Archive for the ‘Press Releases’ Category


PRESS RELEASE: Widespread fear of fakes in the off-trade is the biggest barrier to growth of imported wine in China

Wednesday, January 9th, 2013

Chinese consumers are being discouraged from buying higher value imported wines in shops because of growing fears that what they buy will be a fake, according to new research.

Wine Intelligence’s survey of 1,000 drinkers of imported wine in China found that fear of buying a fake was the biggest barrier to purchasing wine in the off-trade, with 44% of respondents saying it discouraged them from buying.

This concern ranked well ahead of more conventional worries about what the wine would taste like (38%) and lack of good information on the back label (34%).

The sample for the survey was designed to be representative of the Chinese, urban, educated and affluent imported wine drinking community aged 18 – 49, which Wine Intelligence estimates to be around 19 million consumers in 2012. Allowing for the survey’s margin of error (+/- 3.1%), the findings suggest that serious concerns around fake wines are shared by at least 8 million potential purchasers.

The findings are reported in the new China Landscapes 2013 report, which is published by Wine Intelligence today. The report also notes that Chinese wine consumers are still very interested in learning more about the category, and in many cases are taking the time to educate themselves.

The report strikes a mostly positive note about the outlook for imported wine in China in 2013, highlighting the surging demand for wine from reputable online retailers, and the increased distribution of imported wine products in the huge new urban areas of China’s interior, where much of the growth in wine consumption will come over the next 5 years.

Rui Su, Research Manager at Wine Intelligence explains that “Most Chinese consumers who can afford to buy imported wine are intensely curious about the product and eager to understand it better”, highlighting that boosting consumer confidence in the wine category is the key to the next stage of China’s wine market development.

She added: “But as with anything new, they are worried about making a mistake and wasting money, which is at least as much of a concern to Chinese as it is to consumers in the West. The big challenge for this year is for retailers and producers to reassure Chinese consumers that what they are buying is genuine, as well as good quality.”

China Landscapes 2013 is published by Wine Intelligence and available from the Wine Intelligence Reports Shop, priced at GBP 2500 / USD 4000 / EUR 3200 / AUD 4000 or 5 Report Credits.

Click here to download this press release

Report details:

Further details about the report can be found here.

Requests for purchase should be directed to reports-shop@wineintelligence.com

How the data was collected:

Principal data sources for these reports were Wine Intelligence’s Vinitrac® surveys in each of the three markets in January 2012, plus data from Wine Intelligence market calibration studies, the IWSR and various government statistical bodies. For full details on the methodologies used in Wine Intelligence research, please contact stefanie@wineintelligence.com

About Wine Intelligence Ltd:

Wine Intelligence is the leading research-led strategy consultancy serving the global wine industry. It conducts client-specific research projects to aid companies to gain greater insights into wine markets and wine consumers, and helps business leaders develop business strategy and marketing plans. The company also assists businesses in developing new brands, and in formulating and communicating marketing messages within the industry.

Contacts:

Rui Su, London, London Office, +44 (0) 20 7378 1277 or rui@wineintelligence.com

Stefanie Forster, London Office, +44 (0) 20 7378 1277 or stefanie@wineintelligence.com

Maria Troein, Beijing Office, +86 10 6260 2428 or maria@wineintelligence.com

Pour tout complément d’information sur ce sujet, veuillez contacter Jean-Philippe Perrouty (Directeur, Wine Intelligence France) par email jean-philippe@wineintelligence.com

Para recibir más información en castellano, pónganse en contacto con Natasha Rastegar: natasha@wineintelligence.com

For more information in Chinese, please contact Rui Su: rui@wineintelligence.com


Congratulations to Ross Brown on his Wine Intelligence 10 for 10 Business Award

Wednesday, October 24th, 2012

Ross Brown, Executive Director, was presented with the latest Wine Intelligence 10 for 10 Business Award, in Melbourne, Australia, during the Wine Industry Outlook Conference yesterday.

