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

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%.

Stock Spirits criticse top shareholder who seeks to oust CEO

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

Jascots Wine Merchants undergoes a managment buyout

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.

New vodka brand unfazed by gains in gin

Constellation announces acquisition of Prisoner Wine Co for USD$285m to grow wine business

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.

Marks and Spencer food sales grow market share

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.

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

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.

Soho House's credit rating downgraded

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.

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

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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Pinkster gin launches £600,000 crowdfunding campaign on Growthdeck

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.

Smith Report: As an industry we have strength in numbers

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

Jerry Lockspieser: Are you an Inner or an Outer?

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.

Sainsbury's posts first quarterly sales rise for two years

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.

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

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.

Good news for Morrisons as group returns to profit

Big-four multiple retailer Morrisons bounced back into profit last year, according to figures released by the group today.

Asda continues slump as Tesco steadies in contracting market

The ongoing contraction in the UK's supermarket continued through February, according to the latest data from Nielsen, with sales down 0.8% by volume and 1.1% by value.

Global trading platform for bulk-wine industry launched

This week sees the launch of a new web-based exchange for the global bulk-wine industry.

What the Living Wage means for the trade

We all need to earn enough to survive. But the Chancellor's introduction of a Living Wage, announced last year and to be introduced this April, has proved controversial

The Smith Report: Has China fully recovered?

China, which once was the promised land for iconic wines, hit a tough patch, but with a growing middle class and an ever-growing appreciation for wine, could now be the time to start importing there?