CANADA: Vincor posts 16% profit rise in Q1
The company also reported that sales for the first quarter rose by 5.8% from C$101.1m to C$107m. The company said that sales rose across the entire portfolio, with the Jackson-Triggs brand increasing sales by 14% and its Toasted Head brand up by 20%.
"By executing our strategy to expand operations to all new world wine producing regions and responding to consumer preferences by migrating our portfolio to premium wines, we have again followed a record year with a strong first quarter,'' said Donald Triggs, Vincor's president and chief executive.
The UK market is developing in terms of sales and sophistication. Drawing on up-to-the-minute consumer research, Alex McPhee, Neville Calvert and David Matthews of management consultants, KPMG, examin...
Recently published research indicates that while consumers have taken to the clear and modern marketing techniques employed by New World producers, they still cherish the romance and mystique of wine,...
Seven French wine co-operatives have joined forces to create a brand to compete with its New World rivals....
US wine and spirits distributor New World Brands has appointed David Rudden as CEO....
UBS has begun its coverage of the Chilean wine producer Concha y Toro (VCO)....
Vincor International has reported a 46% increase in first quarter sales, compared to the same period last year, to C$165.8m, following its acquisition of Western Wines in July last year....
The Norwegian drinks distributor Arcus is to launch its own Argentine wine brand....
The French wine industry's troubles are unlikely to be helped by this year's harvest as preliminary figures predict a bumper crop, placing more pressure on winemakers who are still struggling to sell ...
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