Super-premium drinks
The Bottom Line
BBC
4.6 • 615 Ratings
🗓️ 15 November 2018
⏱️ 28 minutes
🧾️ Download transcript
Summary
There has been an explosion in the number of craft ale breweries and small-scale gin distilleries in recent years. The so-called super premium alcohol sector is growing. Why are these drinks popular among consumers? Is this a passing fad or is the drinks business facing fundamental change? Evan Davis and guests discuss.
Guests:
Tina Warner-Keogh, partner and co-owner of Warner Edwards Gin Distillery Laura Edwards, general manager at Meantime Brewing Company and Andrew Geoghegan, global consumer planning director at Diageo
Transcript
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| 0:00.0 | In this edition of the bottom line, we're looking at the business of booze, |
| 0:04.1 | and in particular the rise of so-called super-premium alcoholic drinks. |
| 0:09.1 | Hello, welcome to the programme. |
| 0:11.0 | One of the most famous images of 18th century Britain is William Hogarth's Gin Ali, |
| 0:16.1 | a fictional London street populated by drunks, criminals, the diseased, |
| 0:20.5 | and unfortunate women neglecting their |
| 0:22.4 | children, all because of their overconsumption of gin, or so-called mother's ruin. Well, we've come a long |
| 0:29.9 | way since then. The product has a classier image now, not least because of a surge in top-end |
| 0:35.2 | suppliers. It's less about the quantity, the quality is what |
| 0:39.2 | matters. Similarly in beer, recent decades have seen the rise of craft beers. Watney's red barrel |
| 0:45.0 | is but a distant memory. Alcohol provides a perfect case study of a sector moving inexorably up |
| 0:51.1 | market, at least for a portion of consumers. |
| 0:57.5 | So today, we'll look at the dynamics of super premium drinks. |
| 0:59.8 | Why have they taken over? Will they last? |
| 1:04.0 | And what does their success say about consumer behaviour more generally? |
| 1:09.1 | Well, I'm with three guests who have thought more about this than most, so let us meet them. |
| 1:15.8 | And first, Tina Warner Keough, partner and co-owner of Warner Edwards' gin distillery in Northamptonshire. |
| 1:18.2 | So tell us a little about the business, Tina. |
| 1:19.3 | The business. |
| 1:21.5 | We're farm-based distillery. |
| 1:28.4 | When we started back six years ago, we had one mission, which was to save the world from mediocre gin and little did we know how big the gin market would get at that point in time there |
| 1:36.5 | was very few people in the market how much in a year then are you making what are we talking about |
... |
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