just the Round-Up - The week in drinks
By Olly Wehring | 9 November 2012
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The week in drinks |
The top ten stories published on just-drinks last week:
Heineken's focus on its global brands could damage sales as the world market fragments, an analyst has warned.
Beer drinkers trading down to less expensive brands and the dollar/euro exchange rate could affect Boston Beer Company's future earnings, according to an analyst.
Heineken's long-running bid to take full control of Asia Pacific Breweries (APB) is set to complete this month after Singapore's competition commission gave the green light to the move.
The head of Diageo's operations in Latin America and the Caribbean has warned that he would “hate to lose” the Jose Cuervo Tequila brand, as the end of the company's current agreement looms.
The head of Diageo's operations in Brazil has said that the company is set to expand its distribution coverage, to exploit the burgeoning middle class in the country.
Carlsberg has said it will be forced to introduce price rises of around 15% in France if the government goes ahead with planned duty increase.
Red Bull has said it is satisfied with an Indian court's decision to stop it using three distribution partners of Narang Danone Access (NDA), a former partner in the country.
Anheuser-Busch InBev has confirmed that it will launch a new stonger “dark” version of Budweiser, called Black Crown, early next year.
The boss of Monster has mounted a lengthy defence of the company, restating its products are “safe” and arguing claims made in a lawsuit against it are “totally baseless”.
Diageo boss Paul Walsh has said he is “ambivalent” about the possible prospect of losing Whyte & Mackay to ensure the United Spirits deal goes through.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Heineken, Diageo, Carlsberg, InBev, Red Bull, Danone, Whyte & Mackay, United Spirits
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9 Nov 2012 -Currently reading -
just the Round-Up - The week in drinks
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