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Sunday 25 September 2016 loc: US

Business

Diageo profits fall 6% amid currency turmoil

Diageo’s profits dropped 6% in 2015/16 amid currency volatility, however a strong performance in the US and growth in Europe means it is on track to deliver on its 2017 growth plans, says its chief executive.

Thursday, July 28th, 2016 No Comments »

LVMH wine and spirits revenues up 7%

Luxury goods group LVMH has reported total revenues of €17.2 billion in the first half of 2016, an increase of 3% on the previous year, with its wine and spirits revenues up 7%.

Wednesday, July 27th, 2016 No Comments »

Fever-Tree sales jump on G&T boom

Premium mixer brand Fever Tree has seen sales rise 69% in the first half of the year, driven by a strong performance in the UK off-trade.

Tuesday, July 26th, 2016 No Comments »

The Macallan maker reports £7m fall in profits

Spirits producer Edrington, which owns whisky brands The Macallan and The Famous Grouse, has reported a fall in profits of £7 million in its end of year financial results.

Tuesday, July 26th, 2016 No Comments »

Grocery market sluggish – but no hit from Brexit

Sales across the grocery market have continued to be slow, but have not felt any impact from Brexit, analyst KantarWorldpanel has reported.

Tuesday, July 26th, 2016 No Comments »

Casella buys $12.5m McLaren Vale vineyard

Casella Family Brands has snapped up a McLaren Vale vineyard for a reported AUS$12.4 million, its first foray into the premium South Australian region.

Monday, July 25th, 2016 No Comments »

Asda hires Lidl COO to head up small stores

UK retailer Asda has poached Lidl’s COO to head up its small store format, as it looks to capitalise on changing consumer habits.

Friday, July 22nd, 2016 No Comments »

Thought Leadership: The Rise Of Craft

In the latest Cesium Group Thought Leadership event, key drinks trade figures came together to discuss the rise of artisanal more…

Thursday, July 21st, 2016 No Comments »

Sainsbury’s trials same day and one-hour delivery service

Sainsbury’s is piloting a same day delivery service across three of its London branches, as well as a limited one-hour delivery service operated from an app.

Thursday, July 21st, 2016 No Comments »

MillerCoors takes control of US craft brewer

Georgia’s Terrapin Beer Co has been bought by MillerCoors’ craft and import division, making it the latest in a long line of craft brewers to be snapped up by big beer companies.

Thursday, July 21st, 2016 No Comments »

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