just the Round-Up - The week in drinks

By | 6 January 2012

The week in drinks

The week in drinks

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

France's Constitutional Council has approved a tax hike on added sugar soft drinks and a lesser rise on drinks containing sweeteners.

SPI Group has switched distributors for its Stolichnaya vodka portfolio in Ireland.

India will likely have to agree to lower import tariffs on wine and spirits if it wants to secure a free trade agreement with the European Union. 

Paul Walsh has become a non-executive director at Avanti, further widening his reach beyond the CEO seat at Diageo.

The Coca-Cola Co and PepsiCo both lost market share to private label in Western Europe in the four weeks ended 4 December, according to Sanford Bernstein analysts.

The UK arm of Anheuser-Busch InBev has defended its use of a lobbying agency to remove references to the term 'wife beater' from the Wikipedia page for its Stella Artois lager brand.

Whyte & Mackay has reported sharp drops in sales and profits for its most recent full-year.

PepsiCo has denied reports that it is looking to cut around 4,000 jobs and reduce pension contributions in a bid to boost earnings.

Constellation Brands has said that it remains confident that wine sales will improve in the near future, amid signs that investors are nervous.

Carlsberg has said that it has "full confidence" in management at Chinese partner Chongqing Brewery, despite seeing the group's shares suspended from trading. 

Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine

Companies: PepsiCo, InBev, Diageo, Coca-Cola Co, Stolichnaya, Whyte & Mackay, Constellation, Carlsberg

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