Finance

Tesco: ‘better position to navigate challenging market’

The UK’s biggest food and drink retailer saw sales rise 4.3% to £49.9 billion, in its year end results, saying it was in a far stronger position to navigate the “challenging” market.

Kweichow Moutai overtakes Diageo as world’s most valuable distiller

China’s Kweichow Moutai Co has overtaken Diageo to become the world’s most valuable distiller, according to Bloomberg.

Spirits boost strong quarter for LVMH

Strong spirit sales helped boost revenues across French luxury group LVMH Moët Hennessy Louis Vuitton, the company reported today, with Champagne also seeing growth.

On-trade booze rises to £24bn

The UK on-trade saw the value of booze sales rise to £24.4 billion in 2016, despite falling volumes, a new report has said, with restaurants leading the charge.

Gallo snaps up Napa vineyard

March 27th, 2017

Diageo builds momentum

January 26th, 2017

Majestic sees bumper Christmas

January 10th, 2017

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