just the Round-Up - The week in drinks

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

• CHILE/US: Concha y Toro completes Fetzer Vineyards buy

Vina Concha y Toro has completed the acquisition of Fetzer Vineyards from Brown-Forman for US$238m.

• just On Call - Grupo Modelo warns on beer discounting

Grupo Modelo has warned that the current levels of discounting in the sluggish US beer market are unhealthy for the industry.

• GLOBAL: The Coca-Cola Co readies 125th anniversary celebrations

As The Coca-Cola Co gears up for its 125th anniversary, the soft drinks giant has been preparing campaigns and TV adverts to run across its main markets.

• FRANCE: LVMH rides the Cognac wave in Q1

Demand for Hennessy Cognac in Asia and the US, backed by continued momentum in Champagne, has helped French luxury goods group LVMH to report strong first quarter sales.

• UK: SABMiller sees single-digit sales, volumes rises in FY

SABMiller has reported a lift in volumes for its latest fiscal year, noting that its financial performance is “in line” with its expectations.

• INDIA: United Spirits confirms MD exit

United Spirits has confirmed that its managing director, Vijay Rekhi, has stood down.

• just On Call - Heineken's Q1 momentum set to lose fizz

Heineken does not expect to maintain its strong volumes and profits momentum from the first quarter due to higher costs and tougher comparables later in the year, but the brewer is encouraged by gains in emerging markets.

• LUXEMBOURG/US: SPI Group co-owner steps down

One of SPI Group's two shareholders has quit the Luxembourg-based owner of the Stolichnaya vodka brand.

• FRANCE: Rémy Cointreau’s FY net sales rise

Rémy Cointreau survived a dip in Cognac sales in its fiscal fourth quarter to report a strong rise in net sales for its latest full-year.

• AUS: Foster's Group rows back on director post

Foster's Group has been forced to reverse its decision to appoint Peter Hearl as a non-executive director of Treasury Wine Estates.