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Tag: wine
Conviviality offloads Bargain Booze, Wine Rack to Bestway Wholesale
2018-04-09 13:57:00| Daily beverage news and comment - from just-drinks.com
Conviviality, the beleaguered UK beverage group, has sold its retail business to Bestway Wholesale for a reported GBP7m (US$10m).
Tags: wine
wholesale
bargain
rack
UK chains Bargain Booze and Wine Rack sold to Bestway
2018-04-06 15:51:25| BBC News | Business | UK Edition
The High Street chains are bought by Bestway for 7m following the collapse of owner Conviviality.
This week in spirits & wine, featuring the sale of Accolade, the carve-up of Conviviality and a new gin from Campari Group
2018-04-06 15:44:00| Daily beverage news and comment - from just-drinks.com
Here's a round-up of this week's top stories from the global spirits & wine categories. Click the links to view our round-ups for beer & cider and soft drinks & bottled water.
"Some in the wine industry need to acknowledge that businesses need to make money" - just-drinks talks to CHAMP CEO John Haddock
2018-04-05 15:29:00| Daily beverage news and comment - from just-drinks.com
Earlier today, Australian private equity group CHAMP announced the divestment of Accolade Wines to The Carlyle Group for AUD1bn (US$768m). The news marks the end of CHAMP's association in wine, which started in 2011 when it bought 80% of Constellation Brands' Australian and UK wine operations for AUD290m (then-US$290m). Having spoken to CHAMP CEO John Haddock at the time of the purchase, it seemed only right for just-drinks to grab him for one final chat, to find out what CHAMP is passing over, why they're selling and what wine lessons the group learnt over the last seven years.
Wine Australia hails new powers to protect wine exports
2018-04-04 13:27:00| Daily beverage news and comment - from just-drinks.com
New regulations came into force this week giving Wine Australia greater scope to protect the reputation of the country's wines.
Tags: australia
protect
wine
powers
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