The Winding Glass: Seafood Industry Not Alone as Consumers Rotate Away From Expensive Products
The Financial Times recently caught my eye with this headline: “Drinks groups mistook a pandemic bump for a long-term shift.” Uh-oh I thought. Are Scotch and Vodka producers in trouble?
Brooke Masters’ story could be lifted word for word from the seafood industry. Covid lockdowns scrambled consumers’ relationship with alcohol, driving down drinking at bars and restaurants while boosting retail sales. Global consumption fell and is below where it would have been without the pandemic...
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