What Happened in April?
April was full of updates and trend changes within the beverage alcohol, retail, and luxury industries. We aggregated the most important news and tidbits in one place so you can quickly get up to date.
- WSWA’s 73rd Annual Convention and Exposition took place last week – which was a huge hit for the hundreds of attending suppliers and distributors.
- An invention in Charleston, South Carolina, can age spirits 20 years in a week – leading to the nickname “Frankenstein booze.”
- Brick-and-mortar remains a favorite avenue for consumer purchasing, despite growth in digital retailing.
- A hops shortage could brew trouble for the craft beer industry.
- Unseasonably warm weather is challenging clothing retailers to balance inventory.
- The Europe Bio-alcohol 2016 Market Research Report has been released – which includes an overview of the industry, current trends and policies.
- Research and smartphones have added to the difficulty of marketing to Millennials.
- The optimal in-store experience differs by generation.
- An incentive program in Germany will put $1.4 billion toward electric cars.
- Despite being the world’s largest wine producer last year, Italy’s wine drinking has dropped to an all-time low.
- Changes in Colorado law may drastically affect the state’s independent liquor stores.
- BrightFarms has a goal – and solution – to provide fresh, local produce in cities nationwide.
- The industry composed of counterfeit goods and trade is worth as much as $461 billion.