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Saturday 3 December 2016 loc: US

Business

‘Get a grip’, Virgin Wine boss warns industry

Virgin Wine’s boss Jay Wright has warned the UK drinks trade against running down the UK wine market in the wake of the volatile exchange rate and Brexit.

Wednesday, October 26th, 2016 1 Comment »

‘Red dawn’ for Australia as China boosts grape prices

A “red dawn” is rising over Australia, according to Rabobank, with grape prices rallying from their 2011 low, driven by the Chinese market and demand for cool climate reds.

Wednesday, October 26th, 2016 No Comments »

California 2016: ‘average’ yields ‘exceptional’ fruit

California’s 2016 wine harvest has resulted in average yields but “exceptional fruit”, according to the California Department of Food and Agriculture.

Friday, October 21st, 2016 No Comments »

LCB opens eighth UK warehouse

London City Bond (LCB) has opened a new 100,000 square foot warehouse in the UK as part of its continued plan for growth and expansion within the bonded warehousing sector.

Friday, October 21st, 2016 No Comments »

Good Q1 for Pernod despite currency woes

Dynamic sales in the USA boosted Pernod Ricard’s first quarter, but the company was hit by the foreign exchange volatility.

Thursday, October 20th, 2016 1 Comment »

China topples US as Australia’s top export market

China has overtaken the US to become Australia’s most valuable export market, fuelled by the increased demand for higher priced bottled wine.

Thursday, October 20th, 2016 1 Comment »

Price of wine will rise as value of pounds drops 15%

Wine imported into the UK from EU countries is expected to increase by as much as 29p a bottle due to the continued devaluation of the pound, the Wine and Spirits Trade Association has warned.

Wednesday, October 19th, 2016 2 Comments »

Government publishes post-Brexit export plans

The government has sought to calm fears over UK trade following Brexit by publishing a template to boost exports of British booze globally.

Tuesday, October 18th, 2016 No Comments »

Tesco sees growth – but grocery inflation is set to rise

Tesco is back in ‘healthy growth’ but there are signs that the overall price of groceries is set to rise before the end of the year, Kantar Worldpanel has warned.

Tuesday, October 18th, 2016 No Comments »

India key target for Scotch post-Brexit

The SWA has renewed calls for the UK government to negotiate new trade deals for Scotch post-Brexit, flagging India as the market with the most long-term potential for growth.

Thursday, October 13th, 2016 No Comments »

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