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Sunday 25 September 2016 loc: US

Business

Diageo on track for good performance, CEO says

Diageo has reported a good start to its financial year on the back of the momentum it created last year, its chief executive has said.

Thursday, September 22nd, 2016 No Comments »

Travel retail market shrinks but malt whisky holds its own

Blended whisky brands declined in the travel retail market according to the latest figures from the International Wine & Spirits Research – but malts have continued to hold their own.

Wednesday, September 21st, 2016 No Comments »

Discounters drive UK supermarket growth

The UK supermarket sector has recorded two consecutive months of growth in both volume and value sales for the first time in two years, according to Nielsen.

Wednesday, September 21st, 2016 No Comments »

Majestic drops profit projections by £4m

Majestic Wine has launched an internal review after warning that its profits could drop as much as £4m below expectations for the current financial year.

Wednesday, September 21st, 2016 1 Comment »

Diageo considering job cuts at London HQ

Diageo is said to be reviewing staff levels as it works to make savings of £500m, with speculation mounting that jobs may be cut from its London HQ and global operations team.

Tuesday, September 20th, 2016 No Comments »

Scotch battles back from decline

Volumes of Scotch exports grew by 3.1% in the first half of 2016, marking another turning point in the category’s fortunes following several years of decline.

Friday, September 16th, 2016 No Comments »

Morrison reports positive progress, despite flat turnover

UK multiple Morrisons has reported flat turnover in the first half of the year, despite the stabilisation of like-for-like sales in the six months to 31 July.

Thursday, September 15th, 2016 No Comments »

UK not starting with ‘blank piece of paper’ post-Brexit, former Trade Minister argues

The UK is not starting with a blank piece of paper when it comes to negotiating trade agreements outside the EU, the former Minister for Trade and Minister for Europe told the wine and spirit industry – and it is not in Europe’s interests to ‘punish” the UK.

Thursday, September 15th, 2016 No Comments »

WSTA sets out its plans for post-Brexit landscape

Brexit is set to be the “overwhelming” priority of the WSTA over the next few years, CEO Miles Beale told members at its annual conference – but the wider industry also needs to also take a lead in forming the post-Brexit landscape.

Thursday, September 15th, 2016 No Comments »

Ian Macleod Distillers buys Edinburgh Gin

Ian Macleod Distillers has acquired the Spencerfield Spirit Company, including its flagship brand, Edinburgh Gin.

Wednesday, September 14th, 2016 No Comments »

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