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Tuesday 9 February 2016

Business

Sainsbury’s Q2 raises profit expectations

Sainsbury’s is on track for better than expected profits, it reported today, as it released “improved” Q2 results.

Wednesday, September 30th, 2015 No Comments »

Paul Schaafsma to head Accolade Wines

Accolade Wines has promoted its general manager of the UK and Ireland, Paul Schaafsma, to the position of chief executive officer.

Monday, September 28th, 2015 No Comments »

Chapel Down profits soar 31% to £1.7m

Strong wine sales saw profits at English wine producer Chapel Down increase by nearly a third in the six months to 30 June 2015.

Friday, September 25th, 2015 No Comments »

Chivas launches US$1m fund for ‘social entrepreneurs’

As part of its wider global initiative, “The Venture II” by Chivas Regal is on the hunt for Hong Kong entrepreneurs seeking to “create positive social change.”

Thursday, September 24th, 2015 No Comments »

Accolade Wines buys Chile’s Viña Anakena

Accolade Wines has announced its acquisition of Chilean wine producer Viña Anakena, extending its footprint further into the New World.

Monday, September 14th, 2015 No Comments »

Rum fights back against ‘challenging’ market

Europe’s rum consumption fell by 1.5 million litres between 2009 and 2014 driven almost singlehandedly by the Spanish market, according to Rabobank’s Q4 spirits report.

Tuesday, September 8th, 2015 No Comments »

Absolut write-down hits Pernod profits

Pernod Ricard saw sales rise by 8% to almost €8.56 billion in the year to the end of June, but a €404 million write down of its Absolut vodka brand caused net profits to fall by 15%.

Thursday, August 27th, 2015 No Comments »

Kirin buys $560m stake in Myanmar Brewery

Japan’s Kirin Holdings has taken control of Myanmar Brewery, Burma’s largest brewery, in a deal worth US$560 million.

Thursday, August 20th, 2015 No Comments »

Constellation buys stake in cocktail company

Constellation has acquired a minority stake in a Chicago-based cocktail company, the first project of its newly established investment arm Constellation Ventures.

Wednesday, August 19th, 2015 No Comments »

Spending boom signals UK on-trade growth

Consumer spending in pubs and restaurants has been accelerating in the first half of this year and is set to grow even more quickly in 2016, 2017 and beyond, experts predict.

Wednesday, August 12th, 2015 No Comments »

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