The ongoing price wars in the British grocery market have led sales to decline by 0.2% - the first decrease since market research firm Kantar World Panel began keeping records.
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Global property consultancy Knight Frank has teamed up with portfolio management platform Wine Owners to launch the Fine Wine Icons Index.
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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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Constellation Brands (STZ) hit a 52-week high in trading yesterday, peaking at US$95.09 per share and closing the day at $94.02, which is the third time this year the company has hit a yearly record level.
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Sainsbury's half-yearly results show the company's underlying profits dropped 6.3% to £375 million, the worst performance in over a decade for the company.
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Treasury Wine Estates has made the "extremely difficult" decision to close its Ryecroft winery in McLaren Vale in South Australia.
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Last week Diageo announced it agreed to acquire Don Julio Tequila in exchange for its Bushmills Irish whiskey brand with Jose Cuervo in a move that has been widely applauded by analysts.
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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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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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The Serious Fraud Office has launched a criminal investigation into Tesco's accounting irregularities after the retailer confimed it had mis-stated profits by £263 million.
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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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Pernod Ricard returns to growth in Q1 with organic sales increasing 2% and sales totalling €2,037 million despite the company's Priority Premium Wines category posting a 3% decline in net sales.
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Spirits giant Diageo's first quarter organic net sales were down 1.5% thanks to weak emerging markets, the firm has said.
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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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Distell Group, South Africa's largest drinks producer, has acquired International Beverage Company in Atlanta, Georgia in an effort to grow its presence in the US market.
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The economy of any agriculturally based industry can be dramatically affected by the weather, but what's the long-term forecast and what are the financial implications?
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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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Constellation Brands is set to release its second quarter financials today, and with over 51.9% share-price growth over the past year, the question on everyone's mind is can it continue?
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Tesco's senior unsecured long-term debt rating and its short-term credit rating was placed "on review for a downgrade" by credit rating agency Moody's Investor Service following the announcement that it had overstated its profits for the first six months by an estimated £250 million.
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Treasury Wine Estates has rejected two offers from private equity bidders in favour of continuing as a standalone company.
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