A London-based fraudster has been sentenced in New York after orchestrating a global wine investment scam that defrauded more than 140 victims.
Posts by The Drinks Business
Yellow Tail owner Casella Wines has moved from profit to loss as pressures build across its core export markets. Management points to weaker US demand, tariffs and higher costs, with some relief coming from other regions.
Pernod Ricard is reported to have secured support from the Brown family in its bid to combine with Brown-Forman. The proposed merger of equals is seen as more attractive than a rival takeover offer from US spirits group Sazerac.
Napa Valley’s Robert Mondavi Winery reopens its Oakville estate on 20 April, revealing the fruits of a multi-year renovation costing more than US$200 million. db reports.
Viña Concha y Toro has spun out Viña Amelia into a new subsidiary that will focus exclusively on its “exceptional” Chardonnay and Pinot Noir from its extreme vineyards in the Limarí Valley.
English sparkling wine producer Nyetimber has appointed MasterChef: The Professionals winner Steven Edwards to lead its culinary offering, as it launches a series of paired dining experiences at its estate this summer.
As artificial intelligence becomes increasingly embedded in hospitality, db hosted a webinar earlier this year to see how the tech can help on the restaurant floor, and whether it might replace the human touch.
Permission for a brewery to be built on the Scottish Isle of Gigha has been granted by the local authorities after conversion and development plans were submitted last year.
Discount supermarket chain Lidl has begun to build its first ever boozer in east Belfast – a year after winning a long-running licensing spat regarding the pub’s construction.
Wine sales may be declining overall, but categories focused on flavour, accessibility and occasion are booming. Producers who shift how they communicate with consumers, especially younger drinkers, are finding new routes to growth without sacrificing identity. Kathleen Willcox reports.
LVMH has delivered a modest rise in quarterly sales, showing resilience despite disruption in the Middle East and softer tourism flows. The luxury group reports underlying strength across key markets, with most regions and categories showing improvement.
With an initiative called ‘Champagne 2040’, the Comité Champagne is shifting its perspective from production targets to consumer expectations, db found out earlier this year.
In this exclusive series, Sarah Neish delves into the biggest booze-related crimes to have taken place across the globe so far this year, from poisoned wine and camel-smuggled liquor to a stolen Fabergé egg whiskey set.
Champagne house Louis Roederer has begun exclusive negotiations to acquire Domaine Pierre Damoy in Gevrey Chambertin. The move forms part of a broader strategy to expand beyond sparkling wine into still wine and wider luxury activities.
From May, Russia will increase duties on imported alcohol from ‘unfriendly’ countries to around €5 per litre in a bid to boost the struggling federal budget and protect domestic manufacturers. Eugene Gerden reports.
Richard Caring has agreed to sell a controlling interest in his restaurant and private members’ club group to Abu Dhabi investor Diafa. The deal follows an extended sales process and brings fresh capital into a strained UK hospitality sector.
In conversation with Nimmi Malhotra, Sula’s founder and CEO, Rajeev Samant, discusses what Sula’s acquisition of Chandon India means for the estate and the wider Indian wine industry.
The UK arm of Vinarchy, the company formed when Accolade merged with Pernod Ricard Winemakers, would have turned a profit last year were it not for the Extended Producer Responsibility (EPR) levy, its accounts show.
Benchmark Drinks has launched a new wine brand, All (Good) Things, aiming to revive the struggling mid-priced category with high-quality, affordable wines sourced from renowned cool-climate regions.
The US rare wine reseller Benchmark Wine Group has reported its strongest first quarter in 24 years after a record sales year in 2025. The company says sustained interest in top Bordeaux, white Burgundy and Port is helping propel growth even as broader wine sales remain under pressure.
Winegrowers in California’s Livermore Valley region have officially decided that their future lies in two signature grapes – Cabernet Franc and Sauvignon Blanc – with producers starting to rip out other varieties. Roger Morris reports.
Wines of South Africa (WoSA) has announced a restructure of its UK operation, resulting in the redundancy of its two current London-based roles.
Wine bar chain Vagabond is set to open a 6,000 sq ft flagship in the heart of London, pouring more than 120 wines by the glass as part of a wider growth strategy backed by Majestic Wine Group. www.thedrinksbusiness.com/2026/04/vaga...
Millions of Britons using GLP-1 weight loss medications are beginning to alter how they drink, dine and choose venues. For the drinks trade, the shift may test established alcohol led revenue models.
Despite ongoing challenges in the drinks sector, Champagne sales in the UK are showing resilience, with several producers reporting growth in 2025.
A bottle of 1945 Domaine de la Romanée-Conti has made history for US auction house Acker after it sold for US$812,500, smashing its own world record from 2018 of US$558,000.
One man seeking to smuggle thousands of liquor bottles into Delhi using camels met a hump in the road when he was arrested by the police, with the two animals and stash of contraband booze subsequently seized.
From high-stakes supermarket negotiations to murky international dealings, Peter Stafford-Bow’s career has been anything but conventional. The author and former wine buyer reflects on the deals, scandals and survival instincts that shaped a life in the modern wine trade. Anthony Rose reports.