William Grant & Sons has promoted Kevin Abrook to become the company's first global whisky specialist for innovation and will start his new role on September 1.
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Retailer price wars coupled with the ongoing impact of the hard discounters saw overall UK retail sales slip back for the first time in two years, according to the latest British Retail Consortium /KPMG figures.
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Today Harpers.co.uk introduces a new section of the website that hopes to keep you up to speed with all the latest breaking financial stories affecting the global wine and spirits industry.
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The Smith Report takes a look at the opportunities for wine producers in South Africa, where its currency exchange has proven to be both its best friend and its worst enemy.
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Treasury Wine Estates issued a statement to the Australian Securities Exchange saying a third global private equity firm has made a proposed bid for the struggling wine conglomerate to buy all outstanding shares for the price of $5.20 cash per share.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.
Read more...Euromonitor says the alcoholic drinks industry as a whole is far less price sensitive than the trade has come to believe.
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Panos Sarantopoulos has been promoted to chief executive of Rémy Cointreau's liqueurs and spirits division after a successful time headling up Metaxa, the company's Greek spirit business.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.
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Diageo released is year-end financial results ending on 30 June 2014 and show that net sales declined and operating profits took a big hit for the 2014 fiscal year.
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Argentina is on the brink of defaulting on debt payments for a second time in 13 years over a dispute with hedge fund investors - such a default could seriously damage the country's wine industry.
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The crackdown in China on luxury products and gifting continues to hit major drinks players with Diageo expected to announce a further drop in sales in the country in its full year results this week including another hit on its premium baijiu brand, Shui Jing Fang.
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In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, Q&As, and opinion stories.
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Brown-Forman shareholders celebrated yesterday the success of its 2014 financial results which it said was "one of the company's most successful years in its 144- year history."
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Louis Vutton Moët Hennessy (LVMH) stock price is taking a hit as financial markets react to the conglomerate's half yearly results announced at close of business yesterday. This morning the stock was trading 6.12% lower, down from yesertday's close €141.25 per share to €132.75 (Bloomberg).
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Further signs the economy is recovering come today with the latest CBI retail figures that show volumes have grown solidly in the year to July and that retailers expect future sales to be even stronger through the summer.
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Rémy Cointreau released its Q1 2014/2015 results today, reporting organic sales have slipped another 5.7% during Q1 ending on June 30, 2014 with the decline being driven by Remy Martin Cognac revenue continuing to fall another 15%.
Read more...It's good news for the wine and spirits trade as the UK is set to be the fastest growing major advanced economy in 2014, according to Euromonitor's mid-year global economy update, which should boost consumer spending.
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Adrian Atkinson has left Pernod Ricard this week as part of a mini restructure of its commercial and marketing teams.
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Naked Wines released it financial performance results today for 2013 which includes a 40% increase in sales reaching £53 million driven by a 50% increase in the number of Angel investors.
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