Harpers Wine & Spirit Trade News

Alistair Morrell on how to grow a wine business in the UK

Published: 24 October, 2014

Where do you go if you want to grow a wine business in the UK?

Daniel Lambert signs up to Best Practice Guidelines and calls for more action

Published: 24 October, 2014

Daniel Lambert Wines is the latest company to sign up to the Harpers Best Practice Guidelines which looks to help suppliers and independent wine merchants work closer together.

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.

Treasury Wine Estate's to drive premium wines in the convenience sector

Published: 24 October, 2014

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.

Strong UK delegation of senior executives to appear at global Wine Vision conference

Published: 24 October, 2014

Robin Copestick of Copestick Murray, Troy Christensen of Enotria and Simon McMurtrie of Direct Wines are part of a strong UK line up of major executives that have signed up as key speakers at next month's global Wine Vision conference.

TescoGate: Credit rating downgraded in fear of shareholder litigation

Published: 24 October, 2014

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.

Waitrose predicts healthy future for South American and lighter style wines and spirits

Published: 24 October, 2014

South American wines and more left field grape varieties like an Austrian Grüner Veltliner or a Spanish Albarino are going to become far more trendy in the months ahead, according to the new Waitrose Food and Drink Report 2014.

TescoGate: suppliers should complain to Groceries Code adjudicator

Published: 24 October, 2014

A leading wine trade lawyer has called on suppliers who feel they have been badly treated by Tesco or any other supermarket, to complain to the Groceries Supply Code adjudicator.

TescoGate Live: What the national business press said of Tesco's 92% profits fall

Published: 23 October, 2014

The national media's business press has been busy this morning analysing Tesco's half-year 92% drop in pre-tax profits and even larger accounting black hole and looking at ways it can get itself out of the mire and back to leading the UK grocery retail market.

Australia's McWilliam's Wines buys back Gallo shares

Published: 23 October, 2014

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

TescoGate Live: Serious Fraud Squad watching profits black hole inquiry with "interest"

Published: 23 October, 2014

The Serious Fraud Squad has said today it is "following developments at Tesco with interest" on the back of news that the profits black hole at the UK's biggest supermarket is higher than first thought.

TescoGate Live: Profits blackhole worse than feared as pre-tax profits fall 92%

Published: 23 October, 2014

The sales crisis at Tesco is even worse than first feared with a 92% drop in pre-tax profits for the last six months, an even larger profits black hole than first announced and a blunt admission from new chief executive, Dave Lewis, that it has its work cut out to win back the trust of its customers.

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

Published: 22 October, 2014

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

Published: 22 October, 2014

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.

Tesco's woes continue with further drop in sales as Waitrose hits record market share

Published: 22 October, 2014

Tesco continues to lose market share to its grocery rivals at both ends of the retail spectrum, according to the latest figures from Kantar Worldpanel which reveals that Waitrose achieved its record performance for the last 12 weeks of trading.

Leading lights of UK wine trade gather for today's Harpers France Summit

Published: 21 October, 2014

Leading figures from all channels of the wine trade will be today taking part in the second Harpers France Summit to look at ways in which retailers, restaurants, distributors and importers can make the most of French wine in the UK.

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

Published: 20 October, 2014

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

TescoGate will rock trust and confidence in all grocery multiples warn retail analysts

Published: 20 October, 2014

Leading City and retail analysts fear consumers will be "horrified" by the fall-out from the Tesco accounting scandal which could have a knock-on effect on consumer confidence of not only the UK's biggest supermarket but across all major grocery retailers.

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

Published: 17 October, 2014

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 will see end to "dodgy practices" and a reformed grocery sector, predict analysts

Published: 17 October, 2014

The grocery retail sector will never be the same again in the wake of the TescoGate accounting scandal now the lid has been lifted over supermarket and supplier relations.