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.
Read more...Treasury Wine Estates has made the "extremely difficult" decision to close its Ryecroft winery in McLaren Vale in South Australia.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...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.
Read more...Spirits giant Diageo's first quarter organic net sales were down 1.5% thanks to weak emerging markets, the firm has said.
Read more...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.
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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.
Read more...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?
Read more...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.
Read more...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?
Read more...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.
Read more...Treasury Wine Estates has rejected two offers from private equity bidders in favour of continuing as a standalone company.
Read more...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.
Read more...Mitchells & Butlers, one of the largest operators within the UK market, has been quietly growing the number of site throughout the year and has added 195 new sites over the past year.
Read more...Tesco has pushed the start date forward of its new chief financial officer Alan Stewart to October 1 instead of December 1 after the fallout of yesterday's misstatement of profits.
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Tesco overstated its profits for the first six months up to August 23, 2014 by an estimated £250 million, according to a statement released by the company this morning.
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