LVMH reports 10% revenue rise to €46.8 billion

French luxury goods group LVMH has reported a 10% rise in revenue to reach €46.8 billion in 2018, with its wine and spirits division contributing €5.1bn.

The week in pictures

This week in the world of drinks; Panic! At The Disco launches a beer, Metallica also launches a beer, Cognac producers land in Barbados for a maturation experiment, and the drinks industry pays tributes to a legend of the wine trade, Gerard Basset OBE.

New Year booze sales fail to cheer Waitrose’s festive sales

UK supermarket Waitrose has announced strong sales of booze in the run up to New Year’s Eve, which saw Champagne and sparkling wine rise 48% and 27% respectively – despite overall grocery sales falling over the festive period. 

Cognac exports report record €3.2billion turnover

Cognac exports reached €3.2 billion in 2018 – the equivalent of 204.2 million bottles of Cognac – representing growth of 3% by volume and 2% in value compared with the previous year.

Obituary: Nicholas Faith

September 28th, 2018

The week in pictures

March 29th, 2018

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