The Smith report: the rise of Scotch as an alternative to fine wine investors

According to a new report by Rabobank released in June, Scotch whisky is currently going through a boom. But Scotch producers could learn a thing or two from the wine trade in that regulating the peaks and troughs of supply and demand is necessary to increase value over the long term. So could Scotch whisky now rival fine wine as an alternative investment?

Treasury Wine Estates appoints Coca-Cola exec to lead Asia and Europe

Tough fiscal year end closes for drinks industry's biggest players

There won't be many corks popping across the drinks industry this week as the summer marks what has been tough fiscal year for the sector dominated by a slowdown in growth in China.

Treasury changes Penfolds release dates as it writes down AU$260m

Treasury Wine Estates says 2015 will be a "reset year" as it writes down AU$260 million for 2014 and prepares to consolidate Penfolds' release dates to October to better manage allocations.

James Miles makes the case for the fine wine exchange

Exchanges have been in existence for hundreds of years, yet the concept of an exchange for fine wine is relatively new. Here James Miles, Liv-ex director, examines the origin and role of exchanges, and why the fine wine exchange has played a central role in the growth of the global market.

Scotch whisky starts to offer investors greater returns than fine wine

The rise in demand and consumption of whisky around the world is helping to develop a market for Scotch whisky as an investment vehicle similar to what has occurred with ultra-premium wines.

Asia offers better time for major spirits brands says Rabobank

Asia could offer major spirits brands the chance to drive up prices and margins as the market opens up to premium established brands  through acquistions and mergers, according to Rabobank's latest spirits report. 

Brown-Forman's income and sales growth driven by Jack Daniels whiskey

Brown-Forman reported that for the fiscal year end on April 30, 2014, net sales increased by 4% and operating income increased by 8%, largely driven by organic growth with the Jack Daniel's brand.

The Smith Report: The draw of private equity firm investing in wine

Robert Nicholson, principal at International Wine Associates exlpains the draw for private equity firms to invest in wine

Treasury Wine Estates declines AUS$3 billion acquisition deal

Treasury Wine Estates declined an offer which was proposed in April from Kohlberg Kravis Roberts to buy the company for a cash price of AUS$4.70 per share, valuing the offer at AUS$3.05 billion.

Diageo to sell Whyte and Mackay to Alliance Global Group for £430m

Emperador Inc, part of the Philippines Alliance Global Group, confirmed today it has agreed to purchase Whyte & Mackay from United Spirits for £40 million.

Diageo in talks to sell Whyte & Mackay to Alliance Global Group

Diageo is reportedly in advanced talks with Alliance Global Group as a possible purchaser of the Whyte & Mackay spirits business, according to the financial press.

En Primeur 2013 final verdict is "better than expected"

Gavin Quinney, owner and winemaker of Château Bauduc in Bordeaux, gives his definitive verdict on the 2013 en primeur campaign with his own detailed analysis of all the main Bordeaux chateaux wines, including his recommendations of what to buy now, what to age and what to avoid.

Treasury Wine Estates: UK wine industry missing a £200m opportunity in the convenience channel

The UK wine industry is missing out on a potential £200m lost opportunity in the impulse and convenience channel, according to new research from Treasury Wine Estates.

The Smith Report: Is fine wine investment dead?

Erin Smith talks to Liv-ex director Justin Gibbs about the struggling en primeur and the implications this year's campaign has on fine wine investments

Beam Suntory US$16billion acquisition deal closes

Suntory's acquistion deal worth US$16 billion of Beam Inc officially closed yesterday making the renamed company Beam Suntory the third largest maker of distilled drinks in the world.

Naked Wines turns to London Stock Exchange to help its next phase of growth

Naked Wines is preparing for the next stage in its rapid growth by joining a London Stock Exchange business support programme.

Pernod Ricard posts €127m net sales loss in Q3

Pernod Ricard, which released its Q3 financials today, posted a net sales loss of €127 million for the nine months of the 2013/2014 financial year, which is down 7% compared to last year for the same period, primarily due to heavy declines in Asia and other emerging markets.

Pernod Ricard to buy California's Kenwood Vineyards

Pernod Ricard is strengthening its US business with the purchase of Kenwood Vineyards in California's Sonoma Valley from F Korbel & Bros.

Suntory to lose three key Beam executives

Beam Inc, which is in the final stages of being acquired by Suntory Holdings Ltd, has reported its chief financial officer and two other executives have announced their intention to resign.