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Diageo's ongoing restructure - aimed at cutting costs by £200 million by the end of 2017 - is likely to see a savings of £15 to £20 million based on this year's restructure in each region through staff and corporate costs.
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Diageo released is year-end financial results ending on 30 June 2014 and show that net sales declined and operating profits took a big hit for the 2014 fiscal year.
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Sales of the priciest ciders on the market have grown by £10 million in the past year, as British drinkers seek out more expensive artisanal versions of the drink.
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Bibendum Wine Holdings, the parent company of national wine and drinks supplier, Bibendum Wine, has stengthened its board with the appointment of former Bidvest 3663 managing director, Alex Fisher, as a non-executive director.
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González Byass GB marketing director Jeremy Rockett has left the business after 10 years of service.
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Broadland Wineries has signed a deal to produce single serve PET wine glass Singlz in the UK which it will fill with its own wines from its Norfolk base.
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Customers should be buying and stockpiling lager in June and July, and Champagne at Christmas, according to new data from Bring A Bottle which pinpoints exactly when the biggest promotions start across a range of top-selling brands.
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Hallgarten Druitt & Novum Wines has recruited a former Mirror journalist to head up its communications team and added an extra national accounts manager.
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A new vegetarian restaurant boasting not only a meat-free menu, but a vegan and vegetarian wine list is to open in London in September.
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A South African wine has decided to bypass the usual UK retail channels in favour of directly targeting farmers as its would-be consumers.
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If Scotland splits from the rest of the UK drinks firms could face potentially crippling changes to duty which would add a significant cost and administrative burden - even causing some to go out of business.
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Vinoteca, the award winning London restaurant and wine bar chain, is working with property agents at the new Kings Cross retail development to open a tailor made site in February 2015.
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The wine world needs to let go of its obsession with China, and stop believing that the market can solve all its problems, according to Margareth Henriquez., chief executive of Krug, the top branded Champagne house.
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The world's best mixologist will be unveiled this week as 47 of the very best cocktail shakers and makers gather in the UK for the sixth annual Diageo Reserve World Class global final 2014.
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Moves by local councils to introduce a so-called "Tesco tax" on major supermarkets to raise money to be re-invested in high street areas could set a dangerous precedent warns the Association of Convenience Stores.
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High street chain Oddbins is planning to kick off its franchised model by converting around 26 independent wine merchants to the company fascia.
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Amathus, well-known as a drinks supplier, importer and specialist retailer, has opened its third London store, this time in Knightsbridge.
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