The Covid-19 pandemic is set to cause a deeper and more long-lasting impact to the global drinks industry than the 2008 financial crash, with the on-premise and global travel retail both suffering a severe impact, according to IWSR. IWSR looked at the impact of the 2008 financial crash and assessed whether similar patterns are likely […]
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IWSR: U.S. consumers purchasing alcohol at higher rates to drink at home
Despite recent government directives to stay-at-home, U.S. beverage alcohol sales are buoyant as a result of shifts to retail, which includes e-commerce delivery and click-and-pick options, reports IWSR. The recent growth rate in alcohol purchases has been increasing at a much higher pace than overall 2019 growth, which underscores the scale of the current consumer […]
The IWSR announces plans to launch a Risk Assessment Model for the Coronavirus
IWSR Drinks Market Analysis has revealed plans to launch the IWSR Coronavirus Risk Assessment Model (CRAM). Available from Q2 2020, and updated quarterly, the IWSR Coronavirus Risk Assessment Model will quantify the virus’ impact to the global beverage alcohol market, including scenario forecasts for the short, medium, and long-term. IWSR will leverage its footprint of […]
IWSR: Wine consumption in U.S. declines for first time in 25 years; Tito’s upsets Smirnoff as #1 distilled spirit
For the first time in 25 years, total wine consumption in the U.S. decreased in 2019, posting a -0.9% volume loss versus 2018, according to preliminary figures released by IWSR Drinks Market Analysis. For the fourth year in a row, beer volume in the U.S. was down (-2.3%), as was cider (-3.8%). However, distilled spirits […]
IWSR Trends Forum highlights importance of travel retail for global alcohol industry
IWSR highlighted the importance of travel retail for the global alcohol industry during a Trends Forum at the TFWA World Exhibition in Cannes. The Forum featured a Global Trends presentation and a panel discussion on future growth opportunities for wine and spirits in the duty free and travel retail channel, chaired by Doug Newhouse with panelists Nodjame […]
IWSR reveals Top 100 largest spirits brands
While giant domestic Asian brands make up the lion’s share of the top 10 most sold spirits brands globally, the international bestsellers are not far behind, according to the IWSR Real 100, which ranks the world’s largest spirits brands by volume. Johnnie Walker Scotch whisky grew by 2% last year, but fell one place to 12th, […]
IWSR: Leading travel retail liquor brands rebound in 2016
Most of the leading spirits brands increased sales in travel retail in 2016 as the market began to recover following 2015’s downturn, according to IWSR’s Top 100 Travel Retail Brands. Overall global travel retail spirits sales increased by 3.2% in 2016 over 2015 to reach 22.5m nine-liter cases. Johnnie Walker still leads the ranking with […]
Scotch whisky struggles to hold on in The IWSR Travel Retail Top 100
With 27 of The IWSR’s Travel Retail Top 100 brands, Scotch whisky had the most brands of any single category, although half of these Scotch brands reported declines in 2015. Some malt Scotch whiskies, such as Edrington’s The Macallan, Diageo’s The Singleton, Beam Suntory’s Laphroaig and William Grant’s The Balvenie – were able to buck […]
Hennessy tops the IWSR’s World Class Brand ranking
Hennessy has been named the top-performing global spirits brand in this year’s IWSR World Class Brands rankings. The LVMH-owned cognac rose from last year’s third position, edging out Jack Daniel’s for the top spot. Jameson, Grey Goose and Jim Beam rounded out the top five brands. The IWSR’s World Class Brands list is the definitive […]