Blog: The just-drinks Weekly Round-Up
James Wilmore | 18 November 2013
On just-drinks last week:
- Carlsberg is continuing to up its focus on Asia, last week unveiling a new boss for its regional unit. It came as the Danish brewer reported flat nine-month sales as its Russian woes remain, but its CEO predicts brighter things next year. Meanwhile, rivals Anheuser-Busch InBev were updating analysts on how it sees the US beer market, while SABMiller reported sad news of a relapse for its chairman and former CEO Graham Mackay.
- In spirits, columnist Richard Woodard rattled the cage over the issue of category definitions – with absinthe's rough treatment raising the ire of our commentator. Newly-listed Stock Spirits revealed details of a deal to distribute Diageo's premium portfolio in Czech, while Stock CEO Chris Heath insisted to just-drinks the tie-up is “complementary”.
- In soft drinks, PepsiCo put down a marker in India, saying it intends to invest US$5.5bn in the country by 2020. Meanwhile, iPro Sports Group has signed a GBP7m (US$11.3m) deal to rename Derby County's Football Club's ground after its isontic sports drink brand.
- In wine, Pernod Ricard's US unit is eyeing major expansion over the next five years and unveiled a new team to drive that effort. Back in the UK, it emerged that Direct Wines is selling the UK unit of Virgin Wines for GBP14m (US$22.4m) to the division's management team.
- Finally, we ran a round-up of the drinks industry's contribution to the relief effort in the aftermath of Typhoon Haiyan. Our thoughts and condolences go out to those affected by the disaster.
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