Blog: Coors Light unseats King Bud
Chris Mercer | 11 January 2012
Coors Light has achieved its expected coup in the US by knocking Budweiser off its perch as the second biggest selling beer in the country.
SABMiller's CEO, Graham Mackay, confirmed to just-drinks last year that this was on the cards. It has now come to pass, according to Beer Marketer's Insights, which this week put Coors Light 0.5m barrels ahead of Budweiser for calendar 2011.
No doubt there will be a few celebratory beers at MillerCoors HQ. Beer Marketer's Insights estimates that Budweiser - self-styled the King of Beers - lost 4.6% of volume last year. Coors Light, meanwhile, picked up 0.8% of volume.
Not exactly stellar figures, and reflective of weak mainstream beer sales in the US. It would be understandable to compare the tussle to a boxing match on a sinking boat. Anheuser-Busch InBev's Bud Light, meanwhile, remains, ahem, light years ahead of its nearest rival.
But, there is a certain amount of symbolism and prestige at stake for MillerCoors, not to mention bragger's rights with distributors.
Heavy metal legend Bruce Dickinson - lead singer of the band Iron Maiden, for the unitiated - is clearly a man not afraid to get his hands dirty. ...
The homebrewing revival continues in the UK - and evidence has come that even the supermarket chains are taking it semi-seriously. ...
Does Pernod Ricard have something to hide? In a press conference after the release of full-year results today, only a quarter of the 100 minutes were given over to questions from journalists....
Here's a round-up of the top stories on just-drinks last week, featuring Carlsberg, Heineken, Coca-Cola Amatil, California's winelands and Cognac....
- The End of the Road for International Beer Brands?
- Comment - Another One Bites Bacardi's Dust
- Allegro: The shape of things to come at Pernod?
- Pernod Ricard's FY Performance by Region, Brand
- US craft vodka puts squeeze on Pernod's Absolut
- Mast-Jägermeister targets UK off-trade boost
- Pernod bemoans tough FY as sales, profits drop
- ASA bans Jägermeister TV ad
- Bacardi announces CFO switch
- SABMiller exec to become CFO at Beam Suntory