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.
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....
India's beer industry has called on the government to end laws that tax the category at the same rate as spirits, according to a report. ...
Heineken has stepped up its focus on stay-at-home drinkers with the roll out of its latest 'draught beer at home' concept - The Sub - to its domestic market. ...
- SABMiller's troubles fuel M&A rumours
- Diageo's future brighter than present suggests
- Diageo's Q1 Results by Region
- Focus - Remy Cointreau's H1 Performance by Brand
- Three Questions for the Drinks Industry
- Moët Hennessy unveils first Travel Retail outlet
- Diageo puts Beckham centre stage in Haig Club ad
- Moet Hennessy sales falter in YTD
- Diageo Q1 sales dip "in line with expectations"
- Diageo to appeal Parrot Bay UK TV ad ban