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Friday 26 August 2016 loc: GB

Business

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 »

UK gin sales break £1bn for the first time

Brits are expected to drink 29 million litres of gin in 2015 with sales breaking £1 billion for the first time, up 25% since 2012.

Friday, December 18th, 2015 No Comments »

Gallo triples production capacity in Napa

Gallo has tripled its production capacity in Napa Valley with the purchase of The Ranch Winery, a grape-crush facility with a capacity of 30,000 tons.

Thursday, December 17th, 2015 No Comments »

Cotswold Distillery to crowdfund £1m expansion

An English distillery has reached its crowdfunding target of £500,000 in just one week, unveiling plans to launch a new whisky and double its production of the spirit.

Tuesday, December 15th, 2015 No Comments »

AB InBev to list on South African stock exchange

Anheuser-Busch InBev has announced plans to list on the Johannesburg Stock Exchange in January following its £71 billion takeover of SABMiller.

Monday, December 14th, 2015 No Comments »

Gallo to distribute Whyte and Mackay in the US

E&J Gallo Winery is to become the exclusive US importer for Whyte & Mackay, whose portfolio includes its Whyte & Mackay blended Scotch whiskies and single malt Scotch whiskies The Dalmore and Jura.

Wednesday, December 2nd, 2015 No Comments »

Diageo completes £117m South Africa restructure

Diageo has terminated a series of joint ventures with both Heineken and the Ohlthaver & List group, which holds a majority stake in Namibian Breweries, in South Africa.

Tuesday, December 1st, 2015 No Comments »

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