Blog: Tequila question
Chris Brook-Carter | 6 October 2003
But though the gin cocktails we were served demonstrated once more the potential for gin to gain lost ground on vodka if it was given the right backing, it was really another white spirit cousin I was interested in - Tequila.
Its was difficult to know from afar how serious to take the news last week that the US drinks industry was deeply concerned by the Mexican Tequila authorities' plans to insist all Tequila be bottled in Mexico. On meeting delegates from DISCUS, the answer quickly became clear - very.
DISCUS's head of communications Frank Coleman told me: "We are going to be very aggressive with this."
At the moment, around 50% of the world's Tequila consumption takes place in the US. Of that total 83% is imported in bulk and then bottled locally, including the major brands Sauza and Jose Cuervo.
Both sides are claiming to be backed by international trade laws, but that's an awful lot of jobs that would go south of the border if Mexico gets its way - jobs both countries' governments need in the present enviroment. With accusations mounting, the US government look set to get involved and I think we can expect a long, drawn out and heated trade battle before a conclusion is reached on this one.
Whisk(e)y companies spend a lot of money and effort ageing their products for that premium taste....
PepsiCo created a stir last week with the news it is testing a product called Caleb's Kola, with some in the media claiming it was the beginning of a new “craft soda” category....
SABMiller's bid to widen the appeal of beer is very much in evidence at its latest 'House of Peroni' - with beer cocktails and a bigger bottle for the Italian lager brand on offer. ...
Here's a round-up of the big stories on just-drinks last week, featuring PepsiCo, SABMiller, the Scotch whisky category and the US wine market....
- Analysis - Remy's Cognac "dead-cat bounce"
- Comment - How Hand-Made is Tito's Handmade Vodka?
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- SABMiller's troubles fuel M&A rumours
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- TWE unveils Penfolds range after CEO's "bold move"