just the round-up - The week in drinks
By just-drinks.com editorial team | 11 December 2009
The top ten stories published on just-drinks this week:
INDIA: Heineken secures India deal with UB Group
Heineken has finally sealed a shareholder deal in India with United Breweries.
The World Cup of beer
SOUTH AFRICA: World Cup beer battle brewing
One of the biggest games in next year's Fifa World Cup in South Africa will be played out in the nation's bars and retailers.
Kirin Holdings in China
CHINA: Kirin Holdings raises soft drinks JV stake
Kirin Holdings is to expand its presence in China's soft drinks market by raising its stake in joint venture group Shanghai Jinjiang Kirin Beverage & Food.
Brown-Forman's H1...
US: Brown-Forman raises guidance on H1 profits rise
Jack Daniel's whiskey owner Brown-Forman has lifted its full-year profits guidance after reporting a rise in earnings for the first half of its fiscal year.
... and Aus/NZ appointment
US/AUS: Brown-Forman names Australia, NZ managing director
Brown-Forman has confirmed a replacement for its recently-promoted managing director for Australia, New Zealand and the Pacific Islands.
The UK's pre-Budget report
UK: Chancellor confirms VAT rise, leaves alcohol duty
UK chancellor Alistair Darling has confirmed that value added tax will return to 17.5% next year, but there will be no further direct rise on alcoholic drinks duty tax.
Diageo's Scotland adventure - the end
UK: Diageo concludes Scotland restructuring talks
Diageo has confirmed that "the vast majority" of workers affected by its planned restructure in Scotland have accepted the company's proposals.
PepsiCo's Gatorade and Tiger Woods
US: PepsiCo to drop Gatorade Tiger Focus
PepsiCo has denied any link between its decision to drop its Gatorade Tiger Focus drink and the current media speculation surrounding the private life of the product's inspiration, golfer Tiger Woods.
Diageo and Femsa
MEXICO: Analysts dampen Diageo, Femsa link
Diageo has been linked to a buyout deal for Mexcian brewer Femsa Cerveza but analysts believe the drinks giant remains very much an outsider, with SABMiller in pole position.
Diageo Chateau & Estate Wines
US: Diageo exiting Bordeaux wine futures market
Diageo is exiting the market for first-growth Bordeaux wines in the US due to falling prices and lower market demand.
Sectors: Beer & cider, Soft drinks, Spirits, Water, Wine
Companies: Brown-Forman, Kirin, Heineken, Diageo, United Breweries, PepsiCo, UB Group, SABMiller
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