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What the debate about wine and health gets wrong // In ‘diabolical trouble’ – How big wine brands fell out of favour

August 16, 2024 - Wine Industry Insight Daily News Feed

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According to IWSR Bevtrac consumer research undertaken in April 2024, although sentiment about personal finances is starting to show signs of recovery, recalled spend on alcohol in the past six months remains subdued. ‘There is quite a strong correlation here, particularly for the mature markets,’ says Richard Halstead, COO Consumer Research, IWSR. ‘The data suggests that increased financial control may be a precursor to recovery in alcohol spend.’”

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