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Wednesday 10 February 2016

Business

Sparkling wine ‘the hottest category in the world’

Sparkling wine is expected to drive a 1.8% increase in UK wine consumption from 2015 to 2019, tracking above the global average of 1.4%, with Prosecco dominating the market.

Wednesday, February 10th, 2016 No Comments »

Rioja records third year of growth

Rioja has reported a third consecutive year of growth confirming reserva to be its fastest-growing category, highlighting an increasing willingness by consumers to trade up.

Tuesday, February 9th, 2016 No Comments »

China ‘rebound’ helps boost LVMH sales

LVMH’s wine and spirits division achieved revenue growth of 16% in 2015, driven by “strong momentum” in Europe, the US and Japan and continued “normalization” in China.

Wednesday, February 3rd, 2016 No Comments »

Bacardi fights back against Havana Club ruling

Bacardi has filed a Freedom of Information request to expose the rationale behind the controversial decision to hand the Havana Club rum trademark to the Cuban government.

Monday, February 1st, 2016 3 Comments »

Chile overtakes France as top imported wine in Japan

Imports of Chilean wine have surpassed those from France in Japan for the first time, with Chile now the country’s top imported wine by origin.

Friday, January 29th, 2016 No Comments »

Badet Clément completes trio of acquisitions

Burgundian negociant Badet Clément has completed its third vineyard acquisition of 2015 in the Languedoc with the purchase of Domaine du Trésor.

Monday, January 25th, 2016 No Comments »

Online helps boost Virgin Wines’ sales by 12%

Virgin Wines has reported its strongest ever Christmas trading period, with like-for-like sales growing by 12% during the six weeks ending 2 January 2016, boosted by its online shopping channels and gifting service.

Wednesday, January 20th, 2016 No Comments »

Argentine exports to enter period of ‘solid growth’

Argentina’s economy is “poised for a period of solid growth” that will extend to the wine trade following the elimination of the country’s export tax and devaluation of the Peso, Rabobank analysts have predicted.

Wednesday, January 20th, 2016 No Comments »

Diageo out of ‘hall of shame’

UK drinks giant Diageo has been removed from the ‘Hall of Shame’ after taking steps to speed up payments to small businesses.

Wednesday, December 23rd, 2015 No Comments »

Heineken takes control of Red Stripe

Heineken will take control of Jamaican lager Red Stripe in the UK from 1 January 2016, following a global deal with Diageo worth US$780.5 million.

Monday, December 21st, 2015 No Comments »

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