Majestic declares itself fighting fit for tough market ahead

Majestic Wine’s full year results to 2 April 2018 reported group sales up 2.3%, driven by underlying sales growth of 11% at Naked Wines, in line with the company’s forecasts.

Industry leaders plan for multiple scenarios as uncertainty continues to Brexit D-Day

With Brexit D-Day less than a year away, this year’s Wine and Spirit Trade Association-hosted briefing at the London Wine Fair (LWF) promised a glimpse at how the trade is preparing for life after Brexit.

Jerry Lockspeiser: The rise of the empowered consumer

“Business leaders can no longer assume that consumers make rational decisions about which products to buy and use. Today’s empowered customers no longer purchase products; they buy experiences. They engage with brands that deliver what they need, when they need it, regardless of the delivery mechanism or channel.

LWF: Uncertainty continues to cloud Brexit debate to 2020 and beyond

With 312 days to go until the UK officially leaves the EU, the effect of economic uncertainty and how the trade is placed to take advantage of opportunities offered by Brexit formed the crux of discussions at one of the opening debates of the London Wine Fair this morning.

Siglo to receive a "new lease of life" following Pernod sale

One of the original Rioja brands to make a splash in the UK is changing hands and is due to be revitalised with a whole new look.

UK sales of Aperol and Campari drive group growth

Campari’s stable of brands continue to drive “sustainable growth” for the group, including Aperol and Campari, where sales rose in the UK during the first three months of the year.

Jerry Lockspeiser: Are we in the wine business or the business of wine?

Barely 50% of UK start-ups make it to their third birthday (ONS figures). 20% of American businesses fail before they are one year old, around half make it to five years, and just 30% are still going after a decade (USA Today).

Looking ahead after Conviviality's fall

Not too big to fail: Where it all went wrong for Conviviality

With annual sales of £1.6bn and shares flying high at 425p each on the stock market at the end of 2017, Conviviality seemed to be more than keeping its head above water in the choppy seas of today’s difficult trading environment.

C&C and AB InBev to acquire Matthew Clark and Bibendum PLB

Brewing company C&C in partnership with AB InBev are likely to save Matthew Clark and Bibendum PLB.

Conviviality to file for administration after failing to raise emergency funds

Conviviality has confirmed the board has resolved to file notice of intention to appoint administrators following discussions with its lending banks.

Conviviality breakup likely as £125m fundraiser fails

Conviviality Plc has failed to raise the £125 million needed to recapitalise the business following a tumultuous month which saw three profit warnings, its market value tumble, shares suspended and the departure of CEO Diana Hunter.

Cash strapped Conviviality looks to equity fundraise to meet £30m tax bill

Cash strapped wholesaling group Conviviality has announced it is in talks to begin equity fundraising in to plug a £30m tax shortfall which is due on March 29.

Fever-Tree continues to lead the premium pack by adapting to low-cal and dark spirit trends

Fever-Tree accounted for 91% of the value growth of all mixers on the UK’s retail shelves last year, as the UK-based company continues to lead the march of premium mixers.

Sparkling drives growth as inflation bites down on average prices

Volume sales of alcohol continued to decline in the UK off-trade in 2017, but value sales increased in both yearly and quarterly sales, particularly in sparkling wine, which remains the main driver of growth for the overall wine category.

Jerry Lockspeiser: Plan or passion - what's the key to business success?

“I realise just how few grand theories I have, to what an extent the Blizzard was created by a series of small individual decisions without any great defining vision behind it, how we keep muddling through….we still tend to judge things by how interesting we find them rather than by what traffic they may generate…”

Skyrocketing Aperol lifts Campari’s spirits

Italian spirits group Campari has posted strong annual results boosted by the success of Aperol.

Solid wine growth at Distell backed by R22 million investment to mitigate effects of drought

Distell Group’s results for the six months to 31 December 2018 report revenue up 9.3% on increased volumes of 3.7%, up to R13.4 billion (£828 million).

Pernod extends Wincanton partnership

Pernod Ricard has renewed its long-standing partnership with Wincanton in the UK.

Profits jump 25% at Pernod Ricard

Pernod Ricard is celebrating rising profits of 25% in the first half of the 2018 fiscal year, with growth driven by stronger demand in China, India and at its travel retail division.