Business & Finance - Harpers Wine & Spirit Trade News

Knight Frank teams up with Wine Owners to create fine wine index

Published: 18 November, 2014

Global property consultancy Knight Frank has teamed up with portfolio management platform Wine Owners to launch the Fine Wine Icons Index.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 14 November, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

Constellation Brands hits a 52-week high for third time this year

Published: 13 November, 2014

Constellation Brands (STZ) hit a 52-week high in trading yesterday, peaking at US$95.09 per share and closing the day at $94.02, which is the third time this year the company has hit a yearly record level.

Sainsbury's profits drop due to 'once-in-a-generation' shifts in retail sector

Published: 12 November, 2014

Sainsbury's half-yearly results show the company's underlying profits dropped 6.3% to £375 million, the worst performance in over a decade for the company.

Treasury Wine Estates 'extremely difficult' decision to close Ryecroft winery

Published: 10 November, 2014

Treasury Wine Estates has made the "extremely difficult" decision to close its Ryecroft winery in McLaren Vale in South Australia.

Diageo's bet on Don Julio Tequila applauded by analysts

Published: 10 November, 2014

Last week Diageo announced it agreed to acquire Don Julio Tequila in exchange for its Bushmills Irish whiskey brand with Jose Cuervo in a move that has been widely applauded by analysts.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 07 November, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 31 October, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

TescoGate: Tesco and Serious Fraud Office confirm criminal investigation

Published: 29 October, 2014

The Serious Fraud Office has launched a criminal investigation into Tesco's accounting irregularities after the retailer confimed it had mis-stated profits by £263 million.

The Week That Was: Tescogate and other top news, Q&As and opinion on Harpers.co.uk

Published: 24 October, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

Pernod Ricard returns to growth in Q1 despite wine sales decline

Published: 23 October, 2014

Pernod Ricard returns to growth in Q1 with organic sales increasing 2% and sales totalling €2,037 million despite the company's Priority Premium Wines category posting a 3% decline in net sales.

Diageo Q1 sales down, but hopes for full year growth

Published: 16 October, 2014

Spirits giant Diageo's first quarter organic net sales were down 1.5% thanks to weak emerging markets, the firm has said.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 10 October, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

Distell acquires International Beverage Company to increase US presence

Published: 07 October, 2014

Distell Group, South Africa's largest drinks producer, has acquired International Beverage Company in Atlanta, Georgia in an effort to grow its presence in the US market.

The Smith Report: Could extreme weather cost the wine trade?

Published: 06 October, 2014

The economy of any agriculturally based industry can be dramatically affected by the weather, but what's the long-term forecast and what are the financial implications?

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 03 October, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.

Will Constellation Brands continue its winning streak?

Published: 02 October, 2014

Constellation Brands is set to release its second quarter financials today, and with over 51.9% share-price growth over the past year, the question on everyone's mind is can it continue?

Tesco debt and credit ratings in question following accounting crisis

Published: 30 September, 2014

Tesco's senior unsecured long-term debt rating and its short-term credit rating was placed "on review for a downgrade" by credit rating agency Moody's Investor Service following the announcement that it had overstated its profits for the first six months by an estimated £250 million.

Treasury Wine Estates turns down private equity bids

Published: 29 September, 2014

Treasury Wine Estates has rejected two offers from private equity bidders in favour of continuing as a standalone company.

The Week That Was: top news, Q&As and opinion on Harpers.co.uk

Published: 26 September, 2014

In case you missed some of the headlines this week on harpers.co.uk, we have done a review of the top online news, financial news for the drinks trade, Q&As, and opinion stories.