French drinks heavyweight Pernod Ricard saw a 5.9% decline in organic sales to €5.25bn in the first half of its financial year. Declines were most concerning in the US and Chinese markets, falling 15% and 28%, respectively.
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Diageo GB has significantly expanded its field sales team with the recruitment of over 100 new roles.
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Australian industry giant Treasury Wine Estates (TWE) has posted significant losses for the first half of its financial year – $649m (all money figures detailed in AUD). This comes after settling its dispute with US distributor RNDC earlier this month and most significantly the writing down of the value of its US business in November of last year.
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Jackson Family Wines has announced that Tim Brown (pictured) has succeeded Rick Tigner as CEO of the California-based producer.
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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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Fine wine investment platform Cult Wines has released its Top Wines of 2025 report, which offers a “cautiously optimistic” look forwards to 2026.
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Online wine retailer Virgin Wines has released its Christmas trading update, which shows a strong performance across the seven weeks to 26 December.
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As reported by the BBC and elsewhere, Revel Collective – the parent company of the Revolution bar chain, Revolucion de Cuba and Peach Pubs – has filed to enter administration.
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A new study by MMR Research has found that nearly four in ten UK consumers (39%) say they are lowering their alcohol consumption because of affordability.
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Wine retail giant Majestic has seen its profits before tax almost cut in half year on year – falling from £14.3m for FY24 to £7.7m for FY25 as detailed in its Companies House filing for the 2025 financial year (ending 31 March 2025).
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UK-based wine distributor North South Wines has announced the acquisition of the When in Rome wine brand, marking a significant addition to its range of sustainable and alternative wine brands.
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Wine investment platform WineCap has rounded off the year by revealing the best performing wines from the three most important wine regions globally (in terms of demand) – Bordeaux, Burgundy and Champagne.
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According to a new report from market research firm Circana, private labels now account for 42% of the value of all consumer packaged goods (CPG) sold across what it calls the EU6 (France, Germany, Italy, Spain, the Netherlands and the UK).
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Family-owned retailer Direct Wines Ltd – best known in the UK for Laithwaites and the Sunday Times Wine Club – has appointed Philippa Strub as the new group CEO.
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The premium wine distributor Bibendum has released a new ‘Vinonomics’ graph (pictured) which breaks down the different costs that make up the price of a bottle of wine, following the Autumn Budget.
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In the wake of the Budget, the Wine & Spirit Trade Association (WSTA) has released a table (below) revealing just how much the duty increases will impact prices for the consumer, further dampening demand for wines and spirits.
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Hallgarten & Novum Wines MD Andrew Bewes is to step down from his role at the end of March 2026.
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More than half of UK hospitality businesses are anticipating further layoffs and/or price rises if the upcoming Budget fails to deliver urgent support, according to a new joint survey.
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HMRC take from the so-called ‘sin taxes’, comprising alcohol, tobacco and gambling, have continued on a downward trajectory, having fallen 35% in the last decade, according to research by leading accountancy firm UHY Hacker Young.
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Alcohol data and insights company IWSR has forecasted a -2.4% decline in global wine volume sales for 2025. This plays out against the background of a predicted -0.4% fall in global beverage alcohol volume sales for the year.
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