The week in drinks

The week in drinks

The top ten stories published on just-drinks this week:

GLOBAL: Pernod Ricard confirms business reshuffle

Pernod Ricard has confirmed the creation of a premium wines business division, while the drinks giant's managing director for distribution is to step down.

UK: AG Barr implements Irn-Bru additive warning

AG Barr has placed a “temporary” warning on Irn-Bru drinks labels over the use of artificial colourings linked to hyperactivity in children, in-line with new EU rules.

US: Jones Soda calls off buyer search - report

Jones Soda has said that it is no longer looking for a buyer and will instead concentrate its efforts on building the company’s distribution network, according to reports.

US/GERMANY: Beam Global Spirits & Wine offloads spirits brands to Henkell & Co

Beam Global Spirits & Wine has lined up the divestment of three German drinks brands to Henkell & Co in the country.

INDIA: Asahi Breweries eyes India presence - source

Japanese beer giant Asahi Breweries is actively looking to establish a footprint in the Indian market, according to a source.

US: Recession hangover hits alcohol M&A deals - figures

Alcoholic drinks firms in the US have been reluctant to acquire new businesses in the last 18 months and activity has lagged behind other sectors, such as soft drinks, new figures show.

DENMARK/CHINA: Carlsberg edges to Chongqing Brewery Co completion

Carlsberg has moved a step closer to taking a 30% stake in China's Chongqing Brewery, after the deal was endorsed by the firm's workers' committee.

US: Wine prices face long road to recovery - Research

Oversupply on the global wine market and discounting by retailers threaten to derail positive signs in the US wine sector, according to investment banking group Rabobank.

US: Beam Global profits slip fails to hinder Fortune Brands H1

Fortune Brands has posted a healthy lift in sales and profits for the first half of 2010, despite a dip in operating profits at its Beam Global Spirits & Wines division.

EUR: ECJ rules against Anheuser-Busch InBev in Budweiser row

The European Court of Justice has ruled that Anheuser-Busch InBev cannot register the name Budweiser as a trademark across the EU.