Mr. Brown (pictured above with Lulie Halstead, Wine Intelligence’s CEO and 10 for 10 Business Award Judge Stephen Strachan, Director of Gaetjens Langley) is the 9th recipient of the award.

The award itself is an original piece of art conceived by Polish artist Anna Kus Park, who has created 10 distinctive paintings, one for each award winner.

Click here to read the full press release


PRESS RELEASE:Nordic countries represent main European opportunities for sales and profit growth

Wednesday, October 10th, 2012

Nordic countries represent main European opportunities for sales and profit growth

Wine businesses searching for growth opportunities in Europe should be thinking primarily about Finland, Norway and Sweden for the next few years, according to a new report from Wine Intelligence, published this week.

Almost 9 in 10 adults drink wine, representing around 13 million adults across the 3 countries, and between a 1/3 and 1/2 of these claim to have a “strong interest” in the category, according to the Nordics Landscapes report. The combined market for wine last year was approximately 33 million cases, all of it imported, putting the Nordics as a bloc ahead of Japan in the league table of wine drinking.

While the wine markets in the 3 countries share many characteristics, there are marked differences between wine consumer behaviour in Finland, Norway and Sweden, according to the report. Beer remains the most popular beverage in Finland and Norway, while wine is top dog in Sweden. Within the wine category, nearly 6 in 10 Swedes say they drink rosé wine, compared to just a third in Finland.

One of the main shared traits between markets is the adherence to a system of state-controlled retail monopolies, which prevents discounting and other price based promotions, and encourages involvement and education in the category through well trained staff and well-maintained merchandising.

Maria Troein, Nordics Landscapes project manager at Wine Intelligence, said: “I think it’s fair to regard Sweden, Norway and Finland as three rare good news stories in a European wine market that has been suffering for several years as a result of tax increases and economic uncertainties.”

She added: “The monopoly retail system can take some getting used to, and barriers to entry can be high. However the ultimate consumer is highly involved, willing to pay for quality, and quite brand oriented, which are characteristics that are increasingly tough to find elsewhere in Europe right now.”

The Nordics Landscapes report is published by Wine Intelligence and available from the Wine Intelligence Reports Shop: GBP 2,500 / USD 4,000 / EUR 3,200 / AUD 4,000 or 5 Report Credits.

Click here to download this press release

Report details:

Further details about the report can be found here.

Requests for purchase should be directed to reports-shop@wineintelligence.com

How the data was collected:

Principal data sources for these reports were Wine Intelligence’s Vinitrac® surveys in each of the three markets in January 2012, plus data from Wine Intelligence market calibration studies, the IWSR and various government statistical bodies. For full details on the methodologies used in Wine Intelligence research, please contact stefanie@wineintelligence.com

About Wine Intelligence Ltd:

Wine Intelligence is the leading research-led strategy consultancy serving the global wine industry. It conducts client-specific research projects to aid companies to gain greater insights into wine markets and wine consumers, and helps business leaders develop business strategy and marketing plans. The company also assists businesses in developing new brands, and in formulating and communicating marketing messages within the industry.

Contacts:

Richard Halstead, Wine Intelligence Ltd., +44 (0) 20 7378 1277 or richard@wineintelligence.com

Stefanie Forster, Wine Intelligence Ltd., +44 (0) 20 7378 1277 or stefanie@wineintelligence.com

Pour tout complément d’information sur ce sujet, veuillez contacter Jean-Philippe Perrouty (Directeur, Wine Intelligence France) par email jean-philippe@wineintelligence.com

Para recibir más información en castellano, pónganse en contacto con Natasha Rastegar: natasha@wineintelligence.com

For more information in Chinese, please contact Rui Su: rui@wineintelligence.com


PRESS RELEASE: Australia’s wine consumers evolving into more engaged, value-conscious shoppers

Thursday, September 13th, 2012

Australians are becoming more knowledgeable, confident and experimental in their wine tastes, while keeping a sharp eye on prices, according to new research published by Wine Intelligence.

