Sales of Champagne reached a record high last year, driven by strong demand from export markets, favourable exchange rates and steady sales in France.
New York auction house Zachys expects to have made $10 million (£6.5m) worth of sales in September alone, following its first autumn sale realising $5m (£3.2m) over just two days.
Spiros Malandrakis, senior analyst at Euromonitor International, highlights the reasons behind the huge value sales of the biggest whisky brands in the world.
Sherry sales have all but collapsed in the category’s top five markets over the last decade, with global exports nearly halving since 2002, new graphs show.
From a small base of just 5%, the global proportion of wine sales carried out online is expected to rise considerably in the coming years, led by Britain and China.
SAB Miller is the latest drinks company to report a slump in China, as the downturn starts affecting beer rather than just spirits.
Drinks giant Pernod Ricard today revealed a double-digit decline in net profit in its full-year results fuelled by a 23% drop in sales in China.
Slowed growth in China has hit Pernod Ricard as the company reported a slight sales decline for the first quarter of 2013/14.
Beer sales in the UK have fallen in the second quarter of 2013, according to the British Beer & Pub Association (BBPA), although many brewers have seen a recent hot weather boost.
Doom Bar beer from Sharp’s Brewery has become the number one cask beer in the UK, in both volume and value according to data from CGA Strategy.
© 2016 Union Press Ltd | Unit 122, 30 Great Guildford Street, London SE1 0HS, UK | Registered in England and Wales No. 03606414 | Tel: +44 (0)20 7803 2420