May 10, 2010
just-drinks.com editor's weekly highlights
IBC 2010 is this years key event for all those working in the Brewing supply chain, from Grain to Glass, to come together and debate the key strategic priorities for the Sector. With industry leaders participating in the programme, global delegate attendance and a comprehensive exhibition from industry suppliers this is an unmissable Convention.
While there will undoubtedly be some in our industry who will begrudge such behemoths posting positive results, only their most ardent opponents would view the numbers in any other way than "a good thing" for the broader industry, especially after the last 18 months we have all had.
Of note in both sets of results, however, is the drag on performance provided by mature markets. A-B InBev credited Brazil with driving its overall business in the quarter, while Diageo's CEO warned of the fragile nature of the recovery in the more established markets.
Research from Datamonitor, also released last week, served to highlight how consumers in Western Europe and the US are drinking nowadays. UK alcohol consumers are going for quality and not quantity on the (rare) occasions that they venture out of the house, the research noted. Although they stick to their favourite brands, regardless of price, they drink less of them, preferring to trade down when they are at home.
These aren't the sturdiest of times it would appear.
We are fast heading into trade fair season this month. Last week, we previewed the Tax Free World Association Exhibition in Singapore, which opened yesterday (9 May). Meanwhile, our London International Wine Fair daily diary continues apace ahead of next week's show.
As usual, we shall be there in force, so if you would like us to come and say hello or if you would like your company to appear in the diary email us at firstname.lastname@example.org.
Until next time...
Olly Wehring, Managing Editor
New research: Global In-store Practices
The London International Wine Fair is widely regarded as the key trade event for wine and spirits in the world today. Celebrating its 30th anniversary in 2010, the Fair delivers a unique opportunity for producers, importers and buyers to focus on business.
Exhibitors and visitors to the Tax Free World Association (TFWA) Asia Pacific show in Singapore, which opens this Sunday (9 May), have good reason to be optimistic. The Asian duty-free business has rebounded quickly from last year’s global economic downturn. Joe Bates considers the current state of the travel retail sector in the region, ahead of next week's show.
Professionalisation is a key trend in today’s drinks sector, particularly as emerging markets are developing so rapidly within the global drinks industry. With brand loyalty up for grabs, it is critical for alcoholic drinks producers especially to maintain and raise quality. This realisation is behind the growth in formal training for drinks industry professionals, much of it carried out by third parties, including in universities around the world. just-drinks writers have carried out an international assessment looking at where the most important training centres are for the industry.
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