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.

UK remains largest export market for Côtes du Rhône wine

Côtes du Rhône figures for 2014 confirmed the UK remained the Rhône Valley's largest export market, accounting for 18% of its exports. 

Mobile consumer spending to hit £53 billion over the next decade

Consumer spending through the use of smartphones and other mobile devices is forecasted to reach £53 billion a year over the next decade according to new research released by Barclays.

Record passenger traffic in UK airports could signal growing opportunity for wine and spirit brands

Three major airports across the UK hit record breaking traffic numbers last month, according to the most recent Moodie's Report figures, signalling the opportunity for wine and spirit brands in the travel retail channel could not be stronger.

Artisan wine fair RAW announces new Berlin venue, as international visitor numbers grow

The artisan wine fair, RAW is launching a new fair in Berlin later this year, to cater for an increasingly international clientele.

Pernod Ricard ups focus on Jacob's Creek & Havana Club for summer

Pernod Ricard is ramping up activity on Jacob's Creek and launching new campaigns for Malibu and Cuban rum brand Havana Club.

Economists brace for China's slowing economy

China has reported a 15% fall in exports and a 12% fall in imports for the month of March 2015, which has increased concerns that the Chinese economy is slowing down.

Independent wine merchant Le Vignoble boosts business with extension of wine lounge

Plymouth independent wine retailer Le Vignoble is set to boost its focus on its wine lounge with the addition of a new 'after-dinner' area that will offer customers premium artisan spirits.