The Australian market for wine is now the 11th largest in the world, accounting for 51 million cases of wine a year, according to the Australia Landscapes report, a handbook for producers and distributors who are interested in improving their market understanding.

Aussie wine consumers of today have a broader repertoire of wine styles, varietals and countries of origin compared with two years ago, thanks to a greater choice in the wine aisles, in part due to the growing presence of imported wines on bottle shop shelves.
According to Australia Portraits, the latest update of the Wine Intelligence segmentation model for Australian wine consumers, the two most involved groups – dubbed Adventurous Connoisseurs and Developing Drinkers in the report – now account for over half of all spending on wine, despite accounting for only 29% of the wine drinking population, or about 3.4 million individuals.

At the same time, price and promotions are growing in importance as drivers of purchase, and Australians are increasingly turning to technology to help them source the wines they want at the best prices. According to the Australia Internet and Social Media Report around 40% of Australian wine drinkers – about 4.5 million individuals – regularly access the internet to check wine information, chiefly prices and availability.
They are also increasingly using their smartphones and tablets in the wine aisle, and in restaurants, to understand more about their purchase than they’re being told on a shelf talker or wine list.

Stephanie Duboudin, Australia Country Manager for Wine Intelligence, said: “It’s encouraging to see that people in Australia are more into their wine than ever before, and more of them are deploying new technology to gather information about the category.”
She added: “For now there are relatively few consumers taking the next step and buying their wines online, though I expect this will change now that more mainstream retailers offer this option.”

The reports referred to here are published by Wine Intelligence and available from the Wine Intelligence Reports Shop: Landscapes and Portraits each GBP 2500 / USD 4000 / EUR 3200 / AUD 4000 or 5 Report Credits; Internet and social media is GBP 1500 / AUD 2400 / USD 2400 / EUR 1920 or 3 Report Credits.

Discount bundle price offer for all 3 reports and a complementary workshop to bring the insights to life for your team is GBP 3700 / AUD 5900 / 5900 USD / 4800 EUR. Contact Wine Intelligence for details.

Click here to download this press release

Report details:

Further details about the Australia reports:

  1. Landscapes
  2. Internet and Social Media for wine
  3. Portraits segmentation

Requests for purchase should be directed to reports-shop@wineintelligence.com

How the data was collected:

Principal data source for these reports was Vinitrac® Australia 2012 – the Wine Intelligence online consumer survey. For full details on the methodologies used in Wine Intelligence research, please contact stefanie@wineintelligence.com.

Contacts:

Richard Halstead, Wine Intelligence Ltd., +44 (0) 20 7378 1277 or richard@wineintelligence.com

Stefanie Forster, Wine Intelligence Ltd., +44 (0) 20 7378 1277 or stefanie@wineintelligence.com

Pour tout complément d’information sur ce sujet, veuillez contacter Jean-Philippe Perrouty (Directeur, Wine Intelligence France) par email jean-philippe@wineintelligence.com

Para recibir más información en castellano, pónganse en contacto con Natasha Rastegar: natasha@wineintelligence.com

 


PRESS RELEASE: China’s wine market faces growing pains as consumer tastes evolve, according to new report

Friday, August 17th, 2012

The long term health of the Chinese wine market rests on its ability to engage more consumers who buy wines for social or domestic use rather than for a business obligation, according to new research published by Wine Intelligence today.

China Portraits is the first published study that establishes a consumer segmentation of Chinese wine drinkers, and is the culmination of 2 years of quantitative and qualitative research by Wine Intelligence in the Chinese market.

The segmentation shows that the Chinese market remains highly reliant on a segment of wine consumers who are buying very expensive wines as part of a business obligation. These “Prestige-seeking Traditionalists” make up 22% of the wine drinking population but over 40% of spend. These individuals are typically purchasing top end Bordeaux and Burgundy for business dinners and gifts, but are unlikely to venture beyond prestige wines to buy more everyday brands for their own consumption.

