just the round-up - The week in drinks

By | 17 October 2008

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

Delay for Foster's Group wine sale?

AUS: Foster's wine sale may face delay

A poor financial climate means Australian drinks group Foster's might be forced to wait to unload its troubled wine division.

France closure for William Grant & Sons

UK: William Grant & Sons to close Raynal & Cie brandy site

William Grant & Sons has confirmed that it plans to close its French brandy production facility in the Cognac region of the country.

SABMiller trading update

UK: SABMiller volumes up, eyes uncertain H2

SABmiller has reported a 3% rise in beer volumes for its first half, despite slowdowns in the emerging markets of Russia and China.

PepsiCo Q3 results

US: PepsiCo cuts jobs as drinks sales slide

PepsiCo plans to cut more than 3,000 jobs as part of a new cost savings programme designed to reinvigorate its North American beverages business, it has announced, following a tough third quarter.

Vin & Sprit in Absolut lawsuit

UK: Vin & Sprit sues Absolute Radio

Vin & Sprit, the owner of Swedish vodka brand Absolut, has launched legal proceedings against UK radio station Absolute Radio for infringement of its trademark.

Diageo Q1 trading update

UK: Diageo sticks to FY forecast as Q1 sales rise

Diageo has maintained its full-year guidance for its 2008/2009 fiscal year, after delivering a lift in sales in its first quarter.

Wirtz Beverage, Glazer's Distribution and Judge & Dolph

US: Wirtz Beverage takes back Judge & Dolph control from Glazer's

Wirtz Beverage Group has snapped up Glazer's Distributors' interest in the companies' recently-formed joint venture in Illinois.

Grupo Modelo, Anheuser-Busch and InBev

MEXICO/US: Grupo Modelo looks to arbitration to settle Anheuser-Busch row

[Updated 19:20BST] Grupo Modelo has filed a notice of arbitration against Anheuser-Busch in light of A-B's pending takeover by InBev.

Heineken and Efes Breweries International in Serbia

SERBIA: Heineken, Efes line up Serbia investment, brewery closure

Heineken and Efes Breweries International have confirmed further details of their joint-venture in Serbia, and the closure of one of their breweries in the country.

InBev and Stella Black in UK

UK: InBev rubbishes 'Stella Black' launch talk

InBev has dismissed speculation that is has lined up a high strength brand extension for its Stella Artois beer in the UK.

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

Companies: William Grant, SABMiller, PepsiCo, Foster’s, Diageo, Absolut, Grupo Modelo, Anheuser-Busch, InBev, Heineken

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