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Morrisons reportedly close to sale of M Local c-stores

Published:  17 August, 2015

Morrisons is reported to be closing in on a sale of its M convenience stores to a mystery team of industry executives funded by Greybull Capital.

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Gosling's rum owner Castle Brands sees sales surge by 37.8% in Q1

Published:  11 August, 2015

The owner of Gosling's rum and Jefferson's bourbon has reported a 37.8% increase in net sales in the first quarter of its financial year, to June 30.

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Access Uncorked partners with Capital On Tap to unlock cashflow for wineries

Published:  07 August, 2015

Access Uncorked has announced an exclusive global partnership with small-business finance specialists Capital On Tap to provide a range of innovative financial services to wineries.

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The Smith Report: To deal or not to deal

Published:  07 August, 2015

There seems to be no end of M&A activity in the UK drinks market. But is what is driving the recent activity?

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Gruppo Campari announces strong half-year sales and margins

Published:  06 August, 2015

Gruppo Campari has posted strong sales and higher margins for the first six months of 2015.

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English winery Giffords Hall aims to crowdfund major expansion drive

Published:  04 August, 2015

East-Anglian vineyard, Giffords Hall, has turned to crowdfunding website crowd2fund.com to raise capital. It is seeking £58,000 in return for a 5% equity share.

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Moody's warns grocery sector of threat from rising minimum wage

Published:  03 August, 2015

UK retailers will struggle with the government's recently announced hike in the living wage, according to credit rating agency Moody's.

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Isle of Arran posts record growth despite slump of Scottish whisky sector

Published:  28 July, 2015

Independent whisky producer Isle of Arran Distillers has revealed record results for 2014.

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Strong Fever-Tree results consolidate market position

Published:  27 July, 2015

Fever-Tree, the UK-based manufacturer of premium mixers, has revealed strong growth for the first half of 2015. Its results for the six months to 30 June showed revenue of £24.1m - up 62% on the same period for the previous year.

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UK market strong for Rémy as China and Greece hit Cognac and liqueur group's sales

Published:  21 July, 2015

Rémy Cointreau enjoyed "healthy momentum" for its Rémy Martin Cognac brand in the UK as the French group reported an 11.2% increase in global sales for the brand in the quarter to June.

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Treasury sells Asti wine estate in Sonoma to Gallo

Published:  21 July, 2015

Australia's Treasury Wine Estates has sold its Asti Winery in Sonoma County in California to Gallo.

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The Smith Report: Could the Greece debt crisis have implications for the wine trade?

Published:  17 July, 2015

Could the Greece debt crisis have implications for the wine trade? Take a loot at the events leading up to the dramatic collapse and what the uncertainty means for the wine world

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Parker factor gives investment market a lift and promises 'high returns' - analyst report

Published:  14 July, 2015

A US investment analyst has suggested that a recent bounce back in market prices of fine wine has made it an attractive long-term proposition.

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Wine sales leap 10% as Bargain Booze operator improves revenue and profit

Published:  13 July, 2015
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Bargain Booze and Wine Rack operator in talks to take over Matthew Clark

Published:  09 July, 2015

Bargain Booze owner Conviviality Retail has suspended trading in its shares amid media speculation that it is in talks to buy the specialist on-trade drinks wholesaler Matthew Clark.

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New store openings help M&S post 3.2% rise in first-quarter like-for-like food hall sales

Published:  07 July, 2015

Marks & Spencer has reported a 3.2% increase in food hall sales in the 13 weeks to June 27. Like-for-like food sales were up 0.3% over the same period, with new store openings driving growth.

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Benriach earmarks £25m to expand warehouse capacity and buy mature stocks to fuel growth

Published:  07 July, 2015
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Constellation buys Meiomi luxury Pinot Noir brand as Q1 sales increase by 7%

Published:  02 July, 2015

Constellation Brands is to pay US$315 million to add the premium California wine brand Meiomi to its portfolio.

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Beer and tenanted pubs growth lift revenues for Greene King

Published:  01 July, 2015

Brewing and pubs group Greene King saw revenue growth of 3% in the 52 weeks to May 3, driven by beer sales in beer (+4.2%) and its Pub Partners lease, tenancy and franchise division (+3.5%).

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Asda sales decline 3.5% as discounters, Waitrose and Morrisons see growth

Published:  01 July, 2015

Asda saw the biggest sales decline of the big four supermarkets in the second quarter of the year as the growth of the discounters continued to have an impact.

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