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Sunday 26 October 2014

Business

Pernod results mark global turning point

Pernod Ricard’s recent sales figures have confirmed a trend of small but gradual improvement in the global trading environment.

Friday, October 24th, 2014 No Comments »

LVMH sees wine and spirit growth stall

LVMH has reported a 4% increase to its revenue for the first nine months of 2014, however wine and spirits was its only category not to achieve any growth.

Wednesday, October 15th, 2014 No Comments »

Tesco’s Dan Jago suspended

Tesco has suspended three executives – including its director for beer, wine and spirits – as part of an investigation into a £250 million profit overestimation.

Tuesday, October 14th, 2014 2 Comments »

Pernod Ricard in tax turmoil

Pernod Ricard’s South Korean arm has allegedly been fined 10 billion Korean won (£5m) by the country’s National Tax Service.

Tuesday, October 14th, 2014 No Comments »

Global wine production set to drop

Wine grape production is set to decline across nearly every major wine producing region in the world in 2014, according to analysts at Rabobank.

Tuesday, October 14th, 2014 No Comments »

Oddbins bolsters German wine selection

Oddbins has increased its focus on German wines to raise awareness of the country’s more interesting styles, emphasising it’s “not all about Riesling”.

Monday, October 13th, 2014 1 Comment »

Formal bids made for Treasury

Australia’s Treasury Wine Estates has received formal takeover offers from two private equity firms, according to the Australian Financial Review.

Friday, September 26th, 2014 No Comments »

Shareholders back ‘excessive’ Diageo bonuses

Diageo has garnered “overwhelming support” from its shareholders for bonuses criticised by some as “excessive” at its annual meeting.

Friday, September 19th, 2014 No Comments »

Innis & Gunn breaks £10 million barrier

Scottish brewer Innis & Gunn has reported a record turnover of £10.5 million – up 15% on last year and breaking through the £10m mark for the first time.

Thursday, September 18th, 2014 No Comments »

Ad mogul gives cutting critique of wine trade

The wine industry is “peculiar, fragmented, confusing and impenetrable” and lacks innovation, according to one of the UK’s foremost figures in advertising.

Thursday, September 18th, 2014 7 Comments »

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