Fevertree: £1m pay day for top boss after Molson Coors tie-up Retail The chief executive and co-founder of Fevertree has been rewarded with a pay packet of more than £1m after agreeing a “transformational” tie-up with Carling owner Molson Coors. Tim Warrillow, who set up the AIM-listed business with Charles Rolls more than 20 years ago, has taken home almost £1.1m for the company’s latest financial year. The [...]
Naked Wines CEO: How to choose the right bottle of wine Retail Meet the chief executive "fighting" to turn around Naked Wines, which enjoyed huge success during the pandemic but has been struggling since.
Bacardi: Martini maker shaken as UK drinkers move away from spirits Retail UK drinkers ditching spirits in favour of wine, beer and non-alcoholic drinks has hit the sales of Bacardi, it has been revealed. The division of the Bermuda-headquartered drinks giant has said its performance has also been impacted by “a combination of post-Covid challenges, ongoing global conflicts and a tough economic environment marked by rising living [...]
Diageo: Shares in FTSE 100 Guinness, Baileys and Johnnie Walker owner are staging a comeback December 12, 2024 Shares in Diageo, the giant behind Guinness, Baileys and Johnnie Walker, are staging a comeback after falling to a historic low last month. The London-headquartered group, which also has a listing on the New York Stock Exchange, has seen its share rise to 2,581p in early trading today, up 3.6 per cent. The latest price [...]
Cosy Club owner Loungers reports strong growth amid new openings October 8, 2024 Cafe and bar operator Loungers has said it delivered “like for like sales growth” of 4.7 per cent, amid a string of new hospitality openings boosting its portfolio. The Cosy Club, Loungers and Brightside chains owner recorded revenue of £178.3m in the half year to 6 October, up by 19.2 per cent on the previous [...]
Explainer: Who wants to live in a 24 hour city? August 6, 2024 Is the world moving towards 24-hour alcohol licensing? Is that a good thing?