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Saturday 13 February 2016

Finance

London trade boosts Liberty Wines’ sales

UK importer Liberty Wines has reported strong sales in December, on the back of sales rising across the London on- and off-trade.

Thursday, February 11th, 2016 No Comments »

Pernod Ricard improvement ‘driven by USA’

Improvement in the US helped drive “a gradual improvement” for Pernod Ricard in the first six months of the financial year, with the UK wine portfolio also performing strongly.

Thursday, February 11th, 2016 No Comments »

Diageo ‘resilient’ in first half despite currency woes

Diageo has reported value sales growth of 1.8% and volume growth of 1% in the first six months of the year, with chief executive Ivan Menezes saying the company has “momentum and resilience”.

Thursday, January 28th, 2016 No Comments »

The rewards of patience

If you think the markets are currently worrying excessively about things which have long been known about, then be on the lookout for bargains. And remember to diversify.

Wednesday, January 20th, 2016 No Comments »

Pignoletto boosts Sainsbury’s Christmas

Sainsbury’s credits strong sales of Italian “Prosecco alternative” Pignoletto for its promising Christmas results, along with booze-laden Christmas puddings.

Thursday, January 14th, 2016 No Comments »

Tesco boasts strong Christmas results

Tesco has reported a strong Christmas, boosted by the sale of more than 5.2m bottles of Champagne and Prosecco – but its market share slipped over the key trading period.

Thursday, January 14th, 2016 No Comments »

Time for a Lafite comeback?

Tempting as it may be for fine wine investors to get excited about last week’s trading on the Liv-ex 50, it is probably worth reflecting that this is not unusual for January.

Wednesday, January 13th, 2016 No Comments »

‘Encouraging’ Christmas trading at Majestic

Specialist wine retailer Majestic reported “encouraging” results over the Christmas trading period, with total sales up 42.6%, driven by a strong performance by Naked Wines.

Thursday, January 7th, 2016 No Comments »

Morrisons’ sales fall, but it insists it is making progress

Morrisons saw its sales fall again over the third quarter, but CEO Potts insists the supermarket chain is on-track.

Thursday, November 5th, 2015 No Comments »

AB-InBev reports ‘solid’ Q3 growth

AB-InBev has reported solid growth in its third quarter, with revenue up 7.9% in the third quarter of 2015.

Friday, October 30th, 2015 No Comments »

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