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Sunday 29 March 2015

Business

Five key spirits trends for 2015

Drinking vinegar, raki and Japanese whisky are just some of the trends predicted to take the spirits world by storm in 2015.

Tuesday, February 24th, 2015 No Comments »

AV pushes brands over bulk

Australian Vintage has reported a 16% rise in total revenue in its half year results, boosted by a double digit increase in sales of its branded wines.

Thursday, February 19th, 2015 No Comments »

Majestic Wine CEO steps down

Majestic Wine CEO Steve Lewis has stepped down with “immediate effect” as the company moves into a “crucial stage” in its development, it has been announced.

Thursday, February 19th, 2015 1 Comment »

New CEO for Carlsberg as beer sales drop

Carlsberg has announced Cees ‘t Hart, currently CEO of Dutch dairy company Royal Friesland Campina, as its new CEO.

Wednesday, February 18th, 2015 No Comments »

Russia faces wine import battle

Russia’s second biggest importer of French wines has announced the imminent bankruptcy of five of its companies, prompted by the collapse of the ruble.

Wednesday, February 11th, 2015 1 Comment »

Conviviality spends £6m on new stores

UK off-licence group Conviviality Retail has expanded its portfolio with the acquisition of 37 new stores in a deal worth £6 million

Wednesday, February 4th, 2015 No Comments »

Diageo reports lower than expected sales

Diageo’s overall revenue fell flat in the first half, with the continued slowdown in China, Russia and North America hampering its efforts to return to growth.

Thursday, January 29th, 2015 2 Comments »

Scotch industry ‘bigger than iron and steel’

The Scotch whisky industry is now bigger than the UK’s iron and steel, textiles, shipbuilding and computing industries, contributing £5 billion to the UK economy each year.

Wednesday, January 28th, 2015 No Comments »

Diageo to delay payments to suppliers

Diageo has warned suppliers that it will in future take three months to pay its bills, increasing its payment contract from 60 to 90 days.

Tuesday, January 27th, 2015 8 Comments »

Millennials driving premium wine trade

Millennials are driving premiumisation in the wine trade, but producers are struggling to take advantage of increased demand, according to Rabobank.

Wednesday, January 21st, 2015 1 Comment »

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