The week in drinks

The week in drinks

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

UK brewer Wells & Young’s will continue to produce the Red Stripe lager brand in the country, despite Diageo taking over the marketing and distribution of its brand from 1 August.

Fortune Brands' plans to make Beam Global Spirits & Wine a standalone spirits company by the end of 2011 took another step forward after the group said it has agreed to sell its golf business.

SBK Beverage has confirmed to the Securities and Exchange Commission (SEC) in Thailand that its stake in Serm Suk is not “related to PepsiCo”, according to local reports.

Worldwide Champagne sales rose by 18.7% in volume during the first quarter of 2011, continuing the run of quarterly increases that began in the fourth quarter of 2009.

Diageo has extended the review of its European operations to encompass its entire operating model, in an attempt to creating “a more cost-effective organisation”.

Moët Hennessy has said that it plans to produce premium sparkling wines in China within three years, after signing a joint-venture with local agriculture group Ningxia Nongken.

Drambuie has announced a change of CEO, following the retirement of its non-executive chairman Richard Stone.

The head of Heineken sees Africa as "the cornerstone" of the brewer's business, with strong potential across the continent for both mainstream and premium beer, he has told just-drinks in an exclusive interview.

Britvic has recorded a drop in first-half profits but has maintained confidence in its outlook for the remainder of the year.

Molson Coors Brewing Company has confirmed its latest change of chairman.