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.
Read more...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.
Read more...Diageo saw net sales fall 0.7% in the third quarter of this year, with volumes also down 0.8%.
Read more...Morrisons announced today that it plans to eliminate 720 jobs at its head office with the drinks team at risk of potential redundancies.
Read more...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.
Read more...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.
Read more...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.
Read more...Kingsland Wine is installing a new carbonation line that will allow it to produce sparkling and infused wine drinks.
Read more...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.
Read more...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.
Read more...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.
Read more...Concha y Toro announced sales grew 22.6% overall and increased 16.9% in the UK for its financial year-end 2014.
Read more...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%.
Read more...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.
Read more...Côtes du Rhône figures for 2014 confirmed the UK remained the Rhône Valley's largest export market, accounting for 18% of its exports.
Read more...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.
Read more...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.
Read more...The artisan wine fair, RAW is launching a new fair in Berlin later this year, to cater for an increasingly international clientele.
Read more...Pernod Ricard is ramping up activity on Jacob's Creek and launching new campaigns for Malibu and Cuban rum brand Havana Club.
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