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Retail wine sales hit six-year high as Brexit pushes up prices

Published:  13 September, 2017

Sales of still wine in the off-trade saw record value growth in the last quarter new figures show, as well as the largest increase in average prices since April 2014.

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Strong FY17 results boosts acceleration at Pernod

Published:  31 August, 2017

Pernod Ricard, the world number two in spirits, has forecasted accelerated net profits for the current financial year thanks to a strong performance in 2016/2017.

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Back in fashion liqueurs boost sales for Gruppo Campari

Published:  04 August, 2017

The owner of Aperol Spritz posted solid results in the first half of 2017 in the UK where strong sales of the orange-based liqueur boosted the bottom line.

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WSTA urges Government clarity to prevent Brexit chaos for businesses

Published:  03 August, 2017

The Wine and Spirit Trade Association’s chief executive Miles Beale has flagged up the “deep seated” concerns of drinks industry leaders over the Government’s apparent lack of clear strategy over Brexit.

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Diageo follows-up strong interim results with 25% rise in operating profit

Published:  27 July, 2017

Diageo continues to accelerate in the fast lane by growing market share in both the on and off-trades in the UK over the past year.

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UK drives growth for Fever-Tree

Published:  25 July, 2017

Leading premium mixer producer Fever-Tree has announced another strong set of half-year results, particularly in the UK market.

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Value Australian exports to the UK decline while growth in China soars

Published:  19 July, 2017

A new report from Wine Australia shows that the value of Australian wine exports grew by $201 million (10%) in 2016–17 to $2.31 billion, underpinned by strong export growth to China and the US.

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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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WSTA presents “unequivocal argument” for free trade, but will ministers listen?

Published:  10 July, 2017

An industry meeting with Defra has re-ignited some of the biggest questions around Brexit and what threats our departure from Europe poses to the wine and spirits industry.

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Michelin buys stake in Robert Parker's Wine Advocate

Published:  06 July, 2017

Gourmet food guide owner Michelin has bought a 40% share in Robert Parker’s Wine Advocate, with the aim of combining the two companies’ expertise in food and wine.

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Sainsbury’s reports strong first quarter growth

Published:  04 July, 2017

Sainsbury’s has reported 2.3% growth in like-for-like first quarter sales, excluding fuel, compared to a 0.3% increase seen in the previous quarter, partly in thanks to the sunny start to the summer.

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Edrington receives boost from five-year plan as profits rise 32%

Published:  29 June, 2017

Scotch brand owner Edrington has reported seeing results from its five-year strategy plan after yearly profits soared 32% to reach £91m. 

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New head of buying at Majestic

Published:  21 June, 2017

Majestic Wine has announced that a new head of buying will step into the role recently vacated by Matt Pym.

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Majestic Wine ‘past tipping point’ as £1.5m loss offset by rising footfall and sales

Published:  15 June, 2017

Majestic Wine’s full-year reported profit before tax has revealed a loss of £1.5 million, set against a 15.8% rise in sales and 12% growth in the company’s customer base to 825,000 active customers.

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