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Thursday 2 July 2015

Business

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 »

Bordeaux ‘outpacing’ Burgundy on Liv-ex

Bordeaux has found a level at which buyers are prepared to return to the market and is beginning to outpace Burgundy and Champagne, says Gibbs.

Wednesday, January 21st, 2015 No Comments »

Oregon wine industry continues to boom

Outside investment and a focus on the high-end wine market helped Oregon winemakers boost revenues by 49% between 2010 to 2013.

Wednesday, January 21st, 2015 No Comments »

AB InBev under fire over payment contracts

AB InBev has been blasted by the UK’s business minister for making suppliers wait up to four months for payment, branding its terms “entirely unacceptable”.

Monday, January 19th, 2015 1 Comment »

Magners cider owner reports profit drop

The owner of Irish cider brand Magners has warned its operating profits will be €10m lower than expected after a near 10% drop in sales in England and Wales.

Friday, January 16th, 2015 1 Comment »

Alliance Wine buys importer Rhone to Rioja

Alliance Wine has completed its purchase of specialist agent and importer Rhone to Rioja.

Thursday, January 15th, 2015 No Comments »

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