The Serious Fraud Office has launched a criminal investigation into Tesco's accounting irregularities after the retailer confimed it had mis-stated profits by £263 million.
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Rebecca Asseline has been appointed the global brand ambassador for Courvoisier.
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Treasury Wine Estates has identified a $1 billion opportunity to grow wine sales in the global travel retail sector and has strengthened its travel retail sales team to capitalise on the potential growth.
Read more...English gin consumption has been dominated primarily by the US, Spain and the UK, but Euromonitor is beginning to see signs of change as the product becomes more popular in Western Europe.
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The International Wine Challenge 2015 first tranche online submission window will be closing in two days on October 30, 2014.
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Vinho Verde has come along way since its Peninsular War origins. This lush, green and mountainous appellation, first demarcated in 1908, makes up 18% of Portuguese output and has 101 export markets, of which Britain, Germany and Brazil are the fastest growing.
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The International Organisation of Vine and Wine has confirmed France is once again the world's biggest wine producing country, knocking Italy out of the top spot.
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Burgundy School of Business's recently launched School of Wine & Spirits Business (SWBS) saw the number of students rise by 30% to nearly 140 students for the 2014-2015 academic year.
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Broadland Wineries is bringing its first sparkling wine and first old world product to the UK in the form of Prosecco Filipetti.
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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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Treasury Wine Estates will continue to focus on the opportunity and potential for premiumising wines in the convenience sector through the festive trading period and into 2015.
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Moody's Credit Agency further downgraded Tesco short and long-term credit in response to company's announcement yesterday that it had overstated profits by £263m. Tesco's ratings will remain on review for further downgrades due to concerns over the potential financial impact for shareholder litigation.
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Following Tesco's announcement this morning that profits had been over estimated by £263m resulting in 92% drop to £112m, analysts have taken to Twitter to share their reactions.
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Top sommeliers Gerard Basset and Kathrine Larsen say the on-trade needs to trust staff, not be afraid to have a French wine as the house offering, and tell compelling stories in order to boost sales in the category.
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Pernod Ricard returns to growth in Q1 with organic sales increasing 2% and sales totalling €2,037 million despite the company's Priority Premium Wines category posting a 3% decline in net sales.
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The second annual Harpers French wine awards were held at the conclusion of yesterday's France Summit 2014 in London and recognised those people and business which are championing French wines in the UK trade.
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Moody's, one of the biggest international credit rating agency, predicts that Tesco, Sainsbury's, Asda, and Morrisons will see continued to see dwindling profit margins over the next 12 to 18 months.
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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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This week's Chief of the Week is former Somerfield head wine buyer Angela Mount for having the guts to stand up, stick her head about the parapet and tell the world what it is really like to be at the sharp end as a supermarket buyer when the s**t hits the fan.
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Famous Cognac house Rémy Martin is opening a members' only club in London for two weeks from November 25- December 6, 2014 .
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