May 26, 2009
just-drinks.com editor's weekly highlights
Much as we were hoping for a few days of quietude during which we could recuperate after the London International Wine Fair & Distil earlier this month, the news stories just kept on coming last week.
India was the traditional hotbed for news last week, with Diageo's adventures in the country continuing to steal the limelight. First up, there was talk that the drinks giant may look to team up with private equity group KKR in its long-running hunt to acquire a stake in United Spirits.
Then, a day later, Diageo declined to comment further on reports coming out of the country regarding a possible shake-up of personnel in its Indian unit. The speculation came a couple of months after the swift departure of the company's managing director in India, Asif Adil.
Is India a difficult market to operate in, then? Possibly. Is it colourful? Certainly.
Meanwhile, a little closer to home, another departure underlined the difficulties facing brewers here in the UK. The resignation of Heineken's MD in the country, Jeremy Blood, follows similar announcements in the last 15 months from InBev and Carlsberg.
Tough times indeed.
On the features front last week, we continued with our list of high-profile interviewees, with the CEO of Gruppo Campari giving us his state of the union address. We also took an in-depth look at the prospects for functional beverages going forward.
Finally, take a look here to see how the lesser-known spirits categories could offer support for the more established sectors in the coming years.
Until next time...
Olly Wehring, Managing Editor
Having not made a major acquisition for a couple of years, Campari was back in the spotlight last month when it acquired Wild Turkey Bourbon from Pernod Ricard. Campari CEO Bob Kunze-Concewitz spoke with Olly Wehring about the acquisition, the progress of other brands, including Skyy Vodka and Glen Grant Scotch whisky, and the impact of the recession.
This month's briefing is the latest edition of The Power 100 – the world’s most powerful spirits and wine brands 2009. Now in its fourth year, The Power 100 highlights the key issues and trends in the spirits and wine industry. It also identifies which brands are increasing their equity using a unique measure defined by measuring brand score and volume data. Produced by our partner Intangible Business, we once again present this comprehensive round-up of who's where in the league tables of drinks brand power.
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