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Weekly Roundup... 15 June 2020

Published on Jun 15 2021 4:50 AM in A-Brands tagged: BWG / H&M / Listoke 1777

Weekly Roundup... 15 June 2020

Listoke Distillery has announced it is raffling off a 5% stake of its family business amid International expansion. The Co.Louth-based company outlined it is selling tickets for £20 (€23.30) each through Raffall.com. This fundraiser is to aid the expansion of its 'ever growing business' and to 'advance its exports to countries internationally', the distiller said.Speaking with Checkout, Sarah McAvinchey, sales director, Listoke, noted that the business is trying to "bring an element of adventure to this already exciting industry."The goal of the raffle is not only to fundraise, but also to show our supporters and customers how we are progressing and expanding - and for one of them to come along for the exciting venture with us," she said. "The most important thing is that the winner gets all of the perks with none of the work. Who wouldn't want access to their own distillery without having to be on the bottling line?" McAvinchey added.

BWG Foods Wholesale Division has announced a new initiative ‘All Out’ to demonstrate support for hospitality and the on-trade reopening. The new campaign features a giveaway of €5,000 worth of stock to help businesses reopen, the wholesale group said. After so many false starts due to COVID-19 restrictions, BWG Foods Wholesale Division said it is celebrating outdoor dining and the imminent reopening of indoor hospitality and pubs with this campaign. According to the company, the campaign also brings to life the main message that 'the BWG Foods’ Wholesale Division is here to support its customers and is offering a vast array of special offers for the industry to avail of. The competition metric for the giveaway is now open for new and existing customers and will run until 26 July, 2021. To enter click here and under the competition post, tag the hospitality or on-trade establishment that you would like to see win the prize. In the instance where participants wishing to nominate an establishment do not have a social media account, then email entries can be sent to [email protected] with the name of the hospitality or on-trade establishment. BWG Foods Wholesale Division said, 'While this is a trade only prize, the mechanic doesn’t restrict consumers in nominating their favourite restaurant or pub which helps reinforce our ambition to make our ‘All Out’ message relevant to the bigger picture as we all do what we can to help support and restart the economy'.

H&M's sales jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong but revenue was still well below 2019 levels. The world's second-biggest fashion retailer said on Tuesday sales were up 62% year on year in the period - its fiscal second quarter - or 75% measured in local currencies, to 46.5 billion crowns ($5.59 billion).Compared with two years earlier, sales were still down 19% as stores stayed closed for most of the quarter in Germany and France, and as footfall was slow in many stores that were open, reports Reuters. "As more people are vaccinated a number of markets have gradually allowed stores to reopen and the H&M group's strong recovery continues," the company said in a statement. "Online sales have continued to develop very well, even as the stores have opened. This shows that customers appreciate the collections and being able to shop via their preferred channel." In the same quarter a year earlier, the measures to tackle the pandemic meants much global trade and retail activity ground to a near halt, with about 4,000 of the Swedish group's 5,000 stores temporarily closed. H&M said local-currency sales in the first half of June were up 35% on the year and up 2% from the same period of 2019.

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