Morrisons continues to face challenges as sales slump 1.1% in Q1

Morrisons reported like-for-like sales down 2.9% in the first quarter of the financial year today with total sales (excluding fuel) down 1.1%.

Sainsbury's posts first loss in ten years

Sainsbury's has posted the first loss in more than ten years, but analysts agree the annual results are better than expectations.

Kantar: £532m lost from supermarket revenue pool in just three months

Kantar Worldpanel released it most recent UK retail figures today showing that "a massive £532m has been taken out of the supermarket revenue pool in just three months" according to Fraser McKevitt, the head of retail and consumer insights at Kantar.

Gusbourne Plc sales surge 56% in 2014, but posted a £1m loss for the year

English wine company Gusbourne Plc sales surged 56% for the financial year 2014, but because of expansion investments the company also reported a net loss of over £1m for the same period.

Diageo mulls fate of United Spirits boss Vijay Mallya

Diageo is mulling the fate of United Spirits boss Vijay Mallya, after its Indian- based subsidiary issued a vote of no-confidence in him over the weekend.

BrewDog launches £25m crowdfunding bid

BrewDog, Scotland's largest independent brewery, yesterday launched its biggest crowdfunding scheme to date.

Kent winery Chapel Down hails "excellent" year as sales rise 21%

English wine producer Chapel Down hailed an "excellent year" after seeing year-on-year sales rise 21% during 2014 to £6.1m.

Pernod Ricard's third quarter results shows sales improving

Sales are improving at Pernod Ricard according to its third quarter financial results, reporting a 2% increase in organic sales to €6.5b and a 6% rise in reported growth for the first 9 months of the financial year.

Tesco 2015 results report a £6.4 billion loss

Tesco has reported the worst annual financial results in the retailer's 96 year history, showing a loss of £6.376bn and underlying profit before tax fall just over 70% for the year.

Treasury Wine Estates stock recovering strongly, hitting a 52-week high

Treasury Wine Estates stock price hit a 52-week high this week peaking at AUD$5.89 per share before retreating and closing at $5.89.

Diageo net sales slide in the third quarter as volumes fall

Diageo saw net sales fall 0.7% in the third quarter of this year, with volumes also down 0.8%.

Slowdown in China affects growth in LVMH wines and spirits divison

Remy Cointreau reports sales boost on back of liqueurs and spirit growth

Spirits company Remy Cointreau saw a "significant" boost to sales in the last quarter of 2014, and reported positive growth of 0.6% in the 12 months to 31 March.

New Zealand Cellar exceeds crowdfunding target within a week

Online retailer The New Zealand Cellar has exceeded its crowdfunding target within five days of launching the project, enabling it to open its first retail outlet in London this summer.

The Smith Report: Why social media participation for wine brands is increasingly more important

The ongoing battle for the return on investment from social media is about to get a bit more complicated with the Google and Twitter partnership.

Constellation Brands 2015 results: sales increase 24% and company to pay first dividend

Constellation Brands released it fiscal 2015 year end results showing an increase in consolidated net sales of 24% and following another strong year, the company announced it would initiate its first ever dividend payment in the company's history.

The Coop sees profit boost as business continues to turn around

Kingsland results impacted by rising duty

Kingsland Wines and Spirits reported "satisfactory" results last year, despite a fall in wine volume sales and the impact of rising duty.

Supermarket price deflation attributed to CPI in the UK hitting zero for the first time

The supermarket price wars that have been plaguing the retail sector for months have been a contributing factor to the Consumer Price Index falling to zero for the first time on record, according to British Retail Consortium.

C&C Group amalgamates wine arm into restructured UK business

C&C Group has amalgamated its wine trading business, International Wine Services with two of its UK cider businesses to form C&C Brands Limited.