Latest supplier news
We believe Old World wines will continue to perform well this Christmas as people look to spend a little bit more and trade up to premium examples of known varieties. Alpha Zeta’s Single Vineyard Pinot Grigio ’Terrapieno’ from the Veneto is a good example of this.
A UK law firm is preparing legal action on behalf of Tesco shareholders that will allege directors and senior managers “knew or were reckless” over the retailer’s “untrue of misleading” accounts, which overstated profits by £263 million.
Relationships between major supermakets and their suppliers are now at a “crossroads” according to Denis O’Flynn, managing director of Pernod Ricard UK, and we should expect tighter regulations to bring more control over the sector.
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