Blog: Can you smoke without fire?
Chris Brook-Carter | 17 February 2004
There is no smoke without fire, or so the saying goes. But in this media-led world, dominated by a cynical public who distrust everyone and everything from polticians to big business, has it become too easy to suspect all those who hold power of wrong doing?
The Coca-Cola Company is a case in point. As one of the world's largest US-owned groups, it has become a leading target for all those protesting about all that is wrong with the modern world, from pesticides in soft drinks (India) and coercion against workers (Columbia), to anti-trust business practices (Europe).
It was interesting, then, to see a report in the US press today, quoting several former federal prosecutors on the subject of Coke's current US government investigation into allegations of fraud.
Rather than join an easy bandwagon in condeming Coke before it is found guilty, they suggest the investigaiton will turn up nothing illegal.
"From the things that I've seen, they've done an internal investigation that refuted many of the allegations. If that holds out and proves to be the case, I would expect the government to reach a similar conclusion," said Richard Deane, a former attorney in Atlanta.
Another former federal preosecutor said: "Some people on the street might think that where there's smoke there must be fire, but that may not necessarily be true. The government might ultimately decide there is no fire and there is no basis to bring forth charges."
Some people in India believe alcohol should be more difficult to purchase. Last month, the state of Bihar halted all alcohol sales as its chief minister made good on an election promise. ...
Greetings from Zurich. Here as a guest of Heineken's Amstel brand, I'm due to sit down later today with the group's senior global director for international brands, Walter Drenth....
Drinks companies spend a lot of money on trying to predict trends. At last night's Worshipful Company of Distillers City debate, any strategists in the audience got a bit of forecasting for free....
I'll admit to being partial to an Aperol Spritz now and again, more usually in the summer months, sitting outside, shades on, slowly turning more golden/rusty....
- The category today - Scotch Whisky I
- Today's Market Trends - Scotch Whisky II
- Key Brands Performance - Scotch Whisky IV
- Tomorrow's Market Trends - Scotch Whisky III
- Category Innovations - Scotch Whisky VII
- Beam Suntory names CFO, makes structural changes
- Diageo to accept US$1m South Korea fine
- Analysts clash over AB InBev SAB Brexit impact
- Pernod switches Travel Retail Europe op's director
- AB InBev unveils Stella Artois three-packs
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global RTD insights - market forecasts, product innovation and consumer trends
- Global travel retail insights - market forecasts, product innovation and consumer trends
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- Consumer and Market Insights: Wine Market in China