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Sunday 22 January 2017 loc: GB

Finance

Innovation key to boosting travel retail, TFWA boss says

Innovation, new tech and overcoming the perception of poor value are key to attracting customers back to travel retail, the TFWA president has claimed.

Friday, January 13th, 2017 No Comments »

Prosecco fuels Aldi’s Christmas

Sales of Prosecco fueled a record Christmas for discounter Aldi in the UK, as it revealed it sold more than 13.5m bottles of wine during December.

Tuesday, January 10th, 2017 No Comments »

Record Christmas for supermarkets, but inflation returns

UK supermarkets saw a record Christmas, according to KantarWorldpanel, but the grocery market has returned to inflation after 28 months.

Tuesday, January 10th, 2017 No Comments »

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 »

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