M&S has announced it will cull 7,000 members of staff as the company shifts resources towards areas that are expanding, while decreasing resources in the home and clothing departments.
Read more...
Hollywood actor Ryan Reynolds’ Aviation Gin brand has landed a mega-deal with drinks giant Diageo, which has been acquired via parent company Davos Brands.
Read more...
A new advisory collaboration between South American specialist Alistair Cooper MW and importer Condor Wines has delivered its first result in the shape of a 2020 Harvest Report, delivering the stories behind a ‘unique’ vintage.
Read more...
Premium-and-above spirits are forecasted to increase their global volume market share to 13% by 2024 as consumers continue to search for “authenticity and status”, according to the IWSR.
Read more...
Diageo’s full year results reveal a 47% fall in operating profits globally as a result of the pandemic, with net sales of spirits down 8% globally, and a 4% dip in the UK.
Read more...
With life returning to a version of normality, independents that gained extra sales are now once more facing their old competitors. Lisa Riley finds out how they are coping
Read more...
Ellis Wines is to donate £1 to UK-based charity Hospitality Action against every six bottles sale from five of the family-owned South African estates in its portfolio.
Read more...
Chilean producer Viña Concha y Toro has announced a 16.5% consolidated sales uplift in its Q2 results, posted today (31 July).
Read more...
Sales across on-trade sites open in England in the first week after lockdown was lifted were down 39.8% compared to the same week last year, according to the latest Coffer Peach Business Tracker data released today.
Read more...
The Covid-19 crisis has stripped bare the precarious economic situation of the on-trade and its supply-side, with a correction in the market necessary to improve profitability.
Read more...
New research has estimated that small hospitality businesses operating in food and drink will on average lose £21,586 in lost work, earnings and loan repayments as a result of Covid-19.
Read more...
Berry Bros. & Rudd has confirmed that it is “reviewing” its Fields, Morris & Verdin (FMV) wholesale arm, with staff consultation ongoing, with the impact of the Covid-19 crisis almost certainly meaning that the business will not continue in its current shape or form.
Read more...
William Grant & Sons has announced it is to sell more than 300 “rare and unique” items as part of its #Standfast Charity Auction in aid of The Drinks Trust and The BEN Scotland.
Read more...
The government has this morning published the re-opening guide for the hospitality industry.
Read more...
Naked Wines has reported an 81% surge in sales during April and May, making up the first two months of fiscal 2021.
Read more...
PM Boris Johnson has confirmed the reopening date for the hospitality sector as 4 July, while also reducing the current social distancing rule from 2 metres to 1 metre.
Read more...
Hospitality members’ club Trade is to shift to a “virtual version” of the club’s benefits post-lockdown, looking to evolve its industry support ethos with the launch of a resource-based app.
Read more...
Cramele Recas has secured its first listing with Waitrose.
Read more...
A new survey of UK Hospitality (UKH) members has confirmed that hospitality businesses are expecting a lengthy and painful recovery, with levels of trade expected to be significantly supressed for many months to come.
Read more...
Consorzio Doc delle Venezie says it has come out "unscathed" from the lockdown, with bottling numbers stable (+0.39) at the end of May compared to 2019.
Read more...
