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Product Launch - Accolade Wines' Hardys Premium Selection, Mud House Hillside No 5

2015-07-29 11:23:00| Daily beverage news and comment - from just-drinks.com

Accolade Wines has set up the launch of a range extension for its Hardys wine brand and a new iteration from New Zealand's Mud House in the Travel Retail channel.

Tags: product house premium selection

Treasury Wines Estates loses US$7.5m in Gallo/Asti deal

2015-07-22 12:52:00| Daily beverage news and comment - from just-drinks.com

Treasury Wine Estates has said it will make a pre-tax loss of US$7.5m on the disposal of its Californian Asti winery.

Tags: deal treasury estates loses

Accolade Wines introduces fine wine division for Australia

2015-07-21 11:31:00| Daily beverage news and comment - from just-drinks.com

Accolade Wines has rebranded its Grant Burge acquisition to form a fine wine unit to represent wines from Australia, New Zealand and Italy in Australia's on-trade.

Tags: fine australia division wine

Angel investor growth helps Naked Wines swing into profit

2015-07-16 12:08:20| Beverages - Topix.net

In its latest published accounts, the Norwich-based company recorded a 16.8pc increase in turnover to A 45.1m, while pre-tax profits rose out of the red and into black, turning a A 746,000 loss into A 1.1m profit. The fizzing performance was underpinned by the continued growth of the firm's angel investors - the members that fund its independent wines - which rose from 141,000 to 158,000 to the year ending December 31 2014.

Tags: growth helps profit angel