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Minimum pricing still on agenda with Public Health England

Published:  27 October, 2014

Minimum pricing could be back on the UK government's agenda sooner than expected, as Public Health England vows to keep pushing for the measure in the next 18 months.

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The Week That Was: Tescogate and other top news, Q&As and opinion on Harpers.co.uk

Published:  24 October, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

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Strong UK delegation of senior executives to appear at global Wine Vision conference

Published:  24 October, 2014

Robin Copestick of Copestick Murray, Troy Christensen of Enotria and Simon McMurtrie of Direct Wines are part of a strong UK line up of major executives that have signed up as key speakers at next month's global Wine Vision conference.

 

 

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TescoGate: Credit rating downgraded in fear of shareholder litigation

Published:  24 October, 2014

Moody's Credit Agency further downgraded Tesco short and long-term credit in response to company's announcement yesterday that it had overstated profits by £263m. Tesco's ratings will remain on review for further downgrades due to concerns over the potential financial impact for shareholder litigation.

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Waitrose predicts healthy future for South American and lighter style wines and spirits

Published:  24 October, 2014

South American wines and more left field grape varieties like an Austrian Grüner Veltliner or a Spanish Albarino are going to become far more trendy in the months ahead, according to the new Waitrose Food and Drink Report 2014.

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TescoGate: suppliers should complain to Groceries Code adjudicator

Published:  24 October, 2014

A leading wine trade lawyer has called on suppliers who feel they have been badly treated by Tesco or any other supermarket, to complain to the Groceries Supply Code adjudicator.

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TescoGate: Angela Mount identifies the impact on BWS of retailer's lack of strategy

Published:  23 October, 2014

Ex-Somerfield wine buyer Angela Mount questions how Tesco's BWS department will function in the longer term as pressure to make trading plans for next year builds.

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TescoGate Live: What the national business press said of Tesco's 92% profits fall

Published:  23 October, 2014

The national media's business press has been busy this morning analysing Tesco's half-year 92% drop in pre-tax profits and even larger accounting black hole and looking at ways it can get itself out of the mire and back to leading the UK grocery retail market.

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TescoGate results video: Chief executive Dave Lewis in his own words

Published:  23 October, 2014

Tesco's chief executive is looking to "re-energise" the company following the "body blow" of its financial scandal, but has so far revealed scant detail of his plans.

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TescoGate Live: Serious Fraud Squad watching profits black hole inquiry with "interest"

Published:  23 October, 2014

The Serious Fraud Squad has said today it is "following developments at Tesco with interest" on the back of news that the profits black hole at the UK's biggest supermarket is higher than first thought.

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TescoGate Live: Profits blackhole worse than feared as pre-tax profits fall 92%

Published:  23 October, 2014

The sales crisis at Tesco is even worse than first feared with a 92% drop in pre-tax profits for the last six months, an even larger profits black hole than first announced and a blunt admission from new chief executive, Dave Lewis, that it has its work cut out to win back the trust of its customers.  

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Vin de France has driven 'important growth' for French wine

Published:  22 October, 2014

The creation of the Vin de France category has driven "important growth" in French wine exports as well as acceptance among younger consumers, Harpers France Summit heard.

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Borough Wines: why its customers can't stop coming back

Published:  22 October, 2014

Borough Wines are on a mission. And that mission is well and truly making its home in west London with the opening, earlier this year, of its latest outlet in Kensal Rise.

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Tesco's woes continue with further drop in sales as Waitrose hits record market share

Published:  22 October, 2014

Tesco continues to lose market share to its grocery rivals at both ends of the retail spectrum, according to the latest figures from Kantar Worldpanel which reveals that Waitrose achieved its record performance for the last 12 weeks of trading.

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Local retailers take call for changes to business rates to Westminster

Published:  21 October, 2014

Local retailers from across the country are descending on Westminster today to fight their corner for improvements in the system of business rates.

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Virgin Wines ramps up focus on home wine tastings as sales rocket

Published:  21 October, 2014

Virgin Wines is turning the spotlight onto home wine tasting parties by adding new recruits and rebranding from Fabulous Wines to Wines at Mine after seeing sales grow 54% in the past year.

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Leading lights of UK wine trade gather for today's Harpers France Summit

Published:  21 October, 2014

Leading figures from all channels of the wine trade will be today taking part in the second Harpers France Summit to look at ways in which retailers, restaurants, distributors and importers can make the most of French wine in the UK.

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Over 200 wineries head for Amsterdam's expanded World Bulk Wine Exhibition

Published:  20 October, 2014

Up to 200 wineries will be heading to Amsterdam next month for the sixth annual World Bulk Wine Exhibition.

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TescoGate will rock trust and confidence in all grocery multiples warn retail analysts

Published:  20 October, 2014

Leading City and retail analysts fear consumers will be "horrified" by the fall-out from  the Tesco accounting scandal which could have a knock-on effect on consumer confidence of not only the UK's biggest supermarket but across all major grocery retailers.

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TescoGate will lead to 'seismic change' in retailer/supplier relations, says Angela Mount

Published:  17 October, 2014

Ex-Somerfield head wine buyer Angela Mount says the Tesco accounting scandal has lifted the lid on how retailers treat suppliers and given suppliers the "strength to speak out".

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