The week in drinks

The week in drinks

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

Diageo is set to make another domestic spirits play in an emerging market, this time by acquiring the Ypióca cachaça brand in Brazil from Ypióca Agroindustrial Limitada.

Cachaça, Brazil's most popular spirits category, offers scope for further premiumisation but the opportunity is “relatively small”, according to an analyst.

Oman may ban bottled water exports to help sate domestic demand, according to local reports.

The number of companies importing wine to China hit a record high of 3,863 last year – up 73% on 2010, a new report has revealed. 

Levels of pessimism around the UK wine market have hit a record high, with nearly half the trade downbeat about prospects for the next 12 months, a survey has found.

United Spirits has reported a slight drop in full-year profits as the performance of two key markets “dampened” its results.
Pernod Ricard has played down suggestions that it is behind the growth curve in Africa as it looks to increase it presence in the area.
The Coca-Cola Co has hit back at New York City's proposed ban on large-serve sugary drinks, calling it an “arbitrary mandate” that patronises New Yorkers' intelligence.
XXXX Gold has replaced VB as Australia’s biggest-selling beer, according to latest industry figures.
Diageo has appointed a new president of its Canada division, the company announced yesterday (31 May).