Italian wine cafe chain Veeno, which operates 17 aperitivo-style cafes across the UK, has closed two of its sites and is conducting a review of its estate, it has been reported.
Pubs saw some of the best seasonal sales over Christmas on the back of strong drink sales, the latest CGA business tracker has revealed, boosting the performance of the wider on-trade.
Leading UK pub and bar operator Mitchells & Butler’s has seen a spat reignite in the boardroom, after a major fund manager slammed the company's lack of independence and aired concerns over its governance.
It is always quite easy to hope that physical assets offer a port in a storm at times of crisis in the investment world, but the last three months have served as a reminder that fine wine is also a luxury good and cannot totally escape both the benefits and drawbacks involved.