just the round-up - The week in drinks
By just-drinks.com editorial team | 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.
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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