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.
Paul Walsh just can't stay away from the drinks industry....
For those people looking to the Red Planet as shining utopia away from all things earth, look away now....
Bacardi's 42 Below vodka brand has found a novel way to use the lemons left over from cocktail-making: Turn them into liquid soap....
Philadelphia’s soda tax came into force on Sunday, and is reportedly causing a stir in the city's check-out aisles....
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- New CEO sparks optimism at Coca-Cola - Analysis
- Moet Hennessy unaffected by LVMH Dior buy
- BrewDog moves into spirits with LoneWolf launch
- Portman Group heads to Tesco for new chief exec
- William Grant names Europe & NA Travel Retail head
- Johnnie Walker Bourbon Cask & Rye Finish - NPD
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Craft Beer: Coming of Age or Past Its Prime?
- Myanmar - ISA Country Report