Business & Finance - Harpers Wine & Spirit Trade News

Mixers see highest growth of soft drinks driven by health trend and premiumisation

Published: 29 March, 2017

The Fever Tree effect is responsible for the rapid growth of mixers over the past 12 months.

"Worrying" times for Sainsbury's as supermarket points to unstable climate for sales set-back

Published: 16 March, 2017

Sainsbury's has warned of "very competitive" trading conditions in the wake of the post-Brexit sterling slump as the supermarket suffered a slight sales decline in the fourth quarter of the financial year.

Snapshot of gin as it's crowned the king of Christmas spirits' growth

Published: 08 March, 2017

The gin renaissance has been in full swing for some time now, but new data has confirmed its position as the major cause of excitement - and growth - in the spirits category.

Sales of bourbon predicted to explode in the UK over next five years

Published: 03 March, 2017

Sales of bourbon could rival those of Scotch in the UK over the next five to ten years new data has shown.

Halewood makes its first foray into beer

Published: 02 March, 2017

Halewood Wine & Spirit has acquired a majority stake in Lake District brewery Hawkshead marking its first foray into beer.

South African bulk wine takes a tumble as exporters play up premium

Published: 24 February, 2017

New data shows that bulk wine diminishing in volume and value dogged the success of South African wine in the UK in 2016.

Asda shows some recovery after troublesome 2016

Published: 23 February, 2017

Asda bosses said there is still a "lot of work to do" after the most recent sales figures showed some recovery for the ailing supermarket.

Christmas came early for Malbec at Concha y Toro

Published: 21 February, 2017

The nation's thirst for Argentinian wine has showed no signs of being quenched with Concha y Toro reporting sparkling Christmas sales for Bodega Trivento.

Rising demand in the US following sterling slump drives Scotch exports to three-year high

Published: 16 February, 2017

In the wake of the Brexit vote and the subsequent slump of the pound, the only upside was that the UK's exports seemed poised to become more attractive to oversees buyers.

Profits fall 15% at Heineken as Punch Taverns deal given go-ahead

Published: 15 February, 2017

Heineken has found itself on the sharp end of currency depreciation and global financial headwinds.

Californian value sales soar globally and in the UK despite currency depreciation

Published: 15 February, 2017

US wine exports - 90% from California - reached a record $1.62 billion in winery revenues in 2016, driven by the global reach of premumisation.

Sparkling to be worst affected by triple whammy of price pressures

Published: 14 February, 2017

It's Valentine's Day, which means consumers will be spurring on the nation's love of sparkling wine by heading to fizz shelves today.

Record half-year global profits at TWE, but Brexit costs lead to category decline in the UK

Published: 14 February, 2017

Treasury Wine Estates (TWE) is on its way to exceeding its 2016 full-year profit, having reached 75% of last year's full-year profit after tax while only half way through the year.

Jerry Lockspeiser: That's your bloody GDP. Not ours.

Published: 10 February, 2017

Mark Carney, the Governor of the Bank of England, recently announced an increase in the annual growth forecast for the UK economy from 1.4% to 2%. But things may not be as good as they sound.

Asia and the US drive 4% organic growth for Pernod Ricard

Published: 09 February, 2017

French spirits group Pernod Ricard has beaten analysts' expectations for its half year results, boosted by sales Irish whiskey in the US and overall sales in China.