
Majestic profits slip on the back of high investment costs
Majestic Wine's profits have slipped 10.5% to £8.5 million, although group sales are up 2.8% to £133.8 million in the first half of the year.
Read more...Majestic Wine's profits have slipped 10.5% to £8.5 million, although group sales are up 2.8% to £133.8 million in the first half of the year.
Read more...Burgundy winemaker, Roland Masse, will see his last vintage put up for auction at this weekend's Hospice de Beaune before he passes on the responsibility to Ludivine Griveau, the first woman to look after the domain in its history.
Read more...Wine Vision, a conference that draws leaders of the wine trade from around the world, will open next week with Charles Spence a professor of Experimental Psychology at Oxford Univiersty kicking off the event with a multi sensory experience.
Read more...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.
Read more...Broadland Wineries is on track to grow its business from £10 million turnover in 2006, £100m by 2016 and climb to £250m by 2026 if it continues its journey of being a fully-fledged international wine supplier in its own right and away from its roots as a contract bottler.
Read more...Cockburn's Port is hoping to capture the spirit of Christmas with a new print and online advertising campaign that breaks this week.
Read more...Top name wine producers are using flash sales site Vente Privée to attract new consumers to their brands in the UK.
Read more...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.
Read more...A super-premium Scottish potato vodka is to be the first spirit produced by Arbikie, Scotland's newest farm-to-bottle distillery.
Read more...Two major players of the Australian wine world are to come together as Casella Family Brands, owners of Yellow Tail, plans to buy Peter Lehmann Wines.
Read more...Hangingditch, the leading Manchester independent wine merchant, is expecting up to 500 guests to attend its annual consumer wine fair on Friday which also offers live classical musical and operatic singing in the impressive backdrop of the Manchester Cathedral.
Read more...Alcohol Concern has lined up a strong panel of front bench MPs and ministers to speak at its annual conference next week which will be held under the theme "Taking back our health and high streets".
Read more...Consumers are coming out ahead as the UK supermarket wars rage on and another discounter commits to expansion in the UK's highly competitive retail market.
Read more...Tesco has boosted its wine team with the addition of an assistant buyer and quality manager.
Read more...Conviviality Retail, owner of the Bargain Booze and Wine Rack brands, has revealed plans to expand into Scotland with its half-yearly trading update broadly in line with last year.
Read more...London bar and restaurant chains have seen like for like sales up 4.1% in October, while outside the capital managed operators are ramping up new site openings.
Read more...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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China's Singles Day is the world's largest online shopping day of the year and today it smashed online spending records yet again hitting more than $2 billion spent online in the first hour.
Read more...Oddbins managing director Ayo Akintola describes Majestic's recent demand from suppliers for financial support for its new warehouse as "one of the shabbiest business decisions" in the past couple of decades in the UK wine industry. Here, in his own words, he responds to its actions:
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