Blog: The just-drinks Weekly Round-Up
Olly Wehring | 27 January 2014
On just-drinks last week:
- We started with a bang on Monday morning, when Anheuser-Busch InBev said it had agreed to buy back Oriental Brewery in South Korea, almost five years after it sold the company to private equity group Kohlberg Kravis Roberts & Co. At first sight, this looks like a strange purchase: sell for US$1.8bn and buy back for $5.8bn? At the very least, however, the move shows how far A-B InBev has come since 2008.
- Things appeared to be going from bad to worse for Remy Cointreau: No sooner had the company's CEO handed in his resignation earlier this month than the head of the group's Remy Martin Cognac division called time on his tenure. The surprise announcement may not have been that much of a surprise to the company, however, who confirmed the appointment of a replacement at Remy Martin earlier this morning.
- In soft drinks, it would appear that any carve-up of PepsiCo is now off the table. Nelson Peltz, the shareholder that had been pushing for a split of PepsiCo's food and beverage businesses, said last week that he would "rescue" himself from discussions over the company. While this may mark the end of the matter as far as PepsiCo's board are concerned, will shareholders be able to shake the worm from their ear?
- In wine, the latest figures out of Australia make for pretty bleak reading, with sales of the country's wines in both value and volume terms stuttering in 2013. Oh well, at least it gave the adjective "challenging" the chance to grab some air.
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....
- Ten questions for Diageo - Analysis
- How craft beer has shattered its US shackles
- Have spirits companies forgotten the mainstream?
- New CEO sparks optimism at Coca-Cola - Analysis
- Ashwagandha - The next functional drinks trend?
- Moet Hennessy unaffected by LVMH Dior buy
- BrewDog moves into spirits with LoneWolf launch
- Edrington's Highland Park Valkyrie - NPD
- Coca-Cola to cut 1,200 jobs
- Coca-Cola looks to fast-growing functional drinks
- 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?
- Wineries in the US - Industry Market Research Report