Blog: The just-drinks Weekly Round-Up
Olly Wehring | 28 October 2013
On just-drinks last week:
- The Q3 results season continues, with Heineken being the latest major brewer to report its numbers. The company's annus horribilis goes on, with flat sales in the year-to-date prompting a warning from the brewer that its 2013 full-year net profits are expected to fall by low single-digits. And yet, as one analyst highlighted, Heineken's long-term gameplan looks sound. Also, as I suggested, maybe the firm is being a little bit too hard on itself. For a full round-up of our coverage of Heineken's latest figures, click here.
- Dr Pepper Snapple Group has had a better year of it so far, withnine-month net profits staying black on flat sales. With the "extremely challenging" adage getting yet another airing, the US-based company also expressed alarm at the marked fall in sales for diet CSDs in its domestic market. Should the company heed the advice of the analyst that suggested pricing is the answer?
- Another multinational having a tough time of late is Pernod Ricard, which saw sales in its fiscal first quarter register a marked decrease. Despite the firm maintaining that its full-year profits should stay positive, can Pernod get over its Chinese hump? The likes of Remy Cointreau are struggling to do just that.
- The wine world was surprised to learn last week that Vinexpo's planned exhibition in the country is now dead in the water. Isn't China supposed to be the next booming market for wine? Then, when we learned last week that the event organiser was not yet able to guarantee that Vinexpo Tokyo will go ahead, the concern must now be that it is alarm bells that wine companies can hear coming from the east, rather than the sound of till drawers.
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?
- Heineken to stay "active player" in beer M&A - CFO
- Focus - Pernod Ricard's Q1 sales by brand
- Diageo's future brighter than present suggests
- Moët Hennessy unveils first Travel Retail outlet
- United Spirits sees Q1 net loss
- Beam Suntory, Edrington part ways in Travel Retail
- Smirnoff Ice gets India launch
- Pernod Ricard sees sales lift in Q1