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Saturday 1 August 2015

Business

LVMH posts strong first quarter profits

LVMH has posted a first quarter revenue increase of 16%, rising to €8.3 billion, but its wines and spirits division continued to lag.

Tuesday, April 14th, 2015 No Comments »

Constellation sees 24% net sales increase

Constellation Brands has reported a 24% increase to net sales in its 2015 end of year results, largely propelled by its Mexican beer business.

Thursday, April 9th, 2015 No Comments »

Diageo takes control of United National Breweries

Diageo has taken control of South Africa’s United National Breweries, having acquired the remaining 50% stake it did not already own.

Thursday, April 2nd, 2015 No Comments »

Canada’s taste for English gin ‘soaring’

Grape-distilled English gin Chilgove will be available in Canada from April, with interest in the spirit said to be “soaring”.

Thursday, April 2nd, 2015 No Comments »

BrewDog reports 69% profit rise

Scottish brewer BrewDog has reported a 69% increase in profit, marking a sixth consecutive year of record growth as its turnover continues to rocket.

Thursday, April 2nd, 2015 No Comments »

Bacardi claims stake in artisan Scotch

Bacardi has confirmed it has acquired a minority stake in independent Scotch whisky producer Compass Box – two days after entering the Bourbon market.

Wednesday, April 1st, 2015 No Comments »

Marston’s buys rival Thwaites for £25m

UK pub group and brewer Marston’s has bought rival Daniel Thwaites’ beer division in a cash deal worth £25.1 million.

Tuesday, March 31st, 2015 No Comments »

Top 10 vodka brands

In an ever-crowded and competitive market the world’s biggest vodka brands have had to up their game in recent years to keep ahead of the pack.

Monday, March 30th, 2015 No Comments »

Gap for premium brandy in US worth $1bn

An untapped gap in the US market for premium brandy could be worth nearly $1 billion, if producers are able to capitalise on its potential, according to Rabobank.

Wednesday, March 25th, 2015 No Comments »

UK on-trade maintains post-recession growth

The UK’s major on-trade outlets saw like-for-like sales edge up 1.6% in February, continuing a near two-year trend of post-recession growth, according to the Coffer Peach Business Tracker.

Thursday, March 12th, 2015 No Comments »

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