Business & Finance - Harpers Wine & Spirit Trade News

Tesco expands Dan Jago's global wine role to include beer and spirits

Published: 11 September, 2014

Tesco's UK and group wine director Dan Jago is to increase his responsibilities with the addition of the beer and spirits portfolio.

Diageo looks to tech start-ups to help drive innovation with Diageo Technology Ventures

Published: 09 September, 2014

Diageo is looking to harness the power of tech start-ups with its new Diageo Technology Ventures, in the hopes of identifying growth opportunities.

Pound Sterling slides ahead of Scottish independence vote

Published: 08 September, 2014

The Great British pound sterling hit a five-month low of against the US dollar to close last week at 1.632 GBP/USD following reports of increased support for Scottish independence.

Chapel Down turns to crowdfunding to drive English wine growth plans

Published: 08 September, 2014

Leading English winery, Chapel Down, is continuing to drive its growth by looking for private investors to support it through a crowdfunding scheme.

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

Published: 05 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.

Paying suppliers late now seen as normal business practice says MasterCard study

Published: 04 September, 2014

Paying suppliers late is now seen as part of normal business practice by many international companies, according to a new study.

Pernod Ricard still 'extremely optimistic' about China despite 23% drop

Published: 03 September, 2014

Despite taking a 23% hit in China, according to Pernod Ricard's year-end financial results, the company is still "extremely optimistic" about the potential of the Chinese market moving forward.

Treasury Wine Estates may delay AGM due to possible takeover

Published: 01 September, 2014

Treasury Wine Estates announced that it would most likely be postponing its Annual General Meeting (AGM) that is scheduled to be held on 30 October, 2014 to a later date so shareholders could vote the same day as the AGM to potentially consider a possible takeover.

Tesco's shares tumble after second profit warning

Published: 29 August, 2014

Tesco's stock tumbled 8.0% in early trading today as the company issued a second profit warning this year and announced it would be cutting its dividend by 75%.

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

Published: 29 August, 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.

Brown-Forman posts positive Q1 financial results

Published: 28 August, 2014

Brown-Forman's income increased by 7% despite sales not growing at the same rate as last year, said the company as it reported its first financial quarter results for the three months ending July 31 2014.

Pernod Ricard year-end results down thanks to China slump and foreign exchange rates

Published: 28 August, 2014

Sales for the 2014 financial year declined by 7% to €7,945 million due to a unfavourable foreign exchange rates and the Chinese market taking a -23% hit according to Pernod Ricard's annual financial report.

Stock Spirits H1 sales hit by Polish duty hikes

Published: 28 August, 2014

Stock Spirits saw revenues fall by 10% to €137.7 million as a 15% hike in Polish excise duty hit consumption levels in the six months to June 30.

Scottish independence: whisky heavyweights say business case 'not made'

Published: 27 August, 2014

A host of the biggest names in Scotch whisky have signed an open letter warning that the business case for Scottish independence "has not been made".

Virgin Wines records best ever sales for July

Published: 27 August, 2014

Virgin Wines celebrated its best month in its 14-year history in July, as its web sales grew 22% year on year.

Grande Dame of wine trade Baroness Philippine de Rothschild dies

Published: 26 August, 2014

Leading light of the global wine trade Baroness Philippine de Rothschild, head of the Rothschild family dynasty, has died aged 80.

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

Published: 22 August, 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.

Pay increases on the rise as the economy improves says XpertHR

Published: 22 August, 2014

There are signs that an improving economy are finally being seen in pay packets and salary increases across the country, according to new research from pay specialists, XpertHR.