TescoGate Live: Analysts take to Twitter in reaction to Tesco's profits black hole

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.

Master sommeliers Gerard Basset and Kathrine Larsen flag French wine potential in on-trade

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. 

TescoGate results video: Chief executive Dave Lewis in his own words

Tesco's chief executive is looking to "re-energise" the company following the "body blow" of its financial scandal, but has so far revealed scant detail of his plans.

Australia's McWilliam's Wines buys back Gallo shares

Australia's McWilliam's Wines Group has returned to 100% family ownership after buying the remaining shares owned by E&J Gallo.

Vin de France has driven 'important growth' for French wine

The creation of the Vin de France category has driven "important growth" in French wine exports as well as acceptance among younger consumers, Harpers France Summit heard.

TescoGate: Retailers will take greater care of suppliers now "genie" is out of bottle

The TescoGate accounting crisis means retailers will take greater care in their dealings with suppliers, now the "genie is out of the bottle", experts have told Harpers.co.uk.

Ex- Gonzalez Byass marketer Jeremy Rockett starts own business

Former González Byass marketing director Jeremy Rockett has set up his own business, Rockett Science, advising wine firms on their marketing.

Harpers French Wine Awards celebrate champions in the UK trade

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.

Graham's solves problem of vintage Port gift giving

Vintage Port lovers can now mark significant dates, such as births or weddings, with a pre-ordered Graham's Port for the year of their choosing.

Virgin Wines ramps up focus on home wine tastings as sales rocket

Virgin Wines is turning the spotlight onto home wine tasting parties by adding new recruits and rebranding from Fabulous Wines to Wines at Mine after seeing sales grow 54% in the past year.

Matthew Clark sees British drinks soar in popularity

On-trade drinks supplier Matthew Clark has seen sales of English wines soar by 53% in the past year, with home-grown beers and spirits following suit.

H2Vin boosts fine wine focus with two new recruits

Over 200 wineries head for Amsterdam's expanded World Bulk Wine Exhibition

Up to 200 wineries will be heading to Amsterdam next month for the sixth annual World Bulk Wine Exhibition.

Encirc's glass division - the former Quinn Glass - up for sale

Quinn Glass, the €400 million glass division under the now renamed Encirc umbrella, is up for sale by the group of lenders which owns its parent company Aventas.  

TescoGate will lead to 'seismic change' in retailer/supplier relations, says Angela Mount

Ex-Somerfield head wine buyer Angela Mount says the Tesco accounting scandal has lifted the lid on how retailers treat suppliers and given suppliers the "strength to speak out".

TescoGate Special Report: how will retailers and suppliers work together in the future

Leading analysts and trade experts are divided over whether the Tesco accounting scandal will have ramifications for the wider trade. Some say there will be "no change whatsoever" in the retail landscape, while others say the change will be "seismic".

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

In a week where the wine trade was rocked by the suspension of Tesco's wine boss Dan Jago, much of the focus has been on the supermarket. In case you missed any of the headlines on harpers.co.uk, check out our review of the top online and financial news for the drinks trade, Q&As, and opinion pieces.

Bordeaux to launch first global marketing campaign to address falling sales

The Conseil Interprofessionel du Vin de Bordeaux (CIVB) is launching its first global marketing campaign to help counter falls in sales by both volume and value. Its seven priority markets - China, USA, UK, Japan, Germany,  Belgium and France - will soon be flooded with new atmospheric images drawn up by leading British advertising agency, Isobel.

Pernod Ricard unveils marketing campaigns for Jameson, Chivas and Brancott Estate

Pernod Ricard's Jameson, Chivas Regal and Brancott Estate brands will be receiving a major boost with the launch of separate marketing campaigns this autumn.

More Americans turning to wine, says Wine Intelligence

More Americans than ever are drinking wine on a regular basis, with those consuming wine at least once a month having increased by 40% to 91 million in the past five years.