As the Chinese economy slows down people are bracing for a global slump, but what are the potential impacts if any to the global wine and spirits trade?
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Morrisons has followed yesterday's deal to sell-off of its convenience store business by reporting a 35% fall in profits and the announcement of a further 11 store closures.
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Conviviality Retail has confirmed a deal to buy Matthew Clark from Accolade Wines and Punch Taverns for £200 million.
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Punch Taverns says it has seen the benefit of a disposal programme of non-core pubs with average profits per outlet up 4% across its estate.
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Champagne and Irish whiskey were among the main drivers of global growth for Pernod Ricard in 2014/15, though the spirits giant turned in only a modest overall sales increase of 2%. The company described the performance as "solid".
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Jack Daniel's producer Brown-Forman reported a 2% decline in net sales to US$900 million (£581.2 million) in the first quarter, to July 31, after being hit by currency exchange fluctuations.
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Market disruption in Poland in the first quarter brought about a slump in revenue and profits for Stock Spirits in the half-year to June 30.
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The South African wine producer and owner of Scotland's Burn Stewart Distillers has posted a 10.4% increase in revenue in the year to June 30.
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Australian wine giant Treasury Wine Estates saw its earnings in the Europe, Middle East and Africa region cut in half in the year to June 30, as the company sought to move away from low margin business in British supermarkets.
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Asda chief executive Andy Clarke has branded a 4.7% fall in like-for-like sales as "disappointing" but indicated he expected it to be a blip.
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Morrisons is reported to be closing in on a sale of its M convenience stores to a mystery team of industry executives funded by Greybull Capital.
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The owner of Gosling's rum and Jefferson's bourbon has reported a 37.8% increase in net sales in the first quarter of its financial year, to June 30.
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Access Uncorked has announced an exclusive global partnership with small-business finance specialists Capital On Tap to provide a range of innovative financial services to wineries.
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There seems to be no end of M&A activity in the UK drinks market. But is what is driving the recent activity?
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Gruppo Campari has posted strong sales and higher margins for the first six months of 2015.
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East-Anglian vineyard, Giffords Hall, has turned to crowdfunding website crowd2fund.com to raise capital. It is seeking £58,000 in return for a 5% equity share.
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UK retailers will struggle with the government's recently announced hike in the living wage, according to credit rating agency Moody's.
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Independent whisky producer Isle of Arran Distillers has revealed record results for 2014.
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Fever-Tree, the UK-based manufacturer of premium mixers, has revealed strong growth for the first half of 2015. Its results for the six months to 30 June showed revenue of £24.1m - up 62% on the same period for the previous year.
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Rémy Cointreau enjoyed "healthy momentum" for its Rémy Martin Cognac brand in the UK as the French group reported an 11.2% increase in global sales for the brand in the quarter to June.
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