OnDemand WTP Pricing Research

Tag: Wine Pricing

Wales delays minimum unit pricing until 2020 | Drinks Retailing News

Wales delays minimum unit pricing until 2020 | Drinks Retailing News

Wales has been forced to delay plans to introduce a minimum unit price of 50p on alcohol until at least 2020 after a challenge from Portugal. The Welsh government aims to follow in the footsteps of Scotland by introducing MUP in a bid to “reduce the devastation caused by alcohol harm”. Lawmakers in Scotland had […]

Wine Pricing: Strategy, Profitability and Adjustments | Sommelier Business

Wine Pricing: Strategy, Profitability and Adjustments | Sommelier Business

Right pricing strategy for your wine list is absolutely vital for the long-term success of your restaurant. Getting the pricing strategy right for your wine list is absolutely vital for the long-term success of your restaurant. By now, we’ve all heard stories about Michelin-starred restaurants in cities like New York that almost went out of […]

Drunkards association unhappy with increase in price of beer (Video)  | YEN

Drunkards association unhappy with increase in price of beer (Video) | YEN

The Ghana Drunkards Association has threatened to embark on a demonstration against government if prices of alcoholic beverages are not reduced. According to them, the price of beer has shot up in recent weeks without any tangible reason, making it difficult for them to enjoy themselves. President of the Ghana Drunkards Association, Moses Onyah, popularly […]

Northern Territories minimum unit pricing faces backlash | The Shout

Northern Territories minimum unit pricing faces backlash | The Shout

The Northern Territory became the first jurisdiction to introduce minimum unit pricing (MUP) on 1 October, as part of the Northern Territory Alcohol Harm Minimisation Plan 2018-19, and retailers are already facing consumer backlash. Attorney-General and Minister for Justice, Natasha Fyles, issued a media statement suggesting that some retailers may have been unfairly marking up […]

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

The world’s most expensive whisky to lead Sotheby’s Wine Autumn 2018 Auction series in New York

NEW YORK, NY.- Sotheby’s Wine unveiled the full contents of their autumn 2018 auctions in New York. Led by The Macallan 1926 60 Year Old (Sir Peter Blake Label) as well as an historic offering of Rare Domaine de la Romanée-Conti Wines from the Personal Cellar of Robert Drouhin, the series of four auctions this […]

Bordeaux ’17 Pricing Causes Backlog of Wine Stocks, Liv-ex Says | Bloomberg

Bordeaux ’17 Pricing Causes Backlog of Wine Stocks, Liv-ex Says | Bloomberg

High prices for Bordeaux 2017 compared with similar prior vintages, and restrained demand from buyers focusing on a few top labels, is leading to wine stocks backing up at merchants in the French port and a squeeze on margins through the supply chain, according to London-based online wine market Liv-ex. Average 2017 prices for wines […]

Rombauer Vineyards shows how luxury wine can raise prices in discount world | North Bay Business Journal

Rombauer Vineyards shows how luxury wine can raise prices in discount world | North Bay Business Journal

“We weren’t focused on the next new fad on developing styles,” he said. “We were focused on varietal purity, making the purest expressions of any variety we were involved with and polishing them every year. That focus helped us become known as a very reliable, committed, serious provider of wines at a favorable price for […]

Minimum unit pricing in England is back under consideration | The Drinks Business

Minimum unit pricing in England is back under consideration | The Drinks Business

Speaking in the House of Commons yesterday, junior health minister Steve Brine said health officials carry out a “review of the evidence for minimum unit price in England,” as part of the government’s commitment to tackling problem drinking. “That’s why we are developing a new alcohol strategy,” he said. Scotland became the first country to […]

Alison Douglas: I welcome minimum unit pricing for alcohol | The Scotsman

Alison Douglas: I welcome minimum unit pricing for alcohol | The Scotsman

The historic introduction of Minimum Unit ­Pricing (MUP) of ­alcohol is just weeks away and will mark a significant turning point in ­Scotland’s damaging relationship with drink. When this life-saving ­policy comes into effect on May 1, the positive impact on the nation’s health will be felt in a matter of months. In the first […]

Bottling Fine Wine, With Notes Of Data | PYMNTS.com

Bottling Fine Wine, With Notes Of Data | PYMNTS.com

Giving Traders More Confidence One of the reasons behind traders’ previously low confidence in wine trading marketplaces was a lack of objective, transparent and trackable data on factors like pricing and scarcity, he added. Statistics by any source – including data on certain varietals’ pricing, or how many bottles of a wine were left unconsumed […]