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TescoGate Live: Serious Fraud Squad watching profits black hole inquiry with "interest"

Published:  23 October, 2014

The Serious Fraud Squad has said today it is "following developments at Tesco with interest" on the back of news that the profits black hole at the UK's biggest supermarket is higher than first thought.

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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.

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TescoGate Live: Profits blackhole worse than feared as pre-tax profits fall 92%

Published:  23 October, 2014

The sales crisis at Tesco is even worse than first feared with a 92% drop in pre-tax profits for the last six months, an even larger profits black hole than first announced and a blunt admission from new chief executive, Dave Lewis, that it has its work cut out to win back the trust of its customers.  

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Vin de France has driven 'important growth' for French wine

Published:  22 October, 2014

The creation of the Vin de France category has driven "important growth" in French wine exports as well as acceptance among younger consumers, Harpers France Summit heard.

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TescoGate: Retailers will take greater care of suppliers now "genie" is out of bottle

Published:  22 October, 2014

The TescoGate accounting crisis means retailers will take greater care in their dealings with suppliers, now the "genie is out of the bottle", experts have told Harpers.co.uk.

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Ex- Gonzalez Byass marketer Jeremy Rockett starts own business

Published:  22 October, 2014

Former González Byass marketing director Jeremy Rockett has set up his own business, Rockett Science, advising wine firms on their marketing.

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Harpers French Wine Awards celebrate champions in the UK trade

Published:  22 October, 2014

The second annual Harpers French wine awards were held at the conclusion of yesterday's France Summit 2014 in London and recognised those people and business which are championing French wines in the UK trade.

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Graham's solves problem of vintage Port gift giving

Published:  22 October, 2014

Vintage Port lovers can now mark significant dates, such as births or weddings, with a pre-ordered Graham's Port for the year of their choosing.

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Tesco's woes continue with further drop in sales as Waitrose hits record market share

Published:  22 October, 2014

Tesco continues to lose market share to its grocery rivals at both ends of the retail spectrum, according to the latest figures from Kantar Worldpanel which reveals that Waitrose achieved its record performance for the last 12 weeks of trading.

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Local retailers take call for changes to business rates to Westminster

Published:  21 October, 2014

Local retailers from across the country are descending on Westminster today to fight their corner for improvements in the system of business rates.

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France's "biggest opportunity" in wine is online, say experts

Published:  21 October, 2014

France is in "pole position" in the online wine market - which represents the country's biggest opportunity going forward.

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Virgin Wines ramps up focus on home wine tastings as sales rocket

Published:  21 October, 2014

Virgin Wines is turning the spotlight onto home wine tasting parties by adding new recruits and rebranding from Fabulous Wines to Wines at Mine after seeing sales grow 54% in the past year.

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Matthew Clark sees British drinks soar in popularity

Published:  21 October, 2014

On-trade drinks supplier Matthew Clark has seen sales of English wines soar by 53% in the past year, with home-grown beers and spirits following suit.

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Leading lights of UK wine trade gather for today's Harpers France Summit

Published:  21 October, 2014

Leading figures from all channels of the wine trade will be today taking part in the second Harpers France Summit to look at ways in which retailers, restaurants, distributors and importers can make the most of French wine in the UK.

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H2Vin boosts fine wine focus with two new recruits

Published:  20 October, 2014
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Moody's predicts continued shrinking profit margins for UK's big four grocers

Published:  20 October, 2014

Moody's, one of the biggest international credit rating agency, predicts that Tesco, Sainsbury's, Asda, and Morrisons will see continued to see dwindling profit margins over the next 12 to 18 months.

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Wine experts in war of words over fine wine as worthwhile investment

Published:  20 October, 2014

Wine experts are at loggerheads over whether it's worth investing in fine wine or not.

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Over 200 wineries head for Amsterdam's expanded World Bulk Wine Exhibition

Published:  20 October, 2014

Up to 200 wineries will be heading to Amsterdam next month for the sixth annual World Bulk Wine Exhibition.

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Encirc's glass division - the former Quinn Glass - up for sale

Published:  20 October, 2014

Quinn Glass, the €400 million glass division under the now renamed Encirc umbrella, is up for sale by the group of lenders which owns its parent company Aventas.  

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TescoGate will rock trust and confidence in all grocery multiples warn retail analysts

Published:  20 October, 2014

Leading City and retail analysts fear consumers will be "horrified" by the fall-out from  the Tesco accounting scandal which could have a knock-on effect on consumer confidence of not only the UK's biggest supermarket but across all major grocery retailers.

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