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Friday 1 August 2014

Business

Diageo net sales drop by £1.1 billion

Diageo has blamed a net sales loss of £1.1 billion in 2014 on weak emerging markets and a continued slowdown in China.

Thursday, July 31st, 2014 1 Comment »

Aussie wine industry in tax clampdown

The Australian Taxation Office has warned the wine industry not to abuse the system by unfairly claiming hundreds of thousands of tax rebates each year.

Wednesday, July 30th, 2014 No Comments »

Supermarket bans super-strength cans

Morrisons has become the first UK retailer to stop selling cans with more than four units of alcohol in a single serve.

Wednesday, July 30th, 2014 1 Comment »

LVMH profits hit by China slump

Destocking in China continued to impact Moët Hennessy Louis Vuitton (LVMH) in the second half of 2014, which has posted a 15% drop in profits in its wine and spirits portfolio.

Tuesday, July 29th, 2014 No Comments »

Tesco exec new chair of standards body

Tesco’s licensing manager has been appointed chairman of the UK’s retail alcohol standards group.

Wednesday, July 23rd, 2014 No Comments »

Bordeaux wines enjoy off-trade boom

Off-trade volume sales of Bordeaux wines grew by 13.9% in the last six months, despite a decline of 2.6% to the total UK off-trade market.

Wednesday, July 23rd, 2014 No Comments »

Aussie wine value rises as volume drops

The average value of Australian wine exports has increased, despite volume decreasing by 6% over the past 12 months.

Tuesday, July 15th, 2014 No Comments »

World Cup UK sales boost fizzles out

Total sales of drinks in the UK during the World Cup are expected to top at £1bn as it draws to a close this week, but sales overall have failed to fizz.

Friday, July 11th, 2014 No Comments »

Chilean winemakers in fear of tax hike

A proposed tax hike could force some Chilean winemakers and grape growers out of business, it has been reported.

Thursday, July 10th, 2014 No Comments »

AB InBev buy Czech brewery in Bud battle

A Czech brewery has been bought by AB InBev in an attempt to strengthen its claim on the brand amid a battle with a Czech competitor.

Friday, July 4th, 2014 No Comments »

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