Alcohol trends now shifting at a rate similar to other lifestyle categories

Alcohol trends are evolving at much more rapid rate than in the past and while they don't follow the fashion industry's seasonal six month cycles, the on-going shifts within the drinks categories are changing at a similar pace as other lifestyle industries, according to Euronmonitor International.

Chief of the Week: Rowan Gormley, new ceo of Majestic Wines

Today we raise a glass to Rowan Gormley one of the key players behind the £70 million acquisition of Naked Wines by Majestic and the new chief executive of the larger Majestic Wines group.

Australian court mulls decision in 'Champagne Jayne' case

Pernod Ricard Bodegas launches start-up Winnovation Lab

Pernod Ricard Bodegas, the Spanish branch of the larger French company Pernod Ricard, launched the Winnovation Lab, an innovation incubator and ideas laboratory, this week.

Wines of Argentina celebrates #WorldMalbecDay

Today marks the celebration of World Malbec Day and Wines of Argentina UK is rolling out a series of events to further engage with UK consumers and the trade.

Treasury Wine Estates stock recovering strongly, hitting a 52-week high

Treasury Wine Estates stock price hit a 52-week high this week peaking at AUD$5.89 per share before retreating and closing at $5.89.

Diageo net sales slide in the third quarter as volumes fall

Diageo saw net sales fall 0.7% in the third quarter of this year, with volumes also down 0.8%.

Morrisons announces corporate restructure with 720 jobs to be cut from HQ

Morrisons announced today that it plans to eliminate 720 jobs at its head office with the drinks team at risk of potential redundancies.

En primeur facing a 'phoney war' as chateaux hold back on prices

Prices for en primeur 2015 are widely anticipated to be released in the next two weeks - but châteaux owners seem to be wary of committing themselves, a leading fine wine investment expert has warned.

Tesco confirms shake up of wine buying team

Today Tesco confirmed several changes to its wine buying team as a result of a restructure including the appointment of James Davis MW as category buying manager for wine as well as some key departures.

Easter weekend increased sales in the on-trade, but overall March saw a decline in sales

Easter weekend saw like-for-like on-trade sales increase 5.1% compared to 2014, but overall March was trading down, according to the most recent CGA Peach figures.

Kingsland Wine adds carbonation line

Kingsland Wine is installing a new carbonation line that will allow it to produce sparkling and infused wine drinks.

Slowdown in China affects growth in LVMH wines and spirits divison

Tesco to restructure wine buying team and bring in a new MW to help lead

Tesco is said to be announcing a number of changes to its wine buying team including bringing back James Davis MW from Greene King and a series of redundancies, according to a report on harpers.co.uk sister publication Off Licence News.

Remy Cointreau reports sales boost on back of liqueurs and spirit growth

Spirits company Remy Cointreau saw a "significant" boost to sales in the last quarter of 2014, and reported positive growth of 0.6% in the 12 months to 31 March.

Champagne house Bruno Paillard partners with Sushisamba

Global wine supplies relatively 'balanced', but expect premium supplies to tighten, Rabobank says

Global wine inventories appear to be balanced, according to the latest wine report from Rabobank - but the report warns of variations in supply between the premium and generic ends. 

CyT sales top over $1 billion for the first time

Concha y Toro announced sales grew 22.6% overall and increased 16.9% in the UK for its financial year-end 2014.

Fine wines sales from Burgundy and Rhone see strong demand, e-merchant says

Online prices for fine wines from Burgundy and the Rhône rose in March, according to international fine wine e-merchant iDealWine - but Bordeaux prices have fallen by around 1.23%.

US wine market sees volume growth slowing, but value growth continues to rise, Rabobank says

The American wine market is slowing in terms of volume growth, despite continued expansion throughout 2014, according to Rabobank's Wine Quarterly Q2 2015 report. But a report from the financial service agri-food team said US value growth is actually accelerating, making it a desirable market for premium brands.