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Nov. 13, 2024
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Food and beverage

For first time in 45 years, spirits surpass wine in sales: report

February 14, 2024

Last year marked the first time in 45 years that spirits surpassed vino in sales. Image credit: LVMH/Cloudy Bay Last year marked the first time in nearly half a century that spirits garnered more sales than wine, though top-tier growth is changing the segment's outlook. Image credit: LVMH/Cloudy Bay

 

By Emily Iris Degn

The U.S. wine industry concluded 2023 with mixed results, but the high-end sector saw some gains.

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  1. Diageo launches new division for luxury brands, experiences
  2. Artist Esther Mahlangu to debut new work at SCOPE Art Show’s 2024 Miami edition
  3. Nearly 40pc of fashion execs foresee industry conditions worsening in 2025: McKinsey
  4. Rolls-Royce brings new showroom to Abu Dhabi
  5. Loro Piana, Harrods celebrate holidays
  6. Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear
  7. ‘Hermès in the Making’ pop-up continues world tour in Zurich
  8. Manolo Blahnik opens first Shanghai store
  9. Bridging the generational divide in luxury fashion
  10. Marina Bay Sands goes ‘Above Beyond' with multimillion-dollar rebrand
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Loro Piana, Harrods celebrate holidays
Luxury Unfiltered: Crisis or opportunity? Why luxury brands must focus on strategy, not fear

Loro Piana, Harrods celebrate holidays
Diageo launches new division for luxury brands, experiences
Manolo Blahnik opens first Shanghai store