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.
Yesterday, Molson Coors reported a marked fall in full-year net profits on a 14% drop in sales. Here, just-drinks takes a closer look at the brewer's Q4 performance by region:...
Could it happen? According to this report, a section of the beer community wants to ditch the word craft. They prefer instead the term “Indie” for brewers they believe follow the enlightened path of t...
The global elite were in Switzerland last week for the World Economic Forum in Davos, the annual corporate huddle for the rich and powerful. The CEO of The Coca-Cola Co, Muhtar Kent, was there too, de...
With The Coca-Cola Co stealing yesterday's limelight with its new united marketing strategy for brand Coke yesterday, a Forbes interview with PepsiCo North America Beverages' new CMO, Seth Kaufman, sl...
It is a bold attempt to regain a measure of control in the ever-spiraling debate about sugar. But will The Coca-Cola Co's new marketing strategy - which for the first time ties all of the Coke family ...
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- Pernod Ricard's H1 performance by region - Focus
- Heineken's FY performance by region - Focus
- Forget Baby Boomers at your peril - Consumer Trend
- Carlsberg's full-year performance by region
- Asahi Group lines up Grolsch, Meantime, Peroni buy
- Pernod Ricard targets US through unit, exec switch
- William Grant & Sons' Ailsa Bay - NPD
- Asahi Group to buy Grolsch, Peroni from SABMiller
- Half-year sales lift for Pernod Ricard
- Global travel retail insights - market forecasts, product innovation and consumer trends
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Global Whiskey Market 2016-2020
- Emerging Drinks Industry Trends
- Global sparkling wine insights - market forecasts, product innovation and consumer trends research