With wine and spirits activity slowing to its seasonal drip, it looks like there is no escape from the recession for the industry. But it is not the reduced activity, which is likely to have an adverse impact on smaller companies.
Read more...Constellation Brands is selling its value spirits business to New Orleans-based Sazerac for $334 million.
Read more...Wetherspoons boss Tim Martin has warned that private equity-owned pubcos are too burdened with debt to invest in their struggling estates.
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There's a silver lining to every cloud, or so the saying goes. This new year, in my opinion, is going to be a fantastic year for those with burnt thumbs from unfriendly, 'human driven' and down trodden stocks and shares to diversify their investment portfolios (i.e. spread their risk) and stick some of their hard earned money into one of the oldest investment asset classes - fine wine.
Read more...Wine retailers are bullish about their Christmas sales, with early indications suggesting that a late surge may have compensated for a sluggish start to the festive period, according to a report in today's issue of Harpers.
Read more...Former Western Wines boss Mike Paul and Somerfield wine supremo Angela Mount have joined forces to form a new wine business consultancy.
Read more...Constellation has admitted that branded wine sales in Europe fell by 11% in its third financial quarter.
Read more...Since the Renaissance, many artists and architects have proportioned their works to approximate the golden ratio - especially in the form of the golden rectangle, in which the ratio of the longer side to the shorter is the golden ratio. The rationale behind it is the belief that this proportion is organic, universal, harmonic and aesthetically pleasing. Indeed, being evident everywhere in the universe (in fact, many things around us can be expressed in this ratio), divine proportion (which is also called Golden ratio, divine section, golden cut and mean of Phidias) is probably the most known law of proportion which can dramatically improve the communication of your design.
Read more...Auctions of fine and rare wines in the UK are bucking a global downward trend as international buyers move their trading to London to take advantage of the weak pound.
Read more...Marks & Spencer is on a mission to cut costs after unveiling group sales down 1.2% in the 13 weeks to December 27.
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Tesco is reported to be facing two official investigations over the way it has been running recent discounted drink offers.
Read more...Tesco is reported to be facing two official investigations over the way it has been running recent discounted drink offers.
Read more...Morrisons is entering the New Year with a range of discounts on branded wines.
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Pub chains are responding to the recession by offering massive discounts on new year drinks prices, including beer for 99p a pint, bottles of wine for £4.99 and main meals for £1 a dish.
Read more...The global credit crunch may force Foster's to abandon any hopes to offload its wine division in 2009, analysts say.
Read more...Languedoc Roussillon brand Le Beast has caused a stir in France after challenging the French minister responsible for the internet with a wolf glove puppet at a conference in Paris.
Read more...Languedoc Roussillon brand Le Beast has caused a stir in France after challenging the French minister responsible for the internet with a wolf glove puppet at a conference in Paris.
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Despite claims the drinks industry is being used as a cash cow by the Treasury, revenue from alcohol duty is at its lowest level for a decade.
Constellation Europe has blamed the latest round of duty increases for redundancies at its UK base - and warns more may follow if the Chancellor hikes up wine prices still further.
Constellation Europe has blamed the latest round of duty increases for redundancies at its UK base - and warns more may follow if the Chancellor hikes up wine prices still further.
