|
| |
just-drinks.com editor's weekly highlights | |
|
Uncorking Chablis wines: The fundamentals
Just when C&C Group's new management team appeared to have carved out a brighter horizon for the group's cider sales, it would appear that the company has been left staring at a false dawn. After reporting last week that net sales rose by 3% for the first four months of the group's fiscal year, the firm said today that net sales had, in fact, fallen by 5%, compared to the same period last year. Cider sales slipped by 6% on a constant currency basis, despite C&C's assertion last week that sales for the division were up 3%. The move washed away optimism last week that C&C has finally stopped the rot in its cider division, which includes Magners in the UK and Bulmers in Ireland. Sales have declined consistently for more than two years. When questioned about the error, a spokesperson for the group told just-drinks that a "straightforward error in reporting lines" had been made. It was a pretty big error, too, judging by the size of the reversal. Still, it is thought sales have picked up towards the end of the four-month period, due to good weather. Indeed, the spokesperson remained adamant that C&C will reach the top end of its operating profits guidance for the full-year. Here's hoping the British summer holds out, then. Elsewhere, SABMiller warned last week that it expects its volumes in Europe to remain flat this year. The brewer's European chief, Alan Clark, warned that trading is “still very tough” in the region. That'll be another firm praying for sunshine, then. Operators in Europe, meanwhile, appear to have another hurdle they need to clear, with the announcement that new EU president nation Sweden hosted a meeting of member state health ministers last week, to discuss the fight against alcohol-related harm in the region. We'll be taking a closer look at the ramifications of this meeting later this week. On the features front last week, we had a chat with the CEO of Drambuie, and we also considered the role the internet has to play for alcohol sales going forward. Until next time... Olly Wehring, Managing Editor Web: www.just-drinks.com Twitter: just_drinks
The updated and improved just-drinks job board is now available.
Did you know? New world wine has continued to gain share in the global wine market, from 26.4% in 2006 to 27.6% in 2007. By 2012, new world wine will grow its share to just under 30% of all international trade.
|
The just-drinks interview - Drambuie [MEM] After four years at the helm at Drambuie, Phil Parnell has led the one-brand company on a turnaround of healthy proportions. As the global recession takes hold, Olly Wehring quizzed him on the secrets behind his success, and asks what the future holds for a company operating virtually under the radar.
This month's briefing reviews the South African wine industry. Based on a trip Olly took to the country, the briefing takes in interviews with some key players and covers the history, winegrowing areas, an extensive SWOT analysis of the industry, a profile of Wines of South Africa, plus a look ahead to the country's next great sporting event, the FIFA World Cup 2010 and how football fever will hopefully provide a substantial boost to the wine industry.
|
|
We currently deliver just-drinks newsletters to: ##EMAIL## To unsubscribe from this newsletter immediately click here. To review, amend or unsubscribe from your current newsletters click here. © just-drinks.com 2000-2009. All Rights Reserved. | |
July 13, 2009 
