just the Round-Up - The week in drinks

By | 22 March 2013

The week in drinks

The week in drinks

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

Red Bull has refused to comment directly on reports it has been the victim of threats to contaminate its products in Austria.

Trade group spiritsEUROPE has voiced its disppointment after a bid by the European Commission to define and standardise absinthe was rejected.

The Company of Wine People has announced that it is changing its name to Stellenbosch Vineyards.

Volume sales from US craft brewers rose by 15% in 2012, giving the sub-category a 6.5% share of the country's beer market, according to latest figures.

Diageo's sales in China have stayed firm despite stricter controls covering inter-governmental gifting and banqueting, according to the firm's chief operating officer.

Beam Inc has welcomed a legal ruling in a trademark dispute over its Pucker flavoured vodka brand.

The UK Government has announced a cut in beer tax and scrapped the duty escalator on the category in its annual Budget. 

Diageo has distanced itself from entering the 'flavoured' Scotch whisky arena, as Bacardi readies a honey-”infused” expression of its Dewar's Scotch brand.

Belvedere has been granted court approval for its debt restructuring plan, while the French spirits group has also lined up the sale of its Danzka vodka brand.

Pernod Ricard has said its performance in China has been hit this year by the clampdown on inter-governmental gift-giving and banquets.

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

Companies: Diageo, Red Bull, Beam Inc, Belvedere, Bacardi, Pernod, Ricard

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Pernod Ricard has blamed a drop in sales for its blended Scotch whisky in South Korea on consumer trends towards white spirits and single malt.

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