Wine

Naked Wines Posts Stellar June Sales As Online Orders Surge

Online wine seller Naked Wines saw its sales surge 67% in June compared with last year as orders continued to rise even after the easing of the coronavirus...

Constellation Brands Acquires Minority Stake In Booker Vineyard

Constellation Brands has announced that it has acquired a minority stake in Booker Vineyard for its super-luxury, direct-to-consumer (DTC) focused portfoli...

South Africa's Distell Plays Chess To Beat Lockdown Wine Glut

At a centuries-old vineyard overlooked by South Africa's Drakenstein mountain, the country's biggest single wine exporter Distell is battling a p...

Australia's Treasury Wine Issues Profit Warning As Virus Hits Demand

Treasury Wine Estates Ltd flagged a plunge in core earnings for fiscal 2020 and withheld guidance for the year to June 2021, as coronavirus-related curbs o...

Online Seller Naked Wines' Sales Pop As Lockdown Boosts Orders

Online wine subscription company Naked Wines saw its revenue soar 81% during the first two months of fiscal year 2021, with people ordering more wine for d...

Italian Wine Sector Bracing For Drop In Turnover This Year

Some 63.5% of companies operating in the Italian wine sector expect sales to fall this year, compared to 2019, with more than two-fifths (41.2%) expecting...

Norway's Domestic Liquor Sales Up 44% In May

Norway's government-run wine and liquor retailer Vinmonopolet increased its sales by 44% in May from the same month last year as coronavirus travel re...