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