October 8, 2007
just-drinks.com editor's weekly highlights
Why did global sales of premium beer by volume rise by 150% between 2000 and 2006?
My week started with a day trip to Paris last Monday. Sounds pretty glam, doesn’t it? But the life of a high-flying executive is not for me, you’ll be relieved to know. To Paris and back from London in under 12 hours – to interview Bill Carey, the CEO of CEDC – proved more tiring than I expected. Or could that have been the Russian Standard UK launch party that same evening?
I’ll leave you to decide.
The highlight of the Russian Standard event, incidentally, was meeting company founder Roustam Tariko, and have him tell me that just-drinks.com is one of his home pages on his computer.
My mother is very proud.
On the news pages, meanwhile, the end of Coca-Cola Amatil's courting of Golden Circle in Australia generated a lot of traffic. Constellation's healthy performance in Q2 also kept you entertained, as did Pernod's hopes to up its debt limit - in time for a potential bidding war for Vin & Sprit, perhaps?
I also got to try Chivas Brothers' new 25-year-old last week. Backed by a New York launch party (which I didn't get to go to, strangely), the premium offering certainly looks pretty smart. At US$299 per bottle, I didn't get one of those either.
Was it something I said?
Elsewhere last week, just-drinks was in Manchester attending the International Brewing Convention. Surprisingly, this is the first brewing event of its kind and magnitude to be held in the UK for ten years. Asked why there had been a decade-long gap between conventions, organisers pointed to a recent lack of optimism in the industry - sales have stagnated in the last ten years, the industry has consolidated under intense financial pressures and margins have eroded as retail power has risen.
So, was the launch of 2007's event a sign of a new dawn in the UK brewing sector? Probably not - the industry is still finding growth tough to come by on these shores. However, there was an acceptance that the environment the brewing industry is now working in is changing at an unprecedented level and the issues these changes present need to be met head on. On this front the convention was a success and for that reason I hope it's not ten years before we see its like again.
On the features front, we took a closer look at the announcement earlier this month that Scottish & Newcastle’s CEO, Tony Froggatt, is to stand down. We also turned the spotlight on the growing popularity of aseptic PET bottling for soft drinks, at a time when consumers are growing increasingly concerned over the use of preservatives.
Until next time...
Olly Wehring, Managing Editor
The growth of still soft drinks, such as juices and functional waters, presents manufacturers with a problem, as they are more susceptible to spoilage than traditional carbonated drinks. However, their increasing popularity coincides with mounting consumer suspicion of preservatives. The solution has been for soft drinks companies to invest in aseptic, cold-filling bottling equipment, as Annette Farr found out.
This month's briefing discusses the Doha development round. Trade officials and diplomats of the 150 World Trade Organisation (WTO) member countries are scheduled to return to the organisation's Geneva headquarters this September to discuss ways in which their governments can cut their food and drink tariffs and production subsidies. The report looks at the latest 'modalities' proposals and what member governments think about the proposals, as well as the political prospects for success in the Doha round.
We currently deliver just-drinks newsletters to : ##EMAIL##
To change the opt-in emails you receive, modify your address, or be removed completely, please use this link.
© just-drinks.com 2000-2007. All Rights Reserved.