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Friday 9 December 2016 loc: GB

Business

Price of wine will rise as value of pounds drops 15%

Wine imported into the UK from EU countries is expected to increase by as much as 29p a bottle due to the continued devaluation of the pound, the Wine and Spirits Trade Association has warned.

Wednesday, October 19th, 2016 2 Comments »

Government publishes post-Brexit export plans

The government has sought to calm fears over UK trade following Brexit by publishing a template to boost exports of British booze globally.

Tuesday, October 18th, 2016 No Comments »

Tesco sees growth – but grocery inflation is set to rise

Tesco is back in ‘healthy growth’ but there are signs that the overall price of groceries is set to rise before the end of the year, Kantar Worldpanel has warned.

Tuesday, October 18th, 2016 No Comments »

India key target for Scotch post-Brexit

The SWA has renewed calls for the UK government to negotiate new trade deals for Scotch post-Brexit, flagging India as the market with the most long-term potential for growth.

Thursday, October 13th, 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 »

AB InBev completes $79bn SABMiller merger

AB InBev has formally closed its $79 billion deal to acquire SABMiller, having sold off its remaining brands in Asia and Europe to appease competition regulators.

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 »

Tesco reports strong progress in first half

Tesco is on track to deliver £1.2bn operating profit for the full year, it announced as it revealed strong progress in the first half of the year.

Wednesday, October 5th, 2016 No Comments »

Distell brings UK distribution in house

South Africa’s Distell has brought distribution for its brands in the UK in-house, bringing an end to contracts with three distribution companies.

Tuesday, October 4th, 2016 No Comments »

AB InBev’s £79bn deal passes final hurdle

SABMiller’s shareholders have voted in favour of a £79 billion takeover by AB InBev following a crunch vote held today.

Wednesday, September 28th, 2016 No Comments »

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