Fine Wines/Champagne and Spirits

There were continued restrictions on foodservice operations in Japan in 2021, with closures or limited operations against the background of the largest wave of the COVID-19 pandemic in summer 2021. The shift from dining out to eating at home…

The apparent perception of control over COVID-19 by the second half of 2020 made consumers recover some social activities, especially during the year-end celebrations, when important events traditionally form part of Brazilians’ calendar. During the…

Fine wines/champagne and spirits registered another double-digit decline in retail volume terms in 2021 as Turks continued to rein in non-essential spending due to the negative economic impact of COVID-19 and high inflation caused by the steep…

Sales of fine wines/champagne and spirits in Germany declined in 2021, after seeing strong growth in 2020, derived from home seclusion and the lack of availability of restaurants for a long period of time. Thus, as the vaccination programme advanced…

Fine wines/champagne and spirits saw a limited positive impact on sales in 2020 as a result of COVID-19. The major difference between this category and many others within luxury goods is its comparatively low dependence on international travellers…

Government policies have had a marked impact on the sale of fine wines/champagne and spirits during the COVID-19 crisis. In 2020, some local government authorities imposed their own restrictive lockdowns, including bans on alcohol sales, while others…

Fine wines/champagne and spirits recorded another year of strong double-digit volume declines in 2021 following a notable drop in sales the previous year in South Africa as a result of restrictions on alcohol sales during the pandemic. Each time the…

Demand for fine wines/champagne and spirits has been much less disrupted by COVID-19 than either personal luxury or experiential luxury. Nonetheless, retail current value sales declined at close to a double-digit rate during 2020 and recovered only…

The higher supply of local brands has been driven by the imposition of tariffs on wine exports by China, one of Australia’s key markets, with industry players therefore shifting their products to the local market and supporting them with strong…

The spread of COVID-19 and the ongoing battle to contain it continued to boost sales of fine wines/Champagne and spirits in 2021. Unable or unwilling to travel or to go out to socialise, many consumers turned to producing quality drinks and cocktails…

Fine wines/champagne and spirits suffered a fall in values sales in 2021, as luxury alcoholic drinks are usually consumed when celebrating and there was not much to celebrate in 2021, with the pandemic confining people to their homes for much of the…

Fine wines/champagne and spirits saw a dip in 2021 as regions re-opened economies and loosened health and safety measures regarding foodservice venues, bars, and nightclubs. Whilst positive for foodservice value sales, this restricted home…

A healthy share of sales for fine wines/champagne and spirits in India is traditionally driven by duty free shops at airports and during international travel. However, with many international borders closed, the imposing of bans and introduction of…

Fine wines/champagne and spirits, especially baijiu, usually experiences a boost in sales amidst the spring festival, when families celebrate togetherness. Drinking baijiu is considered as way to celebrate and cheer up in traditional Chinese culture.…

Whilst many on-trade establishments were allowed to remain open during the time of the pandemic in Sweden in 2020 and 2021, the enforcement of social distancing measures, with limitations on numbers inside venues, were effective well into June 2021.…

Horeca is key driver of demand for fine wines/champagne and spirits in Spain, but with these venues closed (or operating at a much reduced capacity with limited opening hours) for much of 2020, retail current value sales of fine wines/champagne and…

With international travel hugely disrupted for Ukrainians during the pandemic and therefore there being limited ability to buy fine wines/champagne and spirits in airports and abroad, where such products are significantly cheaper, consumers bought…

The large-scale adoption of social distancing restrictions in response to the COVID-19 pandemic led to a deep slump being registered in sales of fine wines/champagne and spirits during 2020. This was mainly because the COVID-19 pandemic and the…

In 2020, the ongoing lockdown measures in Malaysia limited consumers’ ability to purchase fine wines/champagne and spirits. When the government enacted the Movement Control Order (MCO) in March of that year, food/drink/tobacco specialists were forced…

Sales of fine wines will increase in 2021 after the drop in sales during the first year of the pandemic. Nonetheless, most players will be disappointed as actual sales remain a long way off those recorded pre-pandemic. Despite the most affluent in…