Tag: Wine Pricing

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 […]

Consumers, Wine Seller Amend Contested Deal In Pricing Row | Law360

Consumers, Wine Seller Amend Contested Deal In Pricing Row | Law360

Law360 (March 13, 2018, 8:01 PM EDT) — Consumers and online wine purveyor Wines ‘Til Sold Out floated a revised settlement Monday that will see shoppers receive credits toward future purchases to resolve a New Jersey federal court action alleging misleading price advertising after their original class action deal spurred backlash from the federal government, […]

Stock Spirits Boosts Payout Amid Improved Trading In Key Poland Market | London South East

Stock Spirits Boosts Payout Amid Improved Trading In Key Poland Market | London South East

“2017 was a year of stabilisation for Stock Spirits, and one in which we embedded the significant changes accomplished in 2016,” Stock Spirits Chief Executive Officer Mirek Stachowicz said. “Turning around the performance in our largest market, Poland, was the group’s top priority during the year and, through a combination of strategic investment, realigned pricing […]

Alcohol minimum unit pricing could be delayed by Brexit and North’s political crisis | Irish Times

Alcohol minimum unit pricing could be delayed by Brexit and North’s political crisis | Irish Times

The introduction of minimum unit pricing for alcohol could be delayed because of Brexit and the failure to re-establish the Northern Ireland Executive, the Dáil has heard. The Government hoped to introduce the measure at the same time as in the North to ensure the same price per unit of alcohol on both sides of […]

Montgomery Co. beer and wine sellers: Department improving, needs more changes | WTOP

Montgomery Co. beer and wine sellers: Department improving, needs more changes | WTOP

“We changed not only our pricing strategy but our product strategy as well,” said Dorfman. Far fewer wines are being put on sale, but the sale prices are more significant than the broadly discounted prices of the past. Private sellers complain that the DLC price strategies are unfair, with county stores selling some wine brands close to […]

Total Wine wins legal case against state regulator The Drinks Business

Total Wine wins legal case against state regulator The Drinks Business

The Maryland-based alcohol retailer, which sells wine in 20 states and has ambitious plans to grow its estate from 162 shops now to around 200 by 2018, was given several day-license suspensions by the Alcoholic Beverages Control Commission in January for allegedly selling spirits below cost price. State regulators maintained the practise is prohibited in Massachusetts, […]