‘Generational shift’ towards sparkling wine behind strong sales, says UK’s Chapel Down
Kent-based producer sees better-than-expected 19% sales rise on back of millennials’ preference for ‘lighter, crisper style of wine’Chapel Down has credited a “generational shift” towards sparkling wine for strong sales growth last year.The Kent-based wine maker, which listed on the Aim junior stock market in 2023, said sales rose by a better-than-expected 19% to £19.4m in the year to 31 December, led by a 38% increase in retail sales as well as strong exports. Continue reading...
Kent-based producer sees better-than-expected 19% sales rise on back of millennials’ preference for ‘lighter, crisper style of wine’
Chapel Down has credited a “generational shift” towards sparkling wine for strong sales growth last year.
The Kent-based wine maker, which listed on the Aim junior stock market in 2023, said sales rose by a better-than-expected 19% to £19.4m in the year to 31 December, led by a 38% increase in retail sales as well as strong exports. Continue reading...
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