Db talks to Daniel Gibney and Mitchel Fowler of Ferovinum, an exciting new platform helping wine producers, wholesalers and retailers release capital and unlock huge growth
The announcement that Majestic Wine is throwing its lot behind its online wine subscription business, Naked Wines and will divest some (if not all?) of its UK retail business has raised more questions than it has answered. db looks at some of the issues.
Chilean wine giant Concha Y Toro saw the value of its wine sales rise 8% in the last quarter of 2019, following its move to focus on higher worth priority brands, but net profit fell nearly 1% (0.9%) over the year on the back of higher wine costs and restructuring.
Drinks company C&C has confirmed it is on track to hit high turnover expectations for this financial year, following “significant” momentum of former Conviviality businesses Bibendum and Matthew Clark.