Index  ›  business  ›  BBC
business · BBC ↗

Modest growth for wine merchant, Inverarity Vaults

BBC Published May 24, 2010 Reviewed Jul 1, 2026 ✓ Reviewed by citations.press editors
Citation-ready fact
Inverarity Vaults reported a 4% rise in sales.
4 % · sales
Inverarity Vaults, company
View source ↗
Citation-ready fact
Inverarity Vaults' turnover increased to £7.42 million.
7.42 £m · turnover
Inverarity Vaults, company
View source ↗
Citation-ready fact
Inverarity's head count increased to more than 40 employees.
more than 40 people · head count
Inverarity Vaults, company
View source ↗

Scotland's largest independent wine merchant Inverarity Vaults has announced a 4% rise in sales.

The company which is based in Biggar, said turnover increased to £7.42m.

Inverarity Vaults, which is almost 20 years old, sources wine from around the world and supplies hotels and restaurants.

The merchant said although 2009 had been tough it had kept all of its trade customers which included all Michelin-starred restaurants in Scotland.

Hamish Martin, managing director of Inverarity, said: "The hotel and restaurant trade, which forms the majority of our client base, really felt the pinch with people tightening their belts and spending less on evenings out."

However the company said it had recruited rather than cutting back on staff, doubling its sales force to bring the head count at Inverarity to more than 40.

Mr Martin said: "While many businesses were scaling back by reducing hours or cutting staff, we saw investing in good people as the only way to expand.

"We have built a reputation on unparalleled customer service and we weren't going to cut corners when our customers were most in need."

This article was originally published by BBC ↗. citations.press indexes the source-backed facts above and links to the original. Something wrong? Corrections policy · Report an error