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New store openings help M&S post 3.2% rise in first-quarter like-for-like food hall sales

Published:  07 July, 2015

Marks & Spencer has reported a 3.2% increase in food hall sales in the 13 weeks to June 27. Like-for-like food sales were up 0.3% over the same period, with new store openings driving growth.

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Benriach earmarks £25m to expand warehouse capacity and buy mature stocks to fuel growth

Published:  07 July, 2015
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Constellation buys Meiomi luxury Pinot Noir brand as Q1 sales increase by 7%

Published:  02 July, 2015

Constellation Brands is to pay US$315 million to add the premium California wine brand Meiomi to its portfolio.

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Beer and tenanted pubs growth lift revenues for Greene King

Published:  01 July, 2015

Brewing and pubs group Greene King saw revenue growth of 3% in the 52 weeks to May 3, driven by beer sales in beer (+4.2%) and its Pub Partners lease, tenancy and franchise division (+3.5%).

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Asda sales decline 3.5% as discounters, Waitrose and Morrisons see growth

Published:  01 July, 2015

Asda saw the biggest sales decline of the big four supermarkets in the second quarter of the year as the growth of the discounters continued to have an impact.

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Naked accounts show 2014 profit for UK operation as number of angels soars

Published:  01 July, 2015

Documents lodged at Companies House show that the UK operation of Naked Wines turned a profit for the first time in 2014.

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Write-down of Brugal rum value puts dent in Edrington figures

Published:  30 June, 2015

Famous Grouse producer Edrington has written down the value of its Brugal rum brand to reflect revised future expectations of the brand's performance.

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Romanian producer Cramele Recas doubles bottling capacity to meet surge in demand

Published:  29 June, 2015

Romania's largest wine producer is spending €2 million on an upgrade to its packaging facilities to double its capacity.

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Neil Bruce appointed as the new head of wine for Fuller's

Published:  24 June, 2015

Neil Bruce joined brewery, pub chain and inn operator Fuller, Smith & Turner P.L.C earler this month as the new head of wine replacing Mark Dally, the current wine and purchasing director.

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Lanson Champagne year end results down slightly, but looks to expand globally

Published:  23 June, 2015

Lanson Champagne's year end financial results saw revenue and profit slide for the year, but with renewed investment in the brand, building inventory stocks and expanding internationally, Paul Beavis told harpers.co.uk at Vinexpo, he is optimistic about the future of the brand.

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Bruichladdich stars for Rémy Cointreau as sales almost double

Published:  17 June, 2015

Islay's Bruichladdich distillery almost doubled sales in the year to March according to latest financial results from its parent Rémy Cointreau group.

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First quarter restaurant sales flat for Beefeater owner Whitbread

Published:  16 June, 2015

Restaurant sales are taking a smaller share of the product mix of Whitbread, the owner of Costa and Premier Inn.

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Sainsbury's Q1 sales decline due to food price deflation

Published:  10 June, 2015

Sainsbury's sales declined for the sixth consecutive quarter with total retail sales down 0.6% and like-for-like sales down 2.14%. driven primarily by food deflation.

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Diageo stock climbs amid takeover rumors

Published:  08 June, 2015

Diageo's (Bloomberg: DGE:LN) stock has been climbing in early morning trading up nearly 7% following news of a potential takeover of the drinks' giant.

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The Smith Report: Trust, the only true currency of brands

Published:  05 June, 2015

With the FIFA scandal making headlines, there may be an important lesson to learn for brands owners when considering sponsorship.

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Distil 'optimistic' following Blackwoods gin and vodka success, despite overall fall in turnover

Published:  04 June, 2015

Distil has reported a "satisfactory year" as it completed it transition from UK third distributor to brand-focus drinks company, despite a large fall in turnover.

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Jack Daniel's delivers another "superb" year of growth for Brown-Forman's 2015 year end results

Published:  04 June, 2015

Brown-Forman reported another year of growth with net sales increasing 4% to $4.096m and operating income increasing 6% to $1.027m for the fiscal year end of 2015.

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Morrisons returns to growth, and Lidl takes its highest market share

Published:  02 June, 2015

Morrison returned to growth for the first time since December 2013, the latest grocery share figures from Kantar Worldpanel have shown, while Lidl rose its highest recorded market share.

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Rabobank: There is a big opportunity for smaller and quirkier brands in the US

Published:  02 June, 2015

Rabobank has argued that many of America's food and beverage companies are in trouble as iconic brands are "increasingly out of favour with consumers", posing a potential opportunity for smaller artisans brands.

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Consumer confidence in the UK hits a 9 year high, according to Nielsen

Published:  01 June, 2015

UK consumer confidence, which rose for the fifth consecutive quarter, hit the highest level in nine years according to Nielsen's most recent figures.

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