Wednesday 30 January 2013

29.1.13 Ex CRDO President "Unfairly Dismissed"; Sherry Sales, 2013 Budget


The ex- President of the Consejo Regulador, Antonio Fernandez, who was relieved of the post when he was accused of fraud committed when he was a minister for employment, has had his case for unfair dismissal upheld by a court. A plenary meeting of the Consejo unanimously dismissed him last May, and he was subsequently imprisoned. He had already said that he would resign, but had not yet submitted it in writing, leaving the Consejo open to the unfair dismissal charge. He was replaced by Beltran Domecq.

Sales of Sherry have declined by 1.9% in 2012, but the figures are better than predicted. Beltran Domecq said that the last quarter of 2012 saw a positive movement providing a brake to the drop in sales. Figures announced at the first full meeting of the Consejo this year show the UK is the biggest market, showing a 3% increase, including a huge 40% increase over the festive period. The budget for 2013 was approved, showing a healthy increase in spending to 1.1million euros on generic promotion.

No comments:

Post a Comment