Drinks world hit by inflationary pressure
Inflation and economic uncertainty is hitting consumer markets across Europe, with retailers telling wine companies that value is more important to shoppers than ever. But Chris Losh points out that even during the good times, the wine sector has been too price-led, and with consumers now tightening their belts it will be that much harder for wine companies to push through necessary price increases.
The Losh Cause – Inflationary pressures
17 June 2008
Inflation and economic uncertainty is hitting consumer markets across Europe, with retailers telling wine companies that value is more important to shoppers than ever. But Chris Losh points out that even during the good times, the wine sector has been too price-led, and with consumers now tightening their belts it will be that much harder for wine companies to push through necessary price increases.
US: Magnotta Winery sees profits drop amid high cost pressure
13 June 2008
Magnotta Winery Corporation saw its profit margin drop as a result of increased cost pressures and higher grape prices.
GREECE: Weather and costs affect Coca-Cola Hellenic H1 estimates
13 June 2008
Coca-Cola Hellenic Bottling today warned that several external factors have led to a weakness in the performance of its first half of the year.
US: Pepsi calls for cost inflation action
12 June 2008
The head of PepsiCo has called on the US government to take action over rising commodity prices, warning that she sees no end in sight to the trend.
AUS: Foster's CEO quits as earnings revised
10 June 2008
The CEO of Foster's has quit the Australian drinks company.
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