BRIEFING: just-drinks’ review of 2009
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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- Comment - How Hand-Made is Tito's Handmade Vodka?
- Heineken to stay "active player" in beer M&A - CFO
- Focus - Pernod Ricard's Q1 sales by brand
- Time for Heineken to make a European break
- Moët Hennessy unveils first Travel Retail outlet
- United Spirits sees Q1 net loss
- Whisky downturn slows Diageo's Scotch spend
- Beam Suntory, Edrington part ways in Travel Retail
- Pernod Ricard sees sales lift in Q1