just the round-up - The week in drinks

By | 29 August 2008

The top ten most visited stories on just-drinks this week:

Foster's full-year results

AUS: Wine turns Foster's profit sour

Australian drinks giant Foster's has blamed a disappointing performance from its wine division for a drop in full-year profit and sales.

Carlsberg and Kronenbourg

FRANCE: Carlsberg changes Kronenbourg head - again

Carlsberg has announced another change of leadership at its recently-acquired Brasseries Kronenbourg operations in France.

Diageo and Gordon's gin in UK

UK: Diageo launches Gordon's gin campaign, part two

Diageo has extended its tie-up with celebrity chef Gordon Ramsay for its Gordon's gin brand in the UK.

Heineken's first-half results

NETHERLANDS: Heineken H1 profit up, remains cautious

Heineken has said it expects a mid-single digit profit rise for 2008, following strong revenue growth and a series of cost savings measures in its first half.

Cott Corp. revises outlook

CANADA: Cott Corp revises outlook as troubles worsen

Cott Corporation has revised its outlook downwards, warning it will fall "substantially short" of its expectations for this year.

Agave shortages for Tequila companies

MEXICO: Agave shortage looms for Tequila makers

Fears are growing that Mexico's Tequila industry will face severe shortages, as farmers switch from the blue agave plant to so-called cash crops such as corn.

Diageo's full-year results

UK: Diageo still strong in FY, but future looks tougher

Diageo has posted rising sales and profits for its latest fiscal year, but has warned of slowing growth going forward.

Pernod Ricard's Absolut plans

FRANCE: Pernod Ricard to keep Absolut Swedish

Pernod Ricard chief executive Pierre Pringuet has said that Sweden will remain the home of Absolut vodka.

Brown-Forman Q1 results

US: Tequila troubles hit Brown-Forman profit

Brown-Forman, the US drinks group, has blamed a lack of fit and healthy agave plants for a 7% fall in its first quarter profit.

Pernod Ricard, Fortune Brands resolve Absolut situation in US

US: Pernod Ricard, Fortune Brands terminate Absolut venture

Fortune Brands is to stop distributing Absolut vodka in the US this autumn, after agreeing to an early termination of its contract with new owner Pernod Ricard.

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

Companies: Diageo, Carlsberg, Heineken, Foster’s, Cott, Pernod, Ricard, Absolut, Brown-Forman, Fortune Brands

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just the round-up - The week in drinks

See the top stories published on just-drinks this week.

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