Chapel Down: Half-year profit almost wiped out as wine maker blames ‘one-off factors’ Food English wine producer Chapel Down has blamed ‘one-off factors’ for its pre-tax profit almost being wiped out during the first half of its financial year. The Kent-headquartered company, which is listed on AIM, said the fall from £2.4m to £40,000 in the in the six months ended 30 June was due to a ‘difficult macroeconomic environment’, [...]
Hallgarten and Novum Wines gearing up for hiring spree following buyout Retail Hallgarten and Novum Wines is gearing up for a hiring spree after the family that owned the business for more than 50 years sold up to the fine wine trader Coterie. The Luton-headquartered wine importer, which had been owned by the Pieroth family since 1972, said it would launch a recruitment drive later this year [...]
Blast of the summer wine: English producers benefit from warmer climate Food The renaissance of English wine shows no sign of stopping in 2024 as increasing temperatures create better growing conditions in the south of the country. Turnover at the biggest producers of English wine has risen by 15 per cent in the last year and nearly three-fold in the past five years, according to accountancy group [...]
Chapel Down brings in Rothschild & Co to conduct strategic review as firm considers sale June 25, 2024 In an announcement to the markets this morning, Britain's biggest winemaker said it was the right time to review long-term funding options to support its growth strategy.
English winemakers raise a glass to start of vintage summer June 19, 2024 The English wine industry is toasting the start of what it hopes will be a bumper summer for homegrown vintages.
Visiting the beautiful vineyards of Gusbourne, gods of English wine June 17, 2024 A day with one of Britain's finest wine makers