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Asda continues slump as Tesco steadies in contracting market

Published:  08 March, 2016

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.

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Global trading platform for bulk-wine industry launched

Published:  08 March, 2016

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

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What the Living Wage means for the trade

Published:  08 March, 2016

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

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The Smith Report: Has China fully recovered?

Published:  08 March, 2016

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?

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London Stock Exchange singles out Chapel Down in annual SME report

Published:  23 February, 2016

Kent's Chapel Down winery has become the first UK wine producer to feature in the London Stock Exchange's annual 1000 Companies to Inspire Britain report.

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Treasury Wine Estates strong H1 results show profits double

Published:  18 February, 2016

Treasury Wine Estates released its interim results for the first six months ending on 31 December, 2015 with net profits after tax more than doubling to AUD$87.6m and net sales revenue up 22%.

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Distell posts strong growth and looks to double the size of the business by 2020

Published:  17 February, 2016

The Distell Group posted strong year-on-year growth following a record festive trading period and strong performances across Africa.

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Pernod Ricard outperforms Diageo with solid half-year profit growth

Published:  11 February, 2016

Global drinks giant Pernod Ricard has reported solid growth in the first half of its financial year 2015/16, with organic sales up 3% to £3.9 billion.

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WSTA calls for 2% cut in duty as sector gives Treasury a £200 million boost

Published:  08 February, 2016

The Wine and Spirit Trade Association has met with Treasury officials as part of its campaign for a cut in duty in next month's Budget.

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The Smith Report: Tesco in the Spotlight

Published:  05 February, 2016

Following the finding by the GCA that Tesco seriously breached the Code, what does it mean for the future of the supermarket giant? 

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Conviviality half-year figures show impact of Matthew Clark acquisition

Published:  01 February, 2016

Conviviality plc has released its first half-year results since its reverse takeover of leading on-trade distributor Matthew Clark last autumn.

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Diageo turns a corner with positive half-year results

Published:  28 January, 2016

Diageo posted a 1.8% organic rise in sales for the six months to December 31, 2015, according the figures released by the company today.

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SVB predicts US wine consumption to decline for the first time in 20 years

Published:  22 January, 2016

In the Silicon Valley Bank's annual State of the Wine Industry 2016 report released yesterday the financial services firm predicts that this year US wine consumption per capita will fall for the first time in 20 years.

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Rémy Cointreau bounces back with third quarter growth

Published:  21 January, 2016

Rémy Cointreau returned to growth in its third quarter, driving sales for the first nine months of its financial year to some £616 million, the company announced this morning.

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Casillero del Diablo drives Concha y Toro to new heights

Published:  20 January, 2016

Strong Christmas sales for its flagship Casillero del Diablo brand ended a successful 2015 for Concha y Toro, the company has announced.

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The Smith Report: The Brexit effect

Published:  08 January, 2016

With the revelation that the historic referendum could take place this year, should the wine trade be worried? Erin Smith investigates

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English and Welsh wine sales bring Xmas cheer at Waitrose

Published:  06 January, 2016

Sales of English and Welsh wines at Waitrose were up 8.5% year on year in the six weeks to January 2, the upscale multiple retailer has reported.

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Losses mount at Berry Bros & Rudd

Published:  21 December, 2015

Berry Bros & Rudd, wine merchants to the royal family, reported pre-tax losses of £11.4 million last year.

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First private equity fund focused on craft spirits sector launches in US

Published:  16 December, 2015

Thoroughbred Spirits Partners and the Thoroughbred Spirits Group have launched a US private equity fund focused on the craft spirits sector.

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£6.4 billion Christmas spending spree could rescue dismal year for multiples

Published:  16 December, 2015

Over £6.4 billion will be spent spent at the UK's leading supermarkets in the two weeks to Christmas, according to global information and insights giant Nielsen.

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