A new year, a new commentator. Taking the baton for white spirits, we welcome back just-drinks' former deputy editor, Chris Mercer, to cast his watchful eye over all things white. This month: Vodka.
You'll have seen, I'm sure, the wave upon wave of Diageo-related speculation in recent months regarding the company's relationships with both the owners of Jose Cuervo Tequila and India's United Spirits.
This month, just-drinks returns to its two-part extended format for The Wehring Interview. Earlier this month, I enjoyed an hour in the company of Diageo's Asia Pacific president, Gilbert Ghostine. I say enjoyed; I wasn't at my best to start.
Yesterday (27 August), Diageo reported its full-year results. Although the company managed to hit its full-year guidance, the group's warning that this year will be tough suggests that Diageo has its work cut out in fiscal 2010. Speaking exclusively to just-drinks yesterday afternoon, group CEO Paul Walsh talks about the trials and tribulations of the past 12 months – including, of course, the ongoing row in Scotland.
Bihar is the latest state in India that will ban the consumption of alcohol, fulfilling an election pledge by the state's Chief Minister.
Here's a look at what was happening on this day in...
Suntory Holdings has declined to comment on another media report linking it to a stake purchase in India's second-largest spirits producer, Radico Khaitan.
Spirits producer Radico Khaitan is preparing to spin off its Indian Made Foreign Liquor (IMFL) business as a subsidiary and seek foreign investment in the unit, according to local reports.
Suntory Holdings has declined to comment on a report it is in talks to buy a 26% stake in India's second-largest spirits producer, Radico Khaitan.
Radico Khaitan has lined up a management restructure following the recent departure of its long-serving chief operating office.
Radico Khaitan has confirmed that it will pull out of its Indian partnership with Diageo, leaving the UK-based company with control of the venture.
Suntory Holdings subsidiary Suntory Beverage & Food Asia is planning to produce beverages in India, a spokesperson has told just-drinks.
Diageo has not ruled out future partnerships in India, but has professed to being “happy” with its presence in the burgeoning spirits market.
Radico Khaitan has said that India's spirits market should expand by 10% every year up to 2015, after the group reported higher sales and profits in the first nine months of its fiscal year.
Radico Khaitan's After Dark
Strong consumer demand for premium spirits in India has driven Radico Khaitan to increases in both sales and profits for the first half of its fiscal year.
The top ten stories published on just-drinks last week:
Diageo has confirmed to just-drinks that it intends to “wind down” its joint venture in India with Radico Khaitan.
Diageo has declined to comment on a report out of India that says the drinks giant will re-enter the market for domestically-produced whisk(e)y in order to boost scale in the country.
Diageo has ended a distribution deal with family-owned Sun Tan Trading Co in India as part of a strategy to bring operations in-house.
Radico Khaitan has said that it will have cash available for expansion, despite paying out to redeem the remainder of its foreign currency convertible bonds.
Diageo has maintained that it expects big things from India going forward, despite not having secured a distribution partner in the country.
Diageo has declined to comment on reports out of India that it is in talks with Mohan Meakin over mutually beneficial opportunities in the country.
Radico Khaitan has signed a deal to market and sell Suntory's Japanese whiskies in India.
India's second largest spirits group, Radico Khaitan, has reported a leap in net profits in its fiscal third quarter with strong demand for key brands.
A subsidiary of India's NV Group, NV Distilleries & Breweries, is to launch Belvedere's Sobieski vodka in India in April 2011, the company has confirmed to just-drinks.
India's Radico Khaitan is reported to be closing in on tie-ups with some unnamed international drinks companies.
The top ten stories published on just-drinks this week:
Radico Khaitan is in talks with international drinks companies with a view to importing and distributing new brands in the firm's native India.
Radico Khaitan Ltd in Alcoholic Drinks (India)
The company has plans to maintain its focus on its premiumisation strategy and will work on launching new products and variants....
Spirits in India
The slow growth of spirits sales continued into 2014, with rising taxes and excise duties in various states, such as Karnataka, impeding the category’s faster progress....
Alcoholic Drinks in India
Overall volume sales of alcoholic drinks grew positively in 2014 due to factors, such as the growing on-trade channel, wider consumer base, and increased manufacturer activities....
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