just the round-up - The week in drinks
Author: just-drinks.com editorial team | 28 August 2009
The top ten stories published on just-drinks this week:
Scotch whisky boycott in US?
US: Boycott call for Scotch whisky
An internet campaign to boycott Scotch whisky and other Scottish products has begun in the US, in anger at the release of Lockerbie bomber Abdelbaset Ali al-Megrahi.
Foster's FY results
AUS: Beer boosts Foster's FY, wine still tough
Foster's Group has reported rises in net sales and profits for its fiscal full-year, as the firm's solid beer business helped to offset ongoing difficulties in wine.
Coca-Cola Enterprises suicide
FRANCE: Coca-Cola Enterprises chief commits suicide
The head of Coca-Cola Enterprises in France has committed suicide, the soft drinks bottler has said.
Diageo, United Spirits - the end?
INDIA: Diageo, United Spirits talks conclude
The long-running discussions between Diageo and United Spirits over a possible stake purchase have collapsed, with Diageo walking away from the table.
Heineken's HY results
NETHERLANDS: Cost cutting lifts Heineken H1 profits
Cost savings have helped Heineken to a 20% rise in net profits for the first half of 2009, despite a dip in like-for-like beer sales for the period.
SABMiller and Grolsch in Russia
RUSSIA: SABMiller to brew less expensive Grolsch in Russia
SABMiller is to begin brewing Grolsch in Russia, expanding the lager brand's presence in the country by making it more affordable.
A-B InBev sells to C&C
UK: Anheuser-Busch InBev sells Tennent's to C&C Group
Anheuser-Busch InBev has signed a deal to sell Tennent's in Scotland to C&C Group for GBP180m (US$292m).
Diageo FY results
GLOBAL: Diageo hits FY guidance, warns of tough year ahead
Diageo has warned of a tough 2010 after cost savings helped the drinks giant to hit guidance in its fiscal full-year, despite flat like-for-like sales and a fall in pre-tax profits.
France wine, spirits exports
FRANCE: Wine, spirits exports tumble in H1
French wine and spirits exports slid 25% by value in the first half of 2009, trade body Fédération des Exportateurs de Vins et Spiritueux (FEVS) has said.
Corby Distilleries FY results
CANADA: Corby Distilleries FY profits fall
Corby Distilleries has reported a slip in full-year profits, but was buoyed in the fourth quarter by Absolut Vodka and lower advertising and promotion spend.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Diageo, Coca-Cola Enterprises, United Spirits, Foster’s, Heineken, SABMiller, Grolsch, InBev, Anheuser-Busch, C&C Group, Corby Distilleries, FEVS, Absolut
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