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Monday 3 August 2015

Business

German man launches ‘Grexit’ vodka

A German entrepreneur has trademarked the word “Grexit”, referring to Greece’s possible exit from the Euro, and is launching a satirical vodka-based drink off the back of it.

Tuesday, July 7th, 2015 No Comments »

Molson Coors UK acquires Rekorderlig

Molson Coors UK has acquired the rights to Swedish cider Rekorderlig in the UK – its first foray into the premium cider category.

Thursday, July 2nd, 2015 No Comments »

Yealands sells majority stake

Yealands Family Wines’ owner Peter Yealand has agreed to sell 80% of the company to a Marlborough-based business for NZ$89 million (£38.1m).

Thursday, July 2nd, 2015 No Comments »

Tesco sales take a tumble despite price cuts

Tesco’s like-for-like sales fell by 1.3% in the three months to 30 May, an improvement on the previous quarter and a “step in the right direction”, according to its chief executive.

Friday, June 26th, 2015 No Comments »

Whisky has ‘regained its attractiveness’

Scotch whisky is moving beyond its traditional consumer base and has “regained its attractiveness” following a “challenging year”, according to the CEO of Chivas Brothers.

Tuesday, June 23rd, 2015 No Comments »

Rémy Cointreau in mood for acquisitions

French spirits producer Rémy Cointreau has said it is open to acquiring new brands in an effort to further premiumise its portfolio.

Friday, June 19th, 2015 No Comments »

Emerging markets give Cognac boost

Cognac could soon enjoy a long-awaited boost thanks to an improving picture in China and strength of emerging markets, Rabobank’s Q3 spirits report predicts.

Wednesday, June 17th, 2015 No Comments »

Top 10 biggest drinks industry acquisitions

With Chinese buyers snapping up Bordeaux châteaux at a rate of knots and continued consolidation among former rivals, the drinks world is ever-changing.

Tuesday, June 16th, 2015 No Comments »

Majestic Wine profits fall 22.5%

Majestic Wine has reported a drop in its annual pre-tax profit of 22.5% to £18.4 million in its first annual report since acquiring Naked Wines for £70 million.

Monday, June 15th, 2015 No Comments »

Brown-Forman wages battle for Irish whiskey

Brown-Forman has belatedly joined the Irish whiskey rush with its acquisition of Ireland’s Slane Castle, but is by no means guaranteed success.

Monday, June 8th, 2015 No Comments »

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