just the round-up - The week in drinks

By | 7 August 2009

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

MillerCoors H1 results

Insight - Beer market to remain weak - MillerCoors

There is unlikely to be an upturn on the US beer market for the rest of 2009, according to MillerCoors, adding that it plans to raise beer prices in the autumn.

Molson Coors H1 results

Insight - Molson Coors confident on UK prospects

Molson Coors has hailed strong profits growth in the UK in 2009 and said that its business in the country has good prospects, despite a tough beer market.

Whyte & Mackay job losses

UK: Whyte & Mackay warns of job cuts

Whyte & Mackay has confirmed that it is likely to cut its workforce by almost 15%.

PepsiCo, PepsiAmericas, Pepsi Bottling Group

Update - PepsiCo deal for bottlers, aims for year end close

PepsiCo hopes to complete the US$7.8bn buyout of its major bottlers, PepsiAmericas and Pepsi Bottling Group, by the end of the year.

Diageo v SABMiller in Africa

UK: SABMiller, Diageo court case opens

A London High Court hearing has opened on SABMiller's attempt to block Diageo from using its East African Breweries unit to buy a stake in a rival brewer.

Carlsberg H1 results

Insight - Carlsberg calms fears of Russia tax rise

Carlsberg has sought to calm concerns that Russia's Government is planning to plug a budget deficit by tripling excise tax on beer.

CEDC H1 results

Insight - CEDC warns of slow vodka turnaround, lines up Russian releases

Central European Distribution Corporation (CEDC) has warned that vodka volumes in its key market of Russia are not expected to pick up until the final quarter of this year.

Campari H2 results

Insight - Campari profits boosted by lower ad spend, expects H2 lift

Campari has seen first half profits boosted by lower spend on advertising and promotion, following a drop in media rates in several key markets.

Kirin Holdings

JAPAN: Kirin Holdings raises guidance despite profits slide

Kirin Holdings has raised its full-year net earnings guidance by 5%, despite an 82% slide in profits in the first half of 2009.

Alcohol pricing

Comment: Alcohol, pricing and teenage 'boredom'

Price rises on drinks are not the solution to preventing excess drinking by teenagers and young people in the UK, argues just-drinks' student journalist Becky Pile.

 

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

Companies: Molson Coors, Whyte & Mackay, PepsiCo, SABMiller, Diageo, Carlsberg, PepsiAmericas, Pepsi Bottling, CEDC, Campari, Kirin

There are currently no comments on this article

Be the first to comment on this article

Related articles

UK: Carling beats Belhaven to Scottish Rugby deal

Molson Coors' lager brand, Carling, has replaced Greene King's Belhaven as the official beer sponsor of Scottish Rugby.

UK: Molson Coors finds marketing chief for UK

Molson Coors has confirmed the permanent appointment of a marketing director for its UK unit.

UK: Vijay Mallya's son joins Whyte & Mackay

The son of Vijay Mallya, the billionaire owner of India's UB Group, is to work for the firm's Scotch whisky subsidiary, Whyte & Mackay.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page