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A new report has revealed that €87 million in sales across wine and spirits is lost each year in the UK due to the counterfeiting industry.
Many of us in the wine trade rue the Brexit result. Some, including Tim Atkin in his recent Harpers piece, hope that it won’t be implemented. I campaigned to Remain, twice writing in Harpers in support, the second time urging readers to join in before it was too late. Alas, now it is. The people have spoken
How are on-trade outlets measuring the health of their business today?
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Treasury Wine Estates
Following the acquisition of the bulk of Diageo’s US and UK wine business for £390 million in October, Treasury Wine Estates announced today it would be restructuring the US business.
Following the announcement of the acquisition of Diageo’s wine portfolio Dan Townsend talks about the integration of the business and its plans for the future.
Treasury Wine Estates released its interim results for the first six months ending on 31 December, 2015 with net profits after tax more than doubling to AUD$87.6m and net sales revenue up 22%.