Ridgeview acquired by consortium led by Quantum Beverage Co
Sussex wine producer Ridgeview Wine Estate has announced that it has been acquired by an investor consortium – QBRidge Ltd – led by Quantum Beverage Co (QBev).
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Sussex wine producer Ridgeview Wine Estate has announced that it has been acquired by an investor consortium – QBRidge Ltd – led by Quantum Beverage Co (QBev).
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Fresh data from IWSR can reveal that global total beverage alcohol (TBA) consumption volume was in decline during the first half of the financial year, with a drop of -1% reported.
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The wine investment platform WineCap has released its Q3 2025 Fine Wine Report, highlighting a strengthening market background.
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Multinational wine producer Viña Concha y Toro has reported a strong third quarter, unveiling a sales increase of 10% - its eighth consecutive quarter of growth.
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Online wine retailer Virgin Wines has released its results for FY25. For the period ending 28 June 2025, the business saw revenues remain stable at £59m (FY24: £59m) with earnings slightly down.
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Many things have surprised me during 40 years in the wine business. Sometimes this was due to my naivety or ignorance. Sometimes it was the amazing abilities, creativity or kindness of others. And sometimes, alas, the mendacity or dishonesty of bad actors.
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Irish drinks company C&C Group has reported its trading for the first half of the financial year to 31 August 2025. The business saw net revenues drop 4% compared to last year, in line with its expectations for the period.
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Establishing a lay of the land for our new tariff world order is an unenviable task. For much of the planet the final tariff landscape is yet to take a solid form. For UK wine and spirits producers, however, there appears for now to be a clearer picture of how their drinks will be levied entering the United States.
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As we head towards the conclusion our Summer Q&A series Tom Gearing, CEO of wine investment firm Cult Wines, considers how his business has fared so far this year and the technology spurring on its progress.
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Research from Zest, the employee benefits technology provider, and Opinium has highlighted that almost one-in-five hospitality businesses (18%) are planning redundancies this year due to National Insurance Contributions (NICs) rises.
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The closure of the three M Restaurant sites in London in May is, perhaps, as good a metaphor for the UK’s beleaguered restaurant trade as any. The first venue opened in 2014 as a big steak, big wine bling-fest for flush City workers, expanding with further venues pre and post Covid. It was plush, premium and successful. Now, following a huge rent increase from its landlord, it’s no more.
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A new report from wine investment firm Winecap shows that although a drop of -3% was seen for the Liv-ex 100 index in Q2 of 2025, the pace of decline slowed, highlighting potential signs of stability.
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Online wine retailer and wholesaler Good Wine Good People (GWGP) has announced a fresh crowdfunding round in a bid to expand the business.
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Callum Woodcock (pictured, left) has just come out of what he describes as fundraising mode, when he, colleague Ollie Thorpe (pictured, right) and I meet to talk about their year-old start-up.
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The wine investment company WineFi has added Matthew Small (pictured, right) to its team as head of investment.
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Italian drinks giant Campari Group has seen a –4.2% fall in organic net sales for Q1 of 2025. The company believes the drop has come amid ‘heightened macroeconomic volatility’, in part caused by the uncertainty caused by US tariffs during this period.
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Australian Wine Holdco Limited (AWL), the consortium of institutional investors, has announced the creation of a new global wine company, Vinarchy. The announcement signals the finalisation of the sale of Pernod Ricard’s international wine portfolio to AWL.
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Data released from parent company LVMH shows that its wine and spirits division Moët Hennessey has seen a year on year drop in revenue when comparing to Q1 2025 to Q1 2024, driven by a poor performance for its cognac and spirits brands. The luxury goods giant believes this revenue fall is partly due to the ongoing ripple effects of tariff uncertainty.
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A new strategic plan from Naked Wines has been announced by the online retailer, including the aspiration of reaching £10-15m annual earnings before earnings before interest, taxes, depreciation and amortisation (EBITDA) in the medium term.
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Ferovinum, the company that provides capital against wine and spirits inventories, has unveiled a new funding facility with BCI Finance that will enable it to increase the scale of its support.
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