

With the popularity of the low and no alcohol category at an all-time high, and January traditionally seeing efforts by consumers to cut out or cut down on booze to start the year, drinks producers are developing new and innovative techniques to provide consumers with more choice and greater quality.

The latest data from the WSTA Market Report shows that overall alcohol sales are down compared to the same 12-month period last year. Wine and beer sales have dipped and overall, spirit sales are flat. Wine, the nation’s most popular drink, has seen a 5% decline in sales despite the boost in online deliveries.

Many new products on the market are produced to closely resemble their alcoholic counterparts – they are closer than ever before – in taste, aroma and appearance – to the spirits and spirit drinks they are providing an alternative to.

The WSTA’s new guidance aims to establish acceptable legal names, marketing text and general labeling requirements for low and no alcohol drinks.

It also looks to boost confidence for consumers in the category, helping them make informed purchasing decisions through clear, accurate, and consistent labeling – which had been retailers’ over-riding concern and motivation for asking the WSTA to offer advice that can be applicable UK market-wide.

The new guidance applies to low and no alcohol drinks that are packaged and marketed as a substitute or alternative to spirit drinks and is designed to complement existing – and any future – Low Alcohol Descriptors Guidance produced by the Department of Health and Social Care.

Miles Beale, Chief Executive of the Wine and Spirit Trade Association said:

“There has been a huge amount of innovation and product development across the low and no alcohol category in recent years. Confusion – for producers and for consumers – led to a request of the WSTA to pull together comprehensive advice. Along with our Primary Authority partners, we have produced this new guide to help both producers and consumers.

We know that overall alcohol sales fell during 2020. Many Brits want to start 2021 by reducing the amount of alcohol they drink, or cutting it out completely, which is why I am delighted to have been able to publish this guidance so early in the year.

Many of our members are making it easier than ever for us to choose a lower-alcohol, or no alcohol alternative, without compromising on taste or quality. Our new guidance will help producers label and market their products with greater confidence, and will help promote clear, accurate and consistent labeling across the category, boosting consumer confidence.”

Councillor David Lancaster, lead member for environment and community safety, at Salford City Council said supporting businesses to comply with the law and promoting best practice is central to the council’s primary authority advisory work with the WSTA.

“Low and no alcohol drinks are a fast-growing market.  It is important that products are legally compliant and that they have clear and understandable labeling so that customers can make the right choices. Our staff were delighted to work with their colleagues in Wales to help the WSTA publish this pioneering guide,” he said.

Jonny Peacock, Strategy and Transformation Director for Pernod Ricard UK, said:

“The non-alcoholic spirits category is already growing fast, and with 30 percent of all consumers seeking to moderate, there’s no reason to doubt projections of continued growth of ~25% over the coming years. This move is welcome as it ensures clarity and certainty for producers and consumers as they increasingly engage in the category.”

Rob Curteis, Group Marketing Director, Quintessential Brands, adds:

“With many consumers today looking to create a better balance in their lives and their diets, there’s more interest in products that help them to moderate – be it low & no alcohol, or low & no sugar. They’re also wanting to enjoy good quality when they do indulge in a bit of what they fancy though – it’s not enough to simply remove the alcohol and not consider the impact on the taste, shoppers today are more discerning and expect more from these ‘alternatives.’

“With this being new territory for many producers, retailers and consumers, we welcome the WSTA’s proactive approach in giving guidance to the industry on this burgeoning category to help the consumer understand and navigate it, and also to protect the integrity of the spirits category.”

IWSR announces acquisition of Wine Intelligence

IWSR Drinks Market Analysis, the leading authority on the worldwide beverage alcohol industry, today announced the acquisition of London-based Wine Intelligence, the top global experts on wine consumer research and insights. The combined offering provides the industry with robust insight into consumption trends, consumer behavior and growth opportunities for the global beverage alcohol sector.

Founded in 2002, Wine Intelligence conducts projects on behalf of wine businesses in more than 35 wine markets. This acquisition enables the IWSR and Wine Intelligence teams to build a world-class consumer behavior division focused exclusively on the global beverage alcohol industry.

“As Covid-19 reshapes consumer behavior and beverage alcohol drinking occasions, industry stakeholders are looking for a deeper understanding of the consumer attitudes driving the market,” remarks Mark Meek, CEO of IWSR. “Our vision is shaped by our clients, and this acquisition is a tremendous opportunity for us to expand on our existing offerings and work with the Wine Intelligence team to provide the industry with access to comprehensive consumer insight across all categories of the drinks industry, including beer, wine, spirits and the ready-to-drink sector.”

This acquisition follows a successful decade-long relationship between IWSR and Wine Intelligence. Recent collaborations include the IWSR Covid-19 Consumer Tracker, an in-depth consumer sentiment research report series tracking the on-going impact of Covid-19 on the consumption of and attitude to beverage alcohol over an 18-month period.

“We are delighted to join the IWSR family after nearly 10 years of our organizations partnering on behalf of our client base,” says Lulie Halstead, CEO of Wine Intelligence. “I share Mark’s vision of us building a world-class and comprehensive offering of data and consumer insights to support the global beverage alcohol sectors, which we are uniquely positioned to do.”

About the IWSR

The IWSR is the leading source of data and intelligence on the alcoholic beverage market. The IWSR’s database, essential to the industry, quantifies the global market of wine, spirits, beer, cider, and RTDs (ready-to-drink) by volume and value in 160 countries, and provides insight into short- and long-term trends, including five-year volume and value forecasts. The IWSR tracks overall consumption and trends at brand, price segment and category level. Our data is used by the major international wine, spirits and beer companies, as well as financial and alcoholic beverage market suppliers. The IWSR’s unique methodology allows us to get closer to what is actually consumed and better understand how markets work. The IWSR boasts a team of global analysts, each of whom is equipped with local market expertise and an expansive network of on-the-ground industry contacts. Our analysts meet and speak with their industry contacts throughout the year in order to capture local insight, key market trends, and the ‘why’ behind the numbers. For more information about the IWSR, please visit www.theiwsr.com

About Wine Intelligence

Wine Intelligence is the global leader in wine consumer research and insights. Founded in 2002, we now conduct projects on behalf of wine businesses in more than 35 wine markets. With a team made up of wine industry and research specialists, we offer a broad range of research, insights and strategy services to help wine businesses make better and more profitable business decisions.