Blog: The just-drinks Weekly Round-Up
Olly Wehring | 7 October 2013
On just-drinks last week:
Constellation Brands released its Q2 and H1 results on Thursday. The US-based company has shifted from being better known as a wine producer to being referred to predominantly as a brewer. That’s little wonder, considering Constellation became the US’s third biggest brewer in June. Sure enough, the buyout of JV partner Grupo Modelo dominated last week’s numbers. which is no bad thing: Constellation’s wine and spirits sales were down by 1% in its second quarter. For our full coverage of Constellation’s results, click here.
After the announcement last month that Oaktree Capital will launch an IPO for a stake in its Stock Spirits division, the US-based private equity group made another spirits sale last week. Having found itself with a sizable holding in Groupe Belvedere, Oaktree has offloaded its entire stake in the troubled French firm, we learnt last week. Elsewhere in the spirits world last week, Beam Inc became the latest multinational drinks company to look to up the production capacity for its Scotch whisky operations; proof, then, that I was right way back in February, 2011 - If it’s brown, it sells.
For all you brewers out there, Larry Nelson did something last week that he’d never thought he’d do: He wrote about a billionaire craft brewer.
Deputy editor James Wilmore looked back five years to see how the relationship between the energy drinks sector and the health lobby has developed - if at all - in recent times.
Finally, the latest research report from just-drinks and The IWSR has been published today. Full details of ‘Global market review of vodka – forecasts to 2018’ can be found here.
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. ...
Inver House Distillers has released the first in a new series of annual, limited edition peated malt whiskies from its anCnoc brand....
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....
Swedish cider maker Abro has launched a pomegranate extension of its Rekorderlig cider brand in Australia. ...
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....
- Allegro: The shape of things to come at Pernod?
- The End of the Road for International Beer Brands?
- 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