Blog: Monster & Me: We Won't Blame the Weather
Olly Wehring | 12 August 2013
It's almost six years to the day that I let out an almighty whine about the weather; specifically, how drinks companies were blaming/crediting the weather for their performances.
It's taken quite some time, but finally I feel vindicated in my whinge.
Here's a quote from the chairman & CEO of Monster Beverage, Rodney Sacks, as he delivered the company's H1 results last week.
"We don't have weather in our vocabulary. I think that weather does play a part in every beverage. But, we really don't know what effect it has. We don't measure it. That's why, sometimes when weather is up, we don't say: "Well, we did great because of weather. We did badly because of weather." We generally tend to try and manage the business outside of the weather issues."
You can't seem to move at the moment for news of US craft brewers expanding....
Here's a round-up of the top stories on just-drinks last week, featuring Coca-Cola Life, Australian Vintage, Pernod Ricard and BrewDog....
Beer consumption in Germany - already pretty impressive - will undoubtedly have enjoyed a spike following celebrations over the nation's FIFA World Cup win. ...
Last night, The Coca-Cola Co's UK division celebrated moving in to its stylish new central London headquarters with a barbecue on its roof-top terrace....
- A tobacco analogy soft drinks will want to embrace
- just The Preview - SABMiller's Q1
- Pernod's Portman Group penalty - a coincidence?
- Cleaning China's seedier side brings Remy balance
- PepsiCo to consider more re-franchising - CEO
- Diageo's Captain Morgan Facebook ad banned
- Diageo faces public consultation over W&M sale
- William Grant silent on Drambuie bid talk
- Bacardi to fight US football team legal action
- Remy posts Q1 sales drop as Edrington loss bites