By contrast, the two segments of consumers who drink wine for pleasure – middle aged couples and younger social drinkers – account for nearly half of the current wine drinking population but only a third of sales by value. These two segments, dubbed “Social Newbies” and “Casual-at-Homers” in the China wine consumer segmentation, tend to dominate wine sales in more mature markets.

Maria Troein, Wine Intelligence Country Manager for China and the report’s author, said the Chinese wine market was still at an early stage of development, and it would take a number of years before the wine culture of mature consumption markets such as the USA and northern Europe took hold.

“I think the China Portraits segmentation has really brought home the fact that wine as an everyday social drink is still a relatively small part of this market.”

She added: “Nonetheless, there are encouraging signs that there are sections of the market who find wine interesting and appealing for reasons that go beyond social prestige. As the market evolves, the big question for us will be to see whether this remains a niche group of enthusiasts, or whether we begin to see a larger segment of consumers picking up a bottle of wine as a natural, everyday choice.”

China Portraits is published by Wine Intelligence and available from the Wine Intelligence Reports Shop, priced at GBP 2500 / USD 4000 / EUR 3200 / AUD 4000 or 5 Report Credits.

Click here to download this press release

Report details: Further details about the report can be found here.

Requests for purchase should be directed to reports-shop@wineintelligence.com

How the data was collected:

Quantitative: Collected in July 2011, November 2011 and May 2012 via Wine Intelligence’s Vinitrac® online survey with 3,020 Chinese upper middle class drinkers of imported wine in Beijing and Shanghai, Guangzhou, Wuhan, Chengdu and Shenyang.
Qualitative: Collected primarily through a programme of 40 face-to-face in-depth interviews with Chinese consumers of imported wine, conducted between April and May 2012 in Beijing and Shanghai.

Contacts:

Richard Halstead, Wine Intelligence Ltd., +44 (0) 20 7378 1277 or richard@wineintelligence.com

Stefanie Forster, Wine Intelligence Ltd., +44 (0) 20 7378 1277 or stefanie@wineintelligence.com

Pour tout complément d’information sur ce sujet, veuillez contacter Jean-Philippe Perrouty (Directeur, Wine Intelligence France) par email jean-philippe@wineintelligence.com

Para recibir más información en castellano, pónganse en contacto con Natasha Rastegar: natasha@wineintelligence.com

For more information in Chinese, please contact Jenny Li: jenny@wineintelligence.com


PRESS RELEASE: British wine consumers spending more on fewer bottles of wine and becoming more conservative in their tastes, according to latest Market Trends report

Thursday, August 9th, 2012

Consumers in the UK are drinking less wine and continuing to shun the on-trade, according to new research published today by Wine Intelligence.

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PRESS RELEASE: Wine drinkers happy to hit the bottle, at least for now, according to a new packaging report

Friday, July 27th, 2012

UK wine consumers are surprisingly adventurous in their choices of wine packaging, which could eventually mean the traditional 75cl bottle may lose its stranglehold on the market.

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PRESS RELEASE: Chinese consumers open to “elegant contemporary” wine label styles, according to new report

Monday, July 9th, 2012

Chinese wine consumers may still revere traditional labels on the wines they buy, but they are open to more contemporary interpretations, according to new research published by Wine Intelligence.

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PRESS RELEASE: China’s wine market will feature more white wines and sweeter reds in the future, says Chinese wine trade

Monday, April 16th, 2012

The next phase of China’s growing love affair with imported wine will feature sweeter styles of red wine and the emergence of white wine as a substantial player in the market, according to a new study published today.

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PRESS RELEASE: US direct-to-consumer wine sales have huge potential, according to new report

Wednesday, March 28th, 2012

The direct-to-consumer sales channel in the USA is set to drive the growth of wine consumption over the next ten years, with sales in this channel rising from 7 million 9L cases in 2011 to around 22 million by 2021, according to a new report published today.

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