Blog: Double Diageo
Chris Brook-Carter | 4 September 2003
Given they have had to integrate the Seagram business during the toughest of years, Diageo's achievement of growth, though not near the levels two years ago, is still worthy of applause.
The most interesting comments from CEO Paul Walsh concerned Diageo's changing perception of the RTD market. Gone are the days of stellar growth. And although he would not be drawn on specific questions concerning growth rates in the UK and US, he did say that the company believed, globally, its RTD brands would grow at the same sort of rates as the parent spirits brands.
How this will change the company's strategy towards its RTDs, which require high levels of innovation, renovation and investment remains to be seen.
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?
- Allegro: The shape of things to come at Pernod?
- Comment - Another One Bites Bacardi's Dust
- Pernod Ricard's FY Performance by Region, Brand
- US craft vodka puts squeeze on Pernod's Absolut
- Pernod bemoans tough FY as sales, profits drop
- Bacardi announces CFO switch
- ASA bans Jägermeister TV ad
- Pernod Ricard set for CMO switch
- Scotch whisky leaders sign pro-UK letter