By: Olly Wehring
The just-drinks leader, written by the just-drinks leader.
Another day, another drinks executive stepping down “to explore new opportunities”. Usually, this is code for “is leaving to join one of our competitors in a slightly better-paid position”. But, with nowhere to go to yet, Andy Fennell's departure from Diageo is a strange one, especially as he has been held up internally as the 'next big thing'.
Nine months after Pivovarna Lasko hung out the 'for sale' sign, Heineken has emerged as the Slovenian firm's favoured suitor – or should that be saviour?
Many industry observers will have linked yesterday's major food M&A story with the ongoing rumbles around Anheuser-Busch InBev's widely-expected move for SABMiller. Shareholders of the two brewers clearly did the same, with the pair seeing their share prices fall markedly today.
I have to take my hat off to the Western European divisions of The Coca-Cola Co. By bringing together the marketing and packaging for the group's namesake brand together with its healthier brethren, the units will finally be able to indirectly say what they've been itching to say – but daren't – for at least the last few years.
The announced departure of a company's CEO on the same day as the reporting of a near-20% fall in full-year profits usually looks pretty black and white. But, there is far less of a sword-falling case to conclude when it comes to Carlsberg today.
My time in Chile, courtesy of Concha y Toro, is fast drawing to an end. Having reported on both the country's wine industry broadly, and the company specifically for the better part of ten years, this visit has put quite a bit of meat on the bones of my knowledge of all things Chilean. Such as:
Earlier today, I enjoyed a healthy debate on Twitter with one of my peers here in the UK. The journalist, writing in UK on-trade publication Inapub, was having a dig at 'Dry January', the concept of not drinking alcohol for all of the first month of 2015.
The announcement late yesterday that Cuba and the US have started on the road to normalised relations will be of particular interest to two spirits companies – one evicted from its home by the revolution, the other a co-owner of a rum because of the revolution.
Last weekend, the Wall Street Journal published a fascinating article that looks at the more recent performance – or lack thereof – of Anheuser-Busch InBev's Budweiser brand in the US.
I must be getting soft in my old age, but there are two drinks marketing campaigns that have recently launched, which have resonated particularly well with me. The one thing they have in common is that they both barely feature the product they are promoting – if at all.
SABMiller may have been trying to sneak news of its Brazilian tie-up with Petropolis under the radar, but the news comes on the back of pronouncements by the brewer that it is keen to up its presence in the country. It also comes at a time that SABMiller finds itself in a position where it needs to make an acquisition. And fast.
Pernod Ricard's decision this week to withdraw its support for the geographical indication (GI) 'Plymouth Gin' makes sense to me, but that such a GI exists at all serves only to underline the confusion that still abounds in the gin category.
Diageo's move to take back full control of Don Julio certainly indicates the potential for Tequila. However, it is the company's divestment of Bushmills that speaks even louder, to the future for Irish whiskey.
Back in April, when the Scotch Whisky Association released 2013's export sales figures for the category, many observers expressed disappointment, but not necessarily surprise, at the numbers.
I'm not entirely sure why so many trade press column inches were given over to the latest 'news' from Diageo's new single grain Scotch whisky brand, Haig Club, yesterday. I mean, the launch of the product was initially announced six months ago.
- Is Diageo on the Brink of a Brain Drain?
- SABMiller edges Diageo as beer trumps spirits
- Comment - Heineken's move for Pivovarna Lasko
- Will Keurig Kold come to Coca-Cola Co's Rescue?
- Focus - SABMiller's FY Sales Performance by Region
- Rémy Cointreau eyes recovery after Q4 bounceback
- Carlsberg exec joins Diageo as Africa chief steps
- Belvedere unveils executive team
- Diageo YTD sales come in flat
- Diageo targets Millennials with DeLeon ads