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Conviviality sales surge 9.2% as market share grows

Published:  29 January, 2018

Sales at independent drinks distributor Conviviality surged by 9.2% to £836.3m in the 26 weeks to October 29 2017, the group announced today.

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UK Agents: are you being served?

Published:  04 January, 2018

I wish to be cremated… one tenth of my ashes shall be given to my agent, as written in my contract,” quipped Groucho Marx of the breed that acts for the stars. Finding humorous quotes at the expense of agents is easy work, whether levelled at the acting or commercial world, with these designated business representatives – popularly the “10 percenters” – coming in for flack for apparently sitting back while counting their cut for little in return. 

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Conviviality Retail to ‘accelerate growth’ with £25M acquisition of over 100 Central Convenience Stores

Published:  15 December, 2017

Conviviality, the alcohol wholesaler, distributor and high street retailer, is to buy 109 convenience stores from failed Palmer & Harvey (P&H) through its subsidiary Bargain Booze.

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Conviviality offensive continues as sales rise across business units

Published:  07 November, 2017

Conviviality continues to demonstrate its buying and selling power via its half-year trading update, which shows positive growth in each of its three newly configured business units.

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Bibendum grows Italian premium portfolio with Apulian addition

Published:  25 July, 2017

Bibendum has added a selection of wines from artisan Italian producer, Masseria Li Veli, to its portfolio of premium wines.

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Profit more than doubles at Conviviality

Published:  17 July, 2017

The Conviviality steam train shows no sings of stopping if its FY17 results are anything to go by.

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Movers and Shakers: Conviviality, Justerini & Brooks, Douglas Laing

Published:  26 May, 2017

A number of key appointments and distribution agreement have been percolating through the trade this week.

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Sales almost double at Conviviality

Published:  25 May, 2017
Conviviality, the owner of Bargain Booze, has seen sales nearly double in the past year to pass the £1.5bn mark. 
  
The independent alcohol wholesaler and distributor, which agreed a £60m deal to acquire wine, spirit and beer distributor Bibendum in May last year, said sales were up from £841m to £1.56bn in a trading statement released this morning (52 w/e to 30 April, 2017).


Net debt was £99 million – “comfortably below” Conviviality’s target, it said, adding the positive results were in line with the board’s expectations.
    

The integration of Bibendum, together with wine wholesaler Matthew Clark which it bought in 2015, was “progressing well”, said chief executive, Diana Hunter.  


"Our focus will continue to be on improving the business and ensuring that benefits are realised from our greater scale, as we drive efficiencies for the group and greater service for our customers.”

Conviviality, which re-organised its activities into three business units during the year – Direct, Retail and Trading, reported growth for each, with sales up 6.4%, 6.1% and 1% respectively. 

"We have come to the end of an unprecedented year of change and I am pleased to report a strong trading performance for the group and for each of its business units,” said Hunter.

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LWF: Santa Rita winemaker talks 120 ambitions

Published:  23 May, 2017

Harpers caught up with Santa Rita to discquss the launch of their refreshed 120 brand which is being launched with two new varietals at this year’s London Wine Fair.

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