Conviviality breakup likely as £125m fundraiser fails

Conviviality Plc has failed to raise the £125 million needed to recapitalise the business following a tumultuous month which saw three profit warnings, its market value tumble, shares suspended and the departure of CEO Diana Hunter.

Conviviality to raise £125 million to avoid collapsing

Conviviality has confirmed its likely to go out of business if its fundraising bid to raise £125 million fails.

Shaking up the sparkling wine market

It’s long been the case that Champagne sales are a barometer of the times, with a rise or fall in fortunes reflecting the performance of the broader economy. This has held true in the UK market through various recessions and dips, and the current downturn in Champagne sales is no exception.

Diana Hunter steps down as Conviviality CEO

Bibendum adds 113 new wines

Bibendum has added 113 new wines to its portfolio ahead of its annual spring tasting next week.

Conviviality reshuffles leadership team

Conviviality has reshuffled its leadership team following completion of key integration elements relating to  recent acquisitions.

Saunders spreads his wings

Ex-Bibendum MD and Conviviality business development director Michael Saunders has stepped back from a full time roll at the UK drinks giant with plans to explore other avenues including consultancy to the industry.

Trends of 2017

There has been no shortage of evolution in the drinks world over the past year, providing canny operators with plenty of openings for upping customer engagement. Andrew Catchpole reports

Mezcal and English sparkling tipped as the top tipples for 2018

Rising popularity of premium Languedoc Rousillion, Tequila and Mezcal as well as soaring sales of English sparkling have puts these tipples at the head of the race to be named some of the top trends for 2018.

Litmus wines to be distributed by Bibendum

Litmus Wines has teamed up with Bibendum to distribute its English wines to the on-trade.

Bibendum to launch 100 Old World wines

Bibendum is gearing up to introduce 100 new European wines at its autumn tasting.

Bibendum grows Italian premium portfolio with Apulian addition

Bibendum has added a selection of wines from artisan Italian producer, Masseria Li Veli, to its portfolio of premium wines.

Bibendum unveils 2017 wine portfolio

Bibendum has revealed its 2017 portfolio, including a flow of wines from emerging markets such as Croatio, China and Turkey.

Profit more than doubles at Conviviality

The Conviviality steam train shows no sings of stopping if its FY17 results are anything to go by.

Berkmann ballot puts Portugal on top

Berkmann Wine Cellars took the opportunity to take the temperature of up and coming grapes, styles and regions likely to cause a stir in 2017.

Wine trends: Predictions 2017

White from red regions, Loire and premium US whites are going to be 2017's big winners, according to Bibendum.

The week that was: top news, Q&As and opinion on Harpers.co.uk

In case you missed some of the headlines this week on harpers.co.uk, we have put together a review of the top online news, Q&As, and opinion stories.

Bibendum unveils new pricing insight tool

Bibendum has launched a new tool to provide customers with a "complete picture of the market" thus helping them to list the right products at the right price and to identify gaps in the market. 

Revenues double at Conviviality following "transformational" year

Conviviality Plc has reported strong growth across all three of its new business units, formed following the acquisition of Matthew Clark and Bibendum PLB.

The week that was: top news, Q&As and opinion on Harpers.co.uk

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, Q&As, and opinion stories.