Blog: On the Floor at LIWF - Day Three
Chris Mercer | 19 May 2011
The party's almost over and I may need a caffeine drip attached to my person, but it's been a lively day three for just-drinks at the London International Wine Fair.
Actually, I'm going to rewind to the end of day two in order to mention just-drinks' State of the Nation debate. Is the UK finished? That was the question we posed yesterday. On a show of hands, and on a first-past-the-post basis, the optimists just about inched ahead among the hundred-strong audience.
Treasury Wine Estates' general manager for the UK and Ireland, Dan Townsend, said that, in terms of prospects for making a profit, the UK has moved from being average-to-low to "Somewhere between low and not very attractive at all".
There are, however, a wide range of views on the state of things and on what can be done about it. Just this afternoon, I met with Grupo Codorniu's MD, Nick Mantella, who is more of the opinion that things have always been extremely competitive in the UK.
Plenty of people still want to be here, it seems. That includes Wines of Brasil, which is making its seventh appearance at LIWF (not its debut, as I initially thought). As of last year, the UK has become the top export market by value for Brazilian wines.
That said, a growing number of wine groups appear to be looking east, too. The seminar on Russia's wine industry (and the complicated process of getting into it) was well-attended in the briefing theatre today.
At the show more generally, things are starting to wind down. A number of journalists are beginning to gather to chew the fat (myself excluded at this moment, I must add).
The initial reports are that numbers are flat-ish against the previous year. That said, many people on the stands here have told me that they are happy with how the show has gone.
Whenever we read anything about Millennial consumers, there is almost always mention of the personalisation trend as well as the importance of social media....
Ever wondered what fuels Anheuser-Busch InBev's acquisitional drive? Is it naked ambition? Faith? The good of mankind?...
Anheuser-Busch InBev is reportedly calling a halt to its Seth Rogan and Amy Schumer Bud Light campaign in the US....
Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....
- Diageo NA head on Trump, Millennials, Bourbon
- Has Millennial-mania drowned out elder consumers?
- Interview - Loch Lomond GTR head Andre de Almeida
- Trump, local spirits and the IR role - The Analyst
- Absolut and Smirnoff's conflicting Millennial view
- Beam Suntory opens global headquarters in Chicago
- Diageo wine assets integration head to leave TWE
- Absolut not "sufficiently focussed" on Millennials
- Molson Coors names UK & Ireland managing director
- TWE renames Blossom Hill fruit wine range