January 5, 2010
just-drinks.com editor's weekly highlights
Right, people – let's get right back on it.
We trust the vast majority of you – like ourselves - have had a break over Christmas and New Year, and that – like ourselves – you were back at your desk yesterday morning with, if not a blank canvas in front of you, then certainly the best of hopes and intentions for the year ahead.
Oh dear, I'm heading down the pep-talk route here. I best leave that to the professionals.
We're really excited about the coming 12 months, with a host of exclusive content lined up for you. Coming up this month, we have our new commentators, Larry Nelson (beer) and Richard Woodard (spirits) joining our established team of Chris Losh (wine) and Annette Farr (soft drinks and water).
We'll also continue our previews of company results as well as providing our expert opinions on the stories that matter to you.
So, before I hand over to you to provide the headlines, may I take this opportunity to wish you all the very best for 2010. We look forward to reporting back on how well your company deals with the challenges ahead.
To help set the scene, click here to take a look at our reviews of 2009.
Until next time...
Olly Wehring, Managing Editor
From the vineyards of Australia to the boardrooms of the multi-nationals; from job losses and bankruptcies in the UK to the consolidation of the fragmented French sector – few aspects of the world’s wine industry were unaffected by the continued economic downturn in 2009. Richard Woodard looks at the tumultuous 12 months endured by the wine industry.
There would be little point denying that the poor global economic climate was the major story of 2009 across all drinks sectors. In spirits, US market growth for the major players Diageo and Pernod Ricard had started to slow before 2008 had ended. In wine, we heard that Australian wine exports had fallen in value terms during 2008 for the first time in 15 years; and that US domestic wine sales saw the first annual fall since the last major recession in 1993. In beer, Diageo shelved plans to build a new brewery for its Guinness brand in Ireland, whilst in soft drinks, the story of the year has arguably been the takeover by PepsiCo of its two major bottlers. just-drinks' leading writers round-up a tumultuous year in this month's briefing.
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