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.
Whenever we read anything about Millennial consumers, there is almost always mention of the personalisation trend as well as the importance of social media....
Ever wondered what fuels Anheuser-Busch InBev's acquisitional drive? Is it naked ambition? Faith? The good of mankind?...
Late last week, Diageo's North America president, Deirdre Mahlan, hosted a conference call with analysts. Having spent just over a year in the role, Mahlan offered some insight into the company's larg...
Anheuser-Busch InBev is reportedly calling a halt to its Seth Rogan and Amy Schumer Bud Light campaign in the US....
Today is SABMiller's final day. Some time this evening, Brussel's time, the second-biggest brewer in the world will be subsumed into the biggest, creating a beer behemoth of unprecedented proportions....
- Trump, local spirits and the IR role - The Analyst
- Interview - Bernstein analyst Trevor Stirling
- Diageo NA head on Trump, Millennials, Bourbon
- Is Irish whiskey ready to recognise its potential?
- Interview - Loch Lomond GTR head Andre de Almeida
- Beam Suntory opens global headquarters in Chicago
- Pernod Ricard offloads Domecq brandies, wines
- TWE renames Blossom Hill fruit wine range
- Diageo appoints first programmatic marketing head
- AB InBev launches Budweiser Uber tie-up in UK