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INDIA: United Breweries nine-month profits dip, sales jump

7 February 2012

United Breweries has reported a jump in nine-month beer sales, but profits were damaged by higher packaging, advertising and finance costs.

US/RUSSIA: CEDC says Russian Standard not only option

3 February 2012

Central European Distribution Corp has said that Russian Standard's proposal is one of several "options" it is exploring.

RUSSIA: Abrau-Durso winery to go public - report

1 February 2012

Russian sparkling wine producer Abrau-Durso is planning to list on the Moscow Stock Exchange, according to a report.

MEXICO: The Coca-Cola Co to spend US$1bn in 2012

31 January 2012

The Coca-Cola Co will invest US$1bn in Mexico in 2012, as part of the soft drinks firm's five-year spending plan for the country.

CHINA: Wine Australia urges Chinese caution

31 January 2012

Wine Australia's general manager for market development, James Gosper, has told just-drinks that the country's wineries are right to be optimistic about China, but should approach the market cautiously.

Comment - SABMiller, CR Snow To Get Second Bite at Kingway?

27 January 2012

SABMiller's Chinese joint-venture, CR Snow Breweries, could get a second chance to dig its claws into Kingway Brewery and mount a stronger challenge to Tsingtao in the country's Guangdong province.

just The Facts - Sports and energy drinks in Brazil

27 January 2012

Red Bull is to expand in Brazil by building a production facility in the country. Here, just-drinks looks at Brazil's thirst for energy and sport drinks.

Comment - Soft Drinks & Water - India Calling

24 January 2012

The soft drinks industry has been buzzing about China for quite some time. But, look in its shadow, and one can see India - a market that could eclipse its neighbour in the future. Ray Rowlands casts his eye over the market.

POLAND: CEDC renews Beam Inc distribution, Russian Standard talks ongoing

24 January 2012

Central European Distribution Corp has renewed its exclusive distribution deal with Beam Inc in Poland, as the group continues to consider a proposal from Russian Standard.

TURKEY/RUSSIA: SABMiller, Anadolu Efes sign formal deal

24 January 2012

SABMiller has cemented an agreement with Anadolu Efes that will see it hand over Russian beer operations in return for a 24% stake in the Turkey-based brewer.

Comment - Vodafone Ruling Bodes Well for SABMiller

23 January 2012

Vodafone's tax victory in India is a promising sign for SABMiller, which faces a similar dispute over its acquisition of Foster's Group's operations in the country.

CHINA/HONG KONG: Kingway Brewery eyes sale on weak profits

23 January 2012

Kingway Brewery has said that it will consider selling all or part of its business, offering multinational brewers an opportunity to increase their scale in China's growing beer market.

INDIA: Weak Q3 hampers United Spirits nine-month performance

23 January 2012

United Spirits has seen weak third-quarter trading take the shine off a rise in sales and profits for the first nine months of its fiscal year.

INDIA: United Spirits gets bond issue green light

20 January 2012

Shareholders of United Spirits have approved the group's plan raise US$225m through a bond issue, with the distiller strongly denying that funds will be used to prop up UB Group's Kingfisher Airlines.

S KOREA: Diageo to appeal against extra tax levy

20 January 2012

Diageo has said that it is appealing against efforts by the South Korean Government to levy extra tax on its previous drinks sales in the country.

CHINA: Kingway Brewery Holdings suspends trading

20 January 2012

Kingway Brewery Holdings has voluntarily suspended trading on the Hong Kong stock exchange, pending an unspecified announcement.

Research in Focus - Baijiu Shows Premium Sector is Not All About Imported Cachet

20 January 2012

Much has been written about the continued growth potential for imported spirits in China, but a new report from The IWSR examines the special position the traditional spirit, baijiu, holds in the Chinese spirits sector.

INDIA: United Spirits bond issue raises concern

19 January 2012

A Mumbai-based investor advisory firm has told United Spirits shareholders to tread carefully when they are asked to approve the distiller's plan to raise US$225m through a debt sale.

FRANCE: Chinese New Year spikes Remy Cointreau nine-month sales

19 January 2012

Cognac sales ahead of Chinese New Year have driven Remy Cointreau to a strong sales increase in the first nine months of its fiscal year.

Comment - Quick Take: Remy Cointreau Shares Come Down to Earth?

19 January 2012

Remy Cointreau's share price sank after the group reported an 18% rise in nine-month net sales today, showing that even Cognac's seemingly inexorable rise in China has its limits.

GLOBAL: SABMiller Q3 sales rise, Foster's unit loses share

19 January 2012

Africa, Asia and Latin America have propelled SABMiller to a rise in beer sales in its fiscal third quarter, as Europe and North America remained troubled and the newly-acquired Foster's business lost market share.

AFRICA: SABMiller ups stake in Tanzania Breweries

19 January 2012

SABMiller has slightly increased its stake in Tanzania Breweries after acquiring shares sold on the open market by its ex-business partner, Diageo.

CHINA: China has untapped thirst for lower-alcohol wine - research

18 January 2012

China's emerging middle class sees wine as a lighter alternative to hard spirits and would welcome lower-alcohol options, suggests new research commissioned by Prowein.

GLOBAL: Cognac trade body hails "remarkable" 2011

17 January 2012

Cognac exports broke the EUR2bn (US$2.6bn) barrier for the first time in 2011, according to figures from trade body BNIC, driven mainly by China's thirst for the premium French spirit.

INDIA: Speculation mounts over UB Group finance plan for beer, spirits

16 January 2012

UB Group's financial difficulties have lead to reports that it is again mulling a stock listing for Whyte & Mackay, as the pressure grows for greater outside investment in the firm's spirits and beer businesses.

CHINA: SABMiller JV to trial Miller Genuine Draft in China

16 January 2012

SABMiller is to trial Miller Genuine Draft in China via its joint-venture in the country, as the world's big brewers seek to gauge Chinese consumers' demand for high-end beer.

RUSSIA: CEDC signs La Martiniquaise deal

16 January 2012

Central European Distribution Corp will be the exclusive distributor for La Martiniquaise's Label 5 Scotch whisky in Russia, the drinks group has announced.

GLOBAL: Wine consumption to rise faster, but not in Europe

11 January 2012

Global wine consumption will increase faster over the next four years, but mature markets and a tough economic climate in much of Europe will leave the US and Asia to drive growth, according to Vinexpo.

The Wehring Interview - Diageo Africa president, Nick Blazquez - Part I

10 January 2012

Late last year, Olly Wehring visited New York with Diageo, and sat down with the company's head of Africa, Nick Blazquez, for an hour. Earlier today (10 January), Diageo completed its purchase of Meta Abo in Ethiopia. Put the two together, and welcome to part one of the first Wehring interview of 2012.

ETHIOPIA: Diageo closes Meto Abo purchase

10 January 2012

Diageo has acquired Ethiopia's last state-owned brewer, Meta Abo, in a move that will see the Guinness brewer lock horns with Heineken and Castel in Ethiopia's beer market.

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