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Sunday 4 December 2016 loc: US

Finance

Sainsbury’s like-for-like sales hit, but revenue rises

Sainsbury’s saw its like-for-likes sales fall by 1% in the first half of the year, despite rising total revenues across the group, in the first set of results that includes the newly acquired Home Retail Group and Argos businesses.

Wednesday, November 9th, 2016 No Comments »

M&S to focus on food and drinks

M&S is overhauling its estate, boosting the number of its Simply Food outlets – which include its award-winning wine aisles – by 200 in the next two years, while cutting back on its loss-making clothing outlets.

Tuesday, November 8th, 2016 No Comments »

Revenues double at Conviviality

Conviviality has seen revenues more than double in the first half of the year, the first time its results have included Bibendum PLB, Matthew Clark and Peppermint.

Tuesday, November 1st, 2016 No Comments »

Profits at Off-Piste Wines rise 10%

Wine distributor Off-Piste Wines saw turnover and profits rise 10% during 2015, despite the challenging UK retail landscape.

Thursday, October 20th, 2016 No Comments »

Good Q1 for Pernod despite currency woes

Dynamic sales in the USA boosted Pernod Ricard’s first quarter, but the company was hit by the foreign exchange volatility.

Thursday, October 20th, 2016 1 Comment »

Strong spirits and US sales boosts Remy Cointreau

Strong sales of liqueur and cognac sales boosted Remy Cointreau, which saw organic sales of 4.1% to €513.4 million in the first six months of the year.

Tuesday, October 18th, 2016 No Comments »

Asahi completes Miller Brand acquisition as Kirin buys Brooklyn Brewery stake

Japanese brewer Asahi has completed its £1.3 billion acquisition of Miller Brands UK, giving it control of premium European beer brands Peroni, Grolsch and Meantime.

Wednesday, October 12th, 2016 No Comments »

Champagne and spirits boosts LVMH growth

Champagne and spirits boosted LVMH Moët Hennessy Louis Vuitton as the French luxury good house reported organic growth of 7% of its wine and spirit portfolio in the first 9 months of the year.

Wednesday, October 12th, 2016 No Comments »

BRC warns of WTO tariffs hitting consumers

Chilean wine could see massive price hikes if the government falls back on World Trade Organisation tariffs, the British Retail Consortium has warned.

Tuesday, October 11th, 2016 2 Comments »

Sainsbury’s sales slip over first half

Sainsbury’s saw trading slip in the first half of the year, with retail sales down 0.4% in the 16 weeks to 24 September.

Wednesday, September 28th, 2016 No Comments »

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