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Sunday 31 July 2016 loc: US

Business

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 »

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 »

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