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Majestic Wine sales soar, but profits slide

Published:  20 June, 2016

Majestic's financial year 2016 results show that while reported sales increased 41.3% to £402.1m, adjusted profits before taxes declined 30.3% to £15.0m for the same period as the company invests in a three-year transformational plan.

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Insights: Selling wine's 'craft' credentials

Published:  20 June, 2016

Last month at Harper's London Wine Fair Industry Briefing the debate focused on whether wine can cash in on the craft boom.

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The Smith Report: The art of buying and selling in the convenience channel

Published:  20 June, 2016

With the convenience channel experiencing heady growth, retailers must tailor their offer to consumers' habits.

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Lidl ramps up Wine Cellar promotions to capitalise on profitable footfall-driving initiative

Published:  17 June, 2016

Lidl ramps up Wine Cellar promotions to capitalise on profitable footfall-driving initiative

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Opinion: You Been On That Facetube Yet?

Published:  16 June, 2016

Wine blogger Mike Turner, the man behind Please Bring Me My Wine, which has more than 30,000 Twitter followers, challanges there is value in investing in social media for wine businesses.

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Younger and more female demographic driving boom in premium ale

Published:  16 June, 2016

A new report has revealed a 60% market value increase in bottled ale since 2011, thanks in part to more women opting for premium drinks in the ale category.

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AmazonFresh online offer launches

Published:  15 June, 2016

AmazonFresh officially launched yesterday in the UK taking on the major multiple retailers to grab market share in the online grocery market channel.

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Great Western Wine remodels shop to make room for 400 strong spirit range

Published:  15 June, 2016

Great Western Wines located in Bath are currently remodelling the space to accommodate a greatly expanded spirits range that the shop looks to offer.

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Gin now one in every three bottles of spirit sold at Waitrose

Published:  13 June, 2016

Waitrose has revealed that its top selling three spirits are now all gin - knocking out Pimm's from the top three - as the gin boom continues to gain ground.

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Tour de France partnership continues to drive growth for Concha y Toro

Published:  13 June, 2016

Chilean wine brand Cono Sur is continuing to make huge gains in the UK market thanks to its official partnership with the Tour de France.

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UEFA Euro 2016's drink windfall could total £200 million

Published:  13 June, 2016

With UEFA Euro 2016 kicking off this weekend, drinks retailers could stand to gain an estimated £200 million in additional sales throughout the tournament.

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Wine is still an 'old boys club' with women under-represented in key roles

Published:  10 June, 2016

Harpers columnist Guy Woodward used his column in this month's magazine to challenge the wine industry to be more inclusive and encouraging of female career development in all areas of the wine trade because ultimately it is good for business.

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Tesco confirms it is selling Giraffe and Turkish operations

Published:  10 June, 2016

Tesco has confirmed it will be offloading Giraffe and the Turkish arm of its operations for an undisclosed sum.

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Tesco tipped to announce sale of Giraffe and Turkish retail arm

Published:  09 June, 2016

Tesco is expected to offload Giraffe and the Turkish arm of its operations in a move to concentrate on its core grocery business.

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Halo effect in gin creating thirst for premium tonic

Published:  09 June, 2016

Premium brand 1724 Tonic Water has found a new UK distributor as it aims to gain ground in the growing premium tonic market.

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Mintel: Alcoholic beverages may be missing an opportunity with UK consumers

Published:  08 June, 2016

According to a new Mintel report released today, Brits are spending more on experiences and food related purchases as consumer spending habits change as part of the 'two-track recovery', providing a great opportunity for the wine category.

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Sainsbury's Q1 sales slide following the phasing out of multi-buy deals

Published:  08 June, 2016

Sainsbury's saw sales for the first quarter slide with like-for-like retail sales down 0.8% for the 12 weeks ending 4 June 2016.

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Profitability of lower-priced wines increasing stateside

Published:  08 June, 2016

Profits are up in the US even though volume is down as consumers trade up at the lower end of the market.

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Majestic launches in-store promotion with Chandon and Formula 1

Published:  07 June, 2016

Majestic Wine is jumping behind the global partnership between Chandon sparkling Argentinian wine and the McLaren Honda Formula 1 Team with a month-long promotion to promote wine and British racing in-store.

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State of uncertainty following the Conviviality and Bibendum deal still remains

Published:  06 June, 2016

A month on from Conviviality Retail acquiring Bibendum PLB, there still seems to be a state of uncertainty around what a deal of this magnitude could mean for the trade.

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