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Co-op remains tight-lipped on plans to sell off 300 stores

Published:  20 April, 2016

The Co-op has refused to deny rumours that it is planning to sell off 300 of its unwanted shops to manage debt and improve the rest of the chain.

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Poland row heats up as Stock Spirits urges shareholders to vote against Western Gate's recommendations

Published:  19 April, 2016

Stock Spirits is recommending that its shareholders vote against Western Gate Private Investment Ltd's recommendations, in an increasingly heated row over loss of market share in Poland.

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Rémy Cointreau year results show growth as Asian trading improves

Published:  19 April, 2016

Rémy Cointreau saw net sales grow 8.9% for the 2015/2016 financial year to just over €1.050 billion with strong growth being driven "on the back of improving trends in Greater China."

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Schenk Group purchases Italian winery

Published:  14 April, 2016

Leading wine supplier Buckingham Schenk's parent company has purchased a new winery in Tuscany.

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Tesco's turnaround: Retailer post quarterly growth

Published:  13 April, 2016

Multiple retailer Tesco posted its first quarterly sales growth in nearly three years signalling that the supermarket giant's turnaround is gathering momentum.

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LVMH Q1 miss expectations, but wine & spirits division shows growth

Published:  13 April, 2016

Luxury conglomerate LVMH first quarter results, which were released on Monday, missed analysts growth expectations, but the company's wine and spirits division Moët Hennessy did show sales growth of 4%.

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Stock Spirits criticse top shareholder who seeks to oust CEO

Published:  12 April, 2016

Stock Spirits has hit back at its largest individual shareholder for trying to depose its chief executive officer while having a "conflict of interest".

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Jascots Wine Merchants undergoes a managment buyout

Published:  11 April, 2016

Miles MacInnes, the sales and marketing director at Jascots, and John Charnock, managing director at Jascots, have acquired a controlling stake in the business from founder Jack Scott.

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New vodka brand unfazed by gains in gin

Published:  11 April, 2016
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Constellation announces acquisition of Prisoner Wine Co for USD$285m to grow wine business

Published:  08 April, 2016

Constellation Brands Inc. has announced its purchase Prisoner Wine Co along with is annual 2016 fiscal results, which show strong growth for the rapidly expanding company.

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Marks and Spencer food sales grow market share

Published:  08 April, 2016

Sales of clothing and homeware at Marks and Spencer continued to fall in the fourth quarter, but the food and drinks section continues to be a saving grace for the high street stalwart.

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Analysis: The wine trade has a case of 'Budget Blues' and rightfully so

Published:  08 April, 2016

The wine trade has a case of the 'Budget Blues. While spirits, beer and cider saw a duty freeze in the 2016 Budget, wine duty was handed an increase in line with inflation.

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Soho House's credit rating downgraded

Published:  06 April, 2016

On Monday Moody's Investor Service credit rating agency downgraded the Soho House & Co and the Soho House Bond from Caa1 to Caa2, which is considered speculative grade is rated as poor quality and a very high credit risk.

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Chapel Down's Curious Drinks gains hundreds of new stakeholders and £1.7m investment

Published:  06 April, 2016

Curious Drinks, Chapel Down's wholly owned subsidiary beer and cider business Curious Drinks, has welcomed nearly 900 new stakeholders after raising over £1.7m in a crowdfunding initiative.

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Enter Story Headline

Published:  05 April, 2016
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Pinkster gin launches £600,000 crowdfunding campaign on Growthdeck

Published:  04 April, 2016

Pinkster gin, the producer of raspberry flavoured and lightly coloured pink gin, has launched a crowdfunding campaign in an effort to raise a minimum of £600,000.

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Smith Report: As an industry we have strength in numbers

Published:  01 April, 2016

Following the increase in wine duty doled out in the recent Budget and looking ahead to Brexit, it is important the trade have a united voice

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Jerry Lockspieser: Are you an Inner or an Outer?

Published:  22 March, 2016

Are you an "inner" or an "outer"? This is not a question about bicycle tyres but the increasingly vexed matter of where you stand on Britain's membership of the European Union.

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Sainsbury's posts first quarterly sales rise for two years

Published:  15 March, 2016

Sainsbury's has posted its first quarter of growth for over two years, amid signs that health is returning to the UK's beleaguered multiple retailers.

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Profits slashed at Stock Spirits as Polish market woes take their toll

Published:  10 March, 2016

FTSE-250 Central and Eastern European branded spirits producer Stock Spirits posted disappointing 2015 results today on the back of problems in the pivotal Polish market.

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