Ferovinum, the company that provides capital against wine and spirits inventories, has unveiled a new funding facility with BCI Finance that will enable it to increase the scale of its support.
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Hospitality leaders are optimistic about the long-term future of the sector and its role in the UK’s economic recovery, with many businesses seeking to grow rather than shrink, the latest CGA Business Leaders' Survey has revealed.
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The South African government has announced it will increase the excise duties on alcohol by 8%.
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International spirits producer Quintessential Brands has appointed Alex Pollard as its new group chief finance officer.
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Sogrape is ramping up its investment in Liberty Wines, in a move that will increase its 2017 investment to a majority share in the business.
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The Fever Tree effect is responsible for the rapid growth of mixers over the past 12 months.
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Sainsbury's has warned of "very competitive" trading conditions in the wake of the post-Brexit sterling slump as the supermarket suffered a slight sales decline in the fourth quarter of the financial year.
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The gin renaissance has been in full swing for some time now, but new data has confirmed its position as the major cause of excitement - and growth - in the spirits category.
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Sales of bourbon could rival those of Scotch in the UK over the next five to ten years new data has shown.
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Halewood Wine & Spirit has acquired a majority stake in Lake District brewery Hawkshead marking its first foray into beer.
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New data shows that bulk wine diminishing in volume and value dogged the success of South African wine in the UK in 2016.
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Asda bosses said there is still a "lot of work to do" after the most recent sales figures showed some recovery for the ailing supermarket.
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The nation's thirst for Argentinian wine has showed no signs of being quenched with Concha y Toro reporting sparkling Christmas sales for Bodega Trivento.
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In the wake of the Brexit vote and the subsequent slump of the pound, the only upside was that the UK's exports seemed poised to become more attractive to oversees buyers.
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Heineken has found itself on the sharp end of currency depreciation and global financial headwinds.
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US wine exports - 90% from California - reached a record $1.62 billion in winery revenues in 2016, driven by the global reach of premumisation.
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It's Valentine's Day, which means consumers will be spurring on the nation's love of sparkling wine by heading to fizz shelves today.
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Treasury Wine Estates (TWE) is on its way to exceeding its 2016 full-year profit, having reached 75% of last year's full-year profit after tax while only half way through the year.
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Mark Carney, the Governor of the Bank of England, recently announced an increase in the annual growth forecast for the UK economy from 1.4% to 2%. But things may not be as good as they sound.
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French spirits group Pernod Ricard has beaten analysts' expectations for its half year results, boosted by sales Irish whiskey in the US and overall sales in China.
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