just the Round-Up - The week in drinks

By | 15 March 2013

The week in drinks

The week in drinks

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

Diageo has announced a review of its global supply operations aimed at annual cost savings of GBP60m (US$89.4m).

PepsicCo's global chief marketing officer is quitting the group after 18 years to join household-products firm SC Johnson.

The Supreme Court in New York has blocked the introduction of a ban on large sugary drinks in the city, a day before it was set to be introduced.

The founders of Fever-Tree have sold a 49% stake in the company to private equity group Lloyds Development Capital (LDC).

An expected easing of commodity prices and growing consumption in emerging markets has boosted the outlook for the global beverage industry, according to the ratings agency Moody's.

Organisers of the London International Wine Fair (LIWF) have said they expect “in excess” of 500 exhibitors at this year's show, but have admitted disappointment over a number of pull-outs.

The Coca-Cola Co has said that it has “co-operated fully” with authorities in China, after reports it is being investigated over allegations that it illegally mapped parts of a province.

Diageo has clarified claims by UK trade union Unite that the drinks giant is not “paying what it is due” in tax in the country.

SPI Group has joined a consortium to make a move for Central European Distribution Corp (CEDC), just-drinks can exclusively reveal.

Bacardi has lined up the launch of what is thought to be the first flavoured Scotch whisky expression in the world.

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

Companies: Diageo, PepsiCo, CEDC, Coca-Cola Co, Bacardi

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