The Bank of England warned of inflation rising beyond 2% on 14 October adding further concern to independent wine merchants who have already been forced to pass on price increases from suppliers to customers
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Major spirits producer Stock Spirits is incorporating three new producers to its arsenal.
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Beaujolais exports to the UK have enjoyed a second year of encouraging growth, with volume up 18% and value up 20.9% between July 2015 and July 2016.
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Japanese brewing giant Asahi has completed its acquistion of Miller Brands UK and the creation of Asahi UK, the company announced today.
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The wine and spirits division represented the second highest growth area for LVMH in its sales so far this year, with organic growth up 7%.
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West Sussex vineyard Bolney Wine Estates is set to announce a £2m investment this week, the Guardian has reported.
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A British-based holding company is claiming to be the first major prospective champagne house to open since Nicholas Feuillatte in 1972.
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The UK has been popping bubbly this week for National Champagne Week - a much needed boost for the category which has seen a slow down in growth over the past year.
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Sales at the UK's biggest grocery retailer have now risen for three quarters in a row following an all time low last year as it struggled to fend off stiff competition from the discounters.
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London restaurant chain M Restaurant has raised over half of its crowdfunding campaign target in under four hours, bringing the total up to £900,000.
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M Restaurant group is looking to add a third site called M SOCIAL as well as expand the use of the some of the current space at the M Threadneedle site and plans to finance the expansion by raising £1.5m on the Seedrs crowd-funding platform.
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Sainsbury's second quarter results show that the ongoing price wars are taking a toll on the retailer as like - for - like sales dipped a further 1.1%.
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William Grant & Sons premium spirit business reported an 8.9% increase in profits after tax hitting record high of £147.4m.
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The Co-operative Group saw profits drop to £17m in for the first half of the financial year, but revenue rose by 2.2% to £4.7bn compared to the same time period last year.
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Morrisons Supermarkets Plc first half of the year results are showing signs of recovery under the new leadership team and beat analysts expectations.
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Pernod Ricard is looking to save €400m as part of its 'operational excellence roadmap' intiative that is being rolled out between fiscal year 2016 through 2020, which includes SKU reductions of up to 30% in some regions.
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Brown Forman first quarter sales slide 5% to US$ 661m due to on going currency headwinds and challenges in emerging regions, but underlying net sales increased 2%.
Read more...Paul Schaafsma is set to step down as the chief executive officer of Accolade Wines in the coming months, but may stay on through the company's initial public offering which is set for next year, according to sources.
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Conviviality PLC have today advised suppliers of fundamental changes to the group's wine buying structure.
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Accolade Wines' majority owner, private equity firm CHAMP, has formally appointed Reunion Capital Partners as an adviser for the company's initial public offering (IPO), which is expected to be listed in the first half of 2017.
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