News from Dave Hughes,
a recognised “Elder Statesman”
in the world of wine, internationally respected wine author, consultant
and Senior Judge at the IWSC
NO BECKS SO SHOP SET ON FIRE !
Two men set fire to a shop in Dortmund, North Rhine-Westphalia on Sunday 2nd February at 05,00 hrs. They walked into the kiosk and demanded a bottle of “Becks Gold”. When informed that that beer was not stocked the two …
GERMAN BEER SALES HIT 25 YEAR LOW
Sales of beer in Germany dropped for a seventh year in 2013 to their lowest since 1989. The Federal Statistical Office (Destatis) reported that 94.6 million hectolitres of beer was sold by German breweries in 2013, a decrease of 1,9 …
LVMH CELEBRATES 95 RISE IN WINE AND SPIRIT PROFITS
The French owned luxury goods conglomerate, Moet Hennessy Louis Vuitton (LVMH) has recorded a successful 2013 with a total revenue of €29.1 billion, a 4% increase on the previous year. The group has amongst its brands Chateau d’Yquem, Dom Perignon …
WEAK MARKETS SLOW DIAGEO SALES
Diageo is responsible for brands including Johnnie Walker whisky and Guinness has said its had grown by 1,8 % in the first half of 2013 much slower than the previous growth of 2.2% in the first quarter. Total emerging market …
TREASURY WINE ESTATES OF AUSTRALIA CONTINUES TO DISSAPOINT
Long suffering shareholders of Australia’s biggest wine producer received more disappointment and pain at the year end when it requested to have its shares suspended in Sydney. The company owns brands such as Penfolds, Lindemans, Wynns and Rosemount. Profits in …