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Tuesday 21 April 2015

Business

Inquiry launched over £445 million USL loss

United Spirits has revealed a net loss of £445 million, prompting majority owner Diageo to launch an investigation.

Friday, September 5th, 2014 No Comments »

William Grant posts £1.12 billion turnover

Hendricks Gin has helped boost the annual turnover of William Grant & Sons to a record £1.12 billion, a 5.2% increase on the previous year.

Friday, September 5th, 2014 No Comments »

‘China downturn deeper than anticipated’

Several years of heavy investment in China has been blamed by many spirits producers as the root cause of a string of depressed annual results.

Friday, September 5th, 2014 No Comments »

Argentine wine prices withstand crisis

The price of Argentine wines will remain stable, according to one importer, despite the country being in the grip of an economic crisis.

Wednesday, August 20th, 2014 3 Comments »

Carlsberg hit hard by Russia crisis

Carlsberg has warned its profits are likely to take a tumble this year due to increasing tensions between the Ukraine, Russia and the West.

Wednesday, August 20th, 2014 No Comments »

Alcohol tax could fund addicts’ treatment

A new tax could be levied on sales of alcohol to fund the treatment of drink and drug addicts.

Monday, August 18th, 2014 2 Comments »

Diageo cuts bosses bonuses

Diageo’s top executives have taken a hit on bonuses after the company’s net sales dropped by more than a billion pounds.

Friday, August 15th, 2014 No Comments »

Second offer for Treasury Wine Estates

Australia’s Treasury Wine Estates has received a second multi-billion-dollar offer, sparking a bidding war for ownership of the troubled wine company.

Monday, August 11th, 2014 No Comments »

Franciacorta sees UK sales double

UK sales of Franciacorta wines doubled in the first six months of 2014 with ramped up communications credited for raising greater awareness of its wines.

Tuesday, August 5th, 2014 No Comments »

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 »

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