April 28, 2008
just-drinks.com editor's weekly highlights
Just in case you’ve not got round to booking a round-the-world business trip, taking in the best wine producing regions of France, Italy, Spain, Australia, Germany, the US, South Africa, Portugal, Chile, Argentina, New Zealand and roughly 25 other producing countries…. We’ll bring them to you, in London, and for three days.
The end of April traditionally signifies the start of the quarterly results season. Among the companies first out of the traps last week were Coca-Cola Femsa, Grupo Modelo, Anheuser-Busch, PepsiCo and Beam Global.
The general consensus so far is that the US is proving as problematic for drinks companies as the current economic situation there would suggest. One area of confusion, however, is how detrimental or beneficial the early Easter has been for drinks companies in the first quarter.
I’d love to hear your thoughts on the matter.
Not only are we juggling quarter one results here, we’re also gearing up for this year’s London International Wine Fair, which is this year augmented by the Distil spirits event, also at ExCel here in the capital.
As in previous years, we’re going to be running our daily diary in the run-up to LIWF, which starts on 20 May. For an idea of how it works, click here. So, if you’re going to be at the LIWF and Distil, and have something to shout about, then please email us at email@example.com with your announcement, and we’ll be sure to include you in the diary, which will start on Thursday (1 May).
Finally, it is my sad duty to announce the news that this is the last week for our news editor, Jessica Harvey, at just-drinks. Long-standing subscribers will remember how previous news editors at just-drinks have gone on to bigger and better things – Dean Best is now managing editor of our sister site just-food.com, while I’m still the one who wears the trousers here at just-drinks – and Jessica is no exception. After only one year as a trained journalist, she’s moving to become the features and brands editor at a magazine focusing on the UK on-trade. She leaves with our best wishes, and an earful from me for leaving me with all these Q1 stories to write.
If you’d like to bid a personal farewell, email her at Jessica.Harvey@just-drinks.com.
Until next time...
Olly Wehring, Managing Editor
How is the wine and spirits market performing globally? What are the growth opportunities in the BRIC economies?
Earlier this month, Bacardi signed a one-year “multi-faceted” marketing agreement with UK dance act Groove Armada. The announcement made headlines, with some commentators suggesting the deal was another nail in the coffin of record labels. In this month’s Just the Answer, we talk to Bacardi’s global experiential marketing manager, Sarah Tinsley, to get the low-down on what has been hailed by some as the next step in the drinks/music industry relationship.
The drinks market in the Middle East continues to increase on the back of population growth, economic development, improvements in distribution and retail, and more aggressive advertising campaigns. But like much of the rest of the world, younger and better educated market segments within the region are shifting away from carbonated soft drinks (CSD) towards fruit juices and bottled water as people become increasingly health-conscious, according to independent industry analysts and the drinks sector. This month's briefing takes a look at the Middle Eastern beverage market, with chapters focusing on United Arab Emirates, Jordan, Syria, Lebanon and Israel.
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