just the round-up - The week in drinks
By just-drinks.com editorial team | 22 February 2008
The top ten most visited stories on just-drinks this week:
Vin & Sprit's rap link for Absolut
US: Absolut unveils Kanye West sponsorship
Vin & Sprit has announced a collaboration with Grammy-winning rap star Kanye West for its vodka brand Absolut in the US.
Pernod Ricard's Mumm, Perrier Jouet funding
FRANCE: Pernod Ricard prepares Mumm, Perrier Jouet investment
Pernod Ricard has lined up a second level of investment for its Champagne units.
Scottish & Newcastle's final FY results
UK: Scottish & Newcastle bids farewell with FY rises, despite France
Scottish & Newcastle has delivered what could be its last set of full-year results as an independent entity.
Fortune Brands heads up race for V&S
SWEDEN: Fortune Brands favourite to pick up Vin & Sprit - sources
Fortune Brands is the favourite of four remaining candidates to buy state-owned Vin & Sprit, according to sources in Stockholm.
Heineken's full-year results
NETHERLANDS: Cartel fine punishes Heineken FY profits
Heineken has seen its full-year profits take a hammering following a ruling last year that it had been part of a cartel in the Netherlands.
Diageo farms out brands in UK
UK: Diageo hands Goldschlager, Myers's to Global Brands
Diageo has handed the sales, distribution and marketing of two of its smaller spirits brands in the UK to Global Brands.
UK: SABMiller steps back from S&N counterbid talk
SABMiller has been moved to issue a statement following speculation that it may tender a counterbid for Scottish & Newcastle.
Tesco pushes for alcohol price talks
UK: Tesco call for mandatory price rises welcomed
The drinks industry in the UK has cautiously welcomed Tesco's call for a ban on the sale of cut-price alcohol in the country's off-trade.
Anheuser-Busch reaffirms long-term goals
US: Anheuser-Busch profits set fair as US gets more attention
Anheuser-Bush has reaffirmed its earnings forecast this year, noting that it will look to focus on its domestic performance in 2008.
Grupo Modelo's FY results
MEXICO: Rising costs fail to hinder Grupo Modelo FY
Grupo Modelo has posted a slight lift in full-year net profit, as rising commodity costs made their presence felt.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Absolut, Pernod, Ricard, Fortune Brands, Perrier, Heineken, Diageo, SABMiller, S&N, Anheuser-Busch, Grupo Modelo
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