Cockspur loss hits Blavod

13 June, 2011

Blavod Wines & Spirits has reported a loss of £50,000 in the year to March 31, on the back of losing the UK agency for Cockspur rum.

The loss compared with a profit of £78,000 in the previous year.

Sales fell from £8.3 million to £7.2 million.

Chairman Don Goulding said: “The collapse of Oddbins resulted in some losses although this was mitigated by maintaining a prudent stance to credit limits.

“Market conditions remain challenging and consumer confidence fragile.

“Advancing our export effort will further reduce our exposure to the UK market.

“However, premium brands have demonstrated their ability to remain relatively buoyant if well-positioned and actively supported at both consumer and customer level. This remains at the heart of everything we do.”




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Rosé tinted glasses

I was asked recently what I thought the biggest change had been in wine fashion in the past five years. My answer was unequivocal: sales of pink wines. From being a niche that expanded and contracted with the sunshine, rosé has subtly but steadily become a stalwart of many merchants’ ranges, with Provence firmly at the top and asked for by name.

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