November 16, 2009
just-drinks.com editor's weekly highlights
The International Food & Drink Expo India 2009 is the must attend event for India's food, drink and hospitality professionals, who will have the opportunity to source new products and innovations as well as learning the latest developments in the industry.
It has been a gloomy year for alcoholic drinks sales in Russia, but legislation being lined up for 2010 is threatening to make 2009 look like a stroll in the park.
Members of Russia's Parliament are sticking to a Budget proposal that would see tax on beer tripled from January 2010. Brewers are organised in their opposition, but time is running out. To make matters worse, just-drinks reported last week that the Russian Government is eyeing a state monopoly on alcohol sales in the country.
Purportedly, this about reducing alcohol abuse in Russia, but there is also undeniable financial incentive for a Government that has found itself stuck for cash. The situation underlines the need for the entire drinks industry, in answer to such sweeping Government policy proposals, to speak with one voice.
Elsewhere last week, just-drinks enhanced its status as a fount of knowledge on all things drinkable as deputy editor Chris Mercer appeared on the CNBC business channel to talk about "the InBev success story".
Mercer's appearance came hot on the heels of A-B InBev's third quarter results. Analysts were largely disappointed by the brewer's volume sales, but maintained their positive outlook on the brewer due to progress on cost savings.
In the news last week, administrator for collapsed UK drinks retailer First Quench collected first bids for the group's network of stores. Also in the UK, we analysed the effects of the planned rise in value added tax.
There was a stark message for Australian wineries as industry leaders warned that the country is producing far more wine than it is selling.
In soft drinks, Suntory's acquisition of Orangina Schweppes dominated headlines late in the week.
Until next time...
Olly Wehring, Managing Editor
Did you know that on average, every month just-drinks has over 92,000 unique users visiting the website? And, the majority of these users are drinks industry executives and decision makers?
All new research into the global vodka markets is now available.
The Baltic countries have had it tougher than most in the global economic downturn, suffering double digit falls in gross domestic product. But the turmoil has not dented the ambition of Estonia-based AS Liviko, which continues to eye ambitious growth as both an importer to the Baltics and an exporter of its flagship brands, Viru Valge and Vana Tallinn. Chris Mercer flew to Tallinn to speak with Liviko chairman Janek Kalvi.
In the last 12 months, just-drinks has had unprecedented access to some of the leading players in the beverage industry. This briefing collects all of these interviews - including the CEO of Diageo and the chief marketing officer of The Coca-Cola Company - in one place. In all, 15 of the world's most influential drinks players discuss their business strategies against the backdrop of one of the most tumultuous 12 months in recent history.
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