Harpers Wine & Spirit Trade News

Smith Report: Crowdfunding wine in the digital age

Published: 03 December, 2014

This year's DWCC touched on the issue of crowdfunding and peer-to-peer lending as a potentially untapped opportunity in the wine trade.

The Week That Was: Top news, Q&As and opinion on Harpers.co.uk

Published: 28 November, 2014

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.

TescoGate: Three suspended bosses reported to have left Tesco with more to follow

Published: 28 November, 2014

Kevin Grace, group commercial director, Carl Rogberg, UK finance director, and John Scouler, UK food commercial director, three of the executives that were suspended from Tesco following its accounting crisis have left the company, according to a Financial Times report. Other suspended executives, including head of beers, wines and spirits, Dan Jago,could be dismissed next week, according to media reports.

The Week That Was: Wine Vision recap, top news, Q&As and opinion on Harpers.co.uk

Published: 21 November, 2014

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.

Brown-Forman raises its dividend, continuing strong performance

Published: 21 November, 2014

Brown-Forman shows little signs of slowing down following the "most successful year" in the company's history, announcing yesterday that it would be increasing its quarterly cash dividend by 8.6% to $0.315 per share.

UK grocery market declines for first time in 20 years, says Kantar WorldPanel

Published: 20 November, 2014

The ongoing price wars in the British grocery market have led sales to decline by 0.2% - the first decrease since market research firm Kantar World Panel began keeping records.

Knight Frank teams up with Wine Owners to create fine wine index

Published: 18 November, 2014

Global property consultancy Knight Frank has teamed up with portfolio management platform Wine Owners to launch the Fine Wine Icons Index.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 14 November, 2014

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.

Constellation Brands hits a 52-week high for third time this year

Published: 13 November, 2014

Constellation Brands (STZ) hit a 52-week high in trading yesterday, peaking at US$95.09 per share and closing the day at $94.02, which is the third time this year the company has hit a yearly record level.

Sainsbury's profits drop due to 'once-in-a-generation' shifts in retail sector

Published: 12 November, 2014

Sainsbury's half-yearly results show the company's underlying profits dropped 6.3% to £375 million, the worst performance in over a decade for the company.

Treasury Wine Estates 'extremely difficult' decision to close Ryecroft winery

Published: 10 November, 2014

Treasury Wine Estates has made the "extremely difficult" decision to close its Ryecroft winery in McLaren Vale in South Australia.

Diageo's bet on Don Julio Tequila applauded by analysts

Published: 10 November, 2014

Last week Diageo announced it agreed to acquire Don Julio Tequila in exchange for its Bushmills Irish whiskey brand with Jose Cuervo in a move that has been widely applauded by analysts.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 07 November, 2014

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.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 31 October, 2014

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.

TescoGate: Tesco and Serious Fraud Office confirm criminal investigation

Published: 29 October, 2014

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.

The Week That Was: Tescogate and other top news, Q&As and opinion on Harpers.co.uk

Published: 24 October, 2014

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.

Pernod Ricard returns to growth in Q1 despite wine sales decline

Published: 23 October, 2014

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.

Diageo Q1 sales down, but hopes for full year growth

Published: 16 October, 2014

Spirits giant Diageo's first quarter organic net sales were down 1.5% thanks to weak emerging markets, the firm has said.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 10 October, 2014

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.

Distell acquires International Beverage Company to increase US presence

Published: 07 October, 2014

Distell Group, South Africa's largest drinks producer, has acquired International Beverage Company in Atlanta, Georgia in an effort to grow its presence in the